floating profits from the trade diminish as the retracement eats them. The highlighted candles show strong momentum into highs where price resisted further movement to the upside. When you mark these levels it should have an immediate impact on the way you view the chart. 30-day money back guarantee no questions asked. Notice how the top two rejection candle sell signals created new swing highs giving you the price action trader, the opportunity to sell high. Further down the line another reversal candle developed, after the main sell off had occurred. Do you think you could have held this trade? Generally when price finally breaks strong consolidation structure patterns- the breakouts can be quite explosive.
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Many thanks!" - Vittoria Bevilacqua Who is the target audience? Want to know if the the market trending, ranging, or maybe trending inside a much broader range? You only have to look at your chart history to see the mammoth moves these high impact price action events can generate. In this example there was no finishing trade signal that I can see that would have triggered me into the move, but there could potentially had been something on the 4 hour chart that we could have traded at this hot spot. If youre serious about swing trading, youve got to watch for these breakout and re-test events. It maximizes your chances of catching a nice reversal move. Price action and swing trading are really the holy grail of trading approaches for me and many other traders nothing comes close. #2 Trade In Position, in this section I would like to talk about trending market structures.