Most new traders think that the more complex forex trading times strategy is, the more profitable it will be. Trading Forex using price action is simple, stress free, and highly effective. In this guide I will share my simple Forex trading strategy with you.
While my Forex Trading Strategy is simple, do not let that simplicity fool you, it is very powerful strategy! My Forex trading strategy is based completely on price action, no indicators, no confusing techniques, just pure price action! When GBPUSD moves up it’s because there are more bulls than bears and vice versa. Price action trading is about analysing who currently controls price, bulls or bears and if they are likely to stay in control. How do you analyse who’s in control of price?