The Most Important Forex & Stock Price Action Patterns and Trading System

High accuracy “Price Action Patterns and Trading System” – today I would give you what I believe to be the most important price action patterns and trading system you need to learn as a Forex trader.


Recommended Article:  Weighted CCI and Signals - Finding The Best High Profits Entry Point in Forex Trading
Yes… it’s very useful to understand.

  • Time Frame: H4 or higher
  • Currency Pairs: GBPUSD, EURUSD, USDCAD, USDJPY, GBPJPY, EURJPY,  AUDUSD, and NZDUSD

 

MetaTrader Trading Indicators
  • NonLagDot
  • SuperTrend

 

BUY Rules

  • NonLagDot: Blue Dots
  • SuperTrend: Below the candles
  • Price Action Signal: Bullish Pin Bar

 


Recommended Article:  Forex Auto Trend ZigZag BUY SELL Trading with RSI and Trend Candles Filter
SELL Rules

  • NonLagDot: Red Dots
  • SuperTrend: Above the candles
  • Price Action Signal: Bearish Engulfing

 

Price Action CandleStick Patterns NOTES

Not all candlestick patterns work equally well. Their huge popularity has lowered reliability because they’ve been deconstructed by hedge funds and their algorithms. The most powerful price action CandleStick Patterns are:

  • Bullish and Bearish Pin Bar
  • Perfect Bullish and Bearish candles
  • Engulfing

Leave a Reply

Your email address will not be published. Required fields are marked *




Powered by: ForexWOT Trading System
Privacy Policy | Cookie Policy |  e-Mail: ForexWOT@gmail.com