Price action trading is a kind of technical analysis with no technical pointers. Price action analysis depends upon the choose that price reflects everything and in this way price is acknowledged to be the, and just pointer that traders require. In price action trading, price is of most unfathomable centrality to the trader/master. It is an examination of price in association with the past price (or price history). In this manner, price action is just an examination of how price changes. I trade forex with XeroMarkets broker as it is a regulated broker so I feel safe. I besides like their trading platform as I can trade with no requote even in the surge hour.
The key is to understand how it really works and who is right to work with. I was losing funds to a broker and by the time i realised it, i had already lost $52000 which was over half of my savings. I met a friendly trader and she directed me to the recovery agent Mr Bart Kasch. He helped me recover all my money, every penny. Referred him to friends and colleagues already, you can contact him if you need help at [email protected]
Every trader has a different trading style. If any trader wants to make success in the forex, he needs to follow some rules. He should not take decisions emotionally while trading. Success in forex market mainly depends on the broker a trader chooses. If their strategies don't suit the broker than he can not succeed. I use TP Global FX as my broker. They are helping me to become successful in the forex market by giving low spreads and dynamic leverage. Their trading style is too easy to learn and operate.
I use price action to find an entry. If my strategy permits me to open a trade, then I open trade. I never try to force me to open a trade. It takes maximum 5 minutes to take the decision. If I can't make a decision in 5 minutes I do not open trade. I place both stop loss and take profit and check everyday one or two times. If I see anything wrong I manually close the trade. I trade at Eurotrader broker. I am happy with their low spreads and no requote.
In Forex market when you will go to find a nice and trusted broker believe me, you will find most of the brokers cheaters and scammers. Because they don’t really have any trading license which is very important of a good Forex broker. Luckily, I have selected the licensed and secured Forex broker Tpglobalfx who are providing their active service through the internet facility in all around the globe properly.
