In this Urban Forex bites you will learn what are the 3 steps you should follow to trade using price action:
1- Activity: Are you looking at an active pair? If the market is not interested in your pair, there is no reason for the currencies to move. It is better to focus on charts with volumes and activities. Most of the time, NEWS will bring activity to the market. Technical analysis does not work without volatility.
2- Momentum: Make sure that your trend still has momentum. In this Webinar, Navin will teach you how he uses the "Rubberband Man" to gauge the momentum. This topic is covered in more details in his online course "Mastering Price Action"
3- Flow And Territories: Know who is in control of the market. Are you in a buyer's zone or a seller's? Stick with your direction until the market says otherwise.
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1- Activity: Are you looking at an active pair? If the market is not interested in your pair, there is no reason for the currencies to move. It is better to focus on charts with volumes and activities. Most of the time, NEWS will bring activity to the market. Technical analysis does not work without volatility.
2- Momentum: Make sure that your trend still has momentum. In this Webinar, Navin will teach you how he uses the "Rubberband Man" to gauge the momentum. This topic is covered in more details in his online course "Mastering Price Action"
3- Flow And Territories: Know who is in control of the market. Are you in a buyer's zone or a seller's? Stick with your direction until the market says otherwise.
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