Price Action Intraday TREND Trading Using Key Price Levels

Are you a serious Intraday trader and want to make money every month from the market than you are at the right article.

One of the reasons people like to try trends following intraday is because they can manage the trade more actively and take larger position sizes due to the smaller time frame.

In theory, it works. But in practice, your emotions can run high and prices move quickly on these short-term time frames.

So use these tips to try and improve your success.

When looking to identify and then trade with a trend on the daily charts we can be waiting weeks to months for a trend to form.

On the smaller intraday time frames, short-term trends are forming every day.

The two best strategies to get into trends on intraday charts both involve reading and using the price action clues.

• The first involves looking for prices to make quick pullbacks or rotations into value areas. This is like looking for the next wave to occur so you can ride it with the trend.
• The second strategy is watching for when price pauses within the trend, consolidates and moves sideways. This will often be in a box shape or pattern. We can then look to play the breakout of the box in the trend direction.

This is one of the most common intraday trading strategies and also one of the easier methods for finding and playing intraday trades.

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