Forex place trading with spreadsheet
approach behind. What did you think of this lesson? Checkout Nial's Professional Trading Course here. IN US,. These arent actual trades I took, but the charts you see ARE good examples of high-probability price action signals that I teach in my courses and that you can and should learn how to trade. When you are not taking advantage of risk-reward, you must win a very high percentage of your trades to be profitable, and that is a very hard thing. I am trying to show you that even with a low strike-rate (even below 50) with proper risk-reward, you can still make good money. I am going to show you how I trade, how I think, how often I trade, planning risk / reward and more.
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A skilled price action trader could easily win more than 50 of their trades some months. Here are the results of Month 3: You will notice in the spreadsheet below that forex order flow data 4 trades were taken in approximately one month of time. This trade went on to make. The result was a positive 2R profit after you subtract out the two 2 1R losers. Here are the results of Month 1: You will notice in the spreadsheet below that 4 trades were taken in approximately one month of time. We used to sell this course for over 500, but decided that we would do something no one else.
About Nial Fuller Nial Fuller is a Professional Trader Author who is considered The Authority on Price Action Trading. Our aim here at Traders Corner is to empower the person on the street, to take control of their financial future, by teaching them to make money with nothing but a laptop and an internet connection. Once you understand the two above points, it will begin to change how you think about trading. This is how I trade 90 of the time and its how you should. You must trade like a sniper, not a machine gunner! The first winning trade of this month period was an interesting fakey pattern that formed on the daily chart of the S P500 within the recent runaway trend this market was in just before all the recent volatility set. How many trades did you take last month? Notice, this was only a 1R profit with the reason being, there was a key resistance level coming into play before 2R would have been hit, so logic would dictate we exit ahead of the key level rather than hoping and praying price breaks through.