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Saturday, June 09, 2007

Price Action...

Do you know about Price Action??? One of the Powerfull Method in Trading...
I get this from James16 Group....you can subscribe with his group if you want to learn more...
I will post some example of Price Action and some screenshoot...enjoyed...

Click to Enlarge Pictures....

In the pictures above you can see "Price Action breakout". Two consecutive matching low. You look for this after trend has developed...This is Trend continuation breakout...




In the pictures above you can see "Bearish outside vertical Bars" that signal the continuation of down trend...



Another example of price action.."Double Bar High with Lower Close" and "Triple Bar Low with Higher Close"



Example for Day Trade with Price Action....



Another example of Price Action on Daily Chart


It help me in my trading, i hope it can help you too...
Tommorow i will post some more example of Price Action....
Just Click the signature if you want to subscribe wiht James16 Price Action Group...
Happy Profit Everyone...

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