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Summary
Price action trading has almost become a cliché. Everybody talks about its merits and everybody teaches the same approach. Have you ever wondered whether we are just over complicating what Price Action trading is really about? Whilst only trading at certain levels does have its merits and only trading certain patterns also makes logical sense… There is another approach, one that puts you on the right side of the market the majority of the time. Now if you combine this approach with sound risk management, you have an amazing vehicle to make money. Have you ever looked at a chart and thought, “This is moving up”, only to later see that it did exactly what you expected? But you were not able to enter because it didn’t meet your very stringent trading rules? Well in this webinar Alex is going to show you exactly how you start to trade on your instinct and start making serious profits.Latest Live Videos
Editors’ Picks
EUR/USD: Yes, the US economy is resilient – No, that won’t save the US Dollar Premium
Some impressive US data should have resulted in a much stronger USD. Well, it didn’t happen. The EUR/USD pair closed a third consecutive week little changed, a handful of pips above the 1.1800 mark.
Gold: Metals remain vulnerable to broad market mood Premium
Gold (XAU/USD) started the week on a bullish note and climbed above $5,000 before declining sharply and erasing its weekly gains on Thursday, only to recover heading into the weekend.
GBP/USD: Pound Sterling remains below 1.3700 ahead of UK inflation test Premium
The Pound Sterling (GBP) failed to resist at higher levels against the US Dollar (USD), but buyers held their ground amid a US data-busy blockbuster week.
Bitcoin: BTC bears aren’t done yet
Bitcoin (BTC) price slips below $67,000 at the time of writing on Friday, remaining under pressure and extending losses of nearly 5% so far this week.
US Dollar: Big in Japan Premium
The US Dollar (USD) resumed its yearly downtrend this week, slipping back to two-week troughs just to bounce back a tad in the second half of the week.
Week ahead: Data blitz, Fed Minutes and RBNZ decision in the spotlight
US GDP and PCE inflation are main highlights, plus the Fed minutes. UK and Japan have busy calendars too with focus on CPI. Flash PMIs for February will also be doing the rounds. RBNZ meets, is unlikely to follow RBA’s hawkish path.