If You’re Looking for the most basic Trading Strategy in the world, it could be described as based on the horizontal levels and price movement. Where is the price movement of the horizontal levels is a key component of the world’s simplest trading theory. And you can learn this strategy by drawing the basic levels on your charts, then waiting for the signal to clear the movement of prices made up around them.
Currency Trading
Why is a very important horizontal levels?
If you want to learn trading through a graph with no prices, you will need to know at least two things, price movements and horizontal levels. Everything in the market begins with a horizontal line, which is considered as the backbone of the trading strategy for many investors. In general, these levels is one of the basics of trading in the Forex Market, as they have a strong impact on the price trend.
Horizontal levels with time and “value zones” will help you determine your risk by giving you the level of the price fixed by the stop-loss beyond. But, you should also know that horizontal levels are not the only factor to be searching for it during handling, there’s more of the factors which is lined with an indication of price movement. However, the horizontal levels are considered as the basis for the simplest trading strategy, the following are some examples on how to use the horizontal lines and the price action in the trading markets. are you ready? let’s go…..
Examples of trading using the horizontal lines and signs of price movements:
Horizontal lines traded in markets destined for the price movement of the turning point
The best way to trade with the horizontal lines in the markets was the turning point or swing. As the direction of the markets, it creates a horizontal levels as they ebb and flow, and these levels are called swing or turning points. And by watching the price movement of the turning points in the Snap Cash Binary market we can find a very high probability of trading conditions.
Look at the illustration below, and notice how the market is going to rise, and the like make new highs, also creates resistance points when they fall away from these highs, but they withdraw behind the rise / former resistance, transformed into support (turning point). Thus, the old resistance becomes new support at a rising trend, and in the downward direction the old support becomes new resistance, also known as point Swing (turning point).
How we can take advantage of the turning points of horizontal levels this will be by watching the movement of the price formation near them strategies, because the market pull back. Look at the blue circles in the illustration above, this is the turning points that you want to see the composition of the price movement of clear signals, and then you trade.
Trading horizontal lines in specific markets with a range of price movement
Another way is excellent trading horizontal lines on the market are simply by watching the conditions of formation of price movement near the market scale specified limits. Unfortunately, the markets are not always going as we want, they often oscillate between support and resistance in a trading range. Fortunately, The Lexington Code Trading with the movement of Statistics price situation allows us to trade in any market conditions, even in the specified range of market conditions.
In the illustration below we can see an example of what appears to be limited scope of the market. When the price bounces back and forth a clear distinction between horizontal support and resistance levels, we can wait for the price to reach a scale limits and then watching the composition of the price action signals. This provides us with a scenario of very high entry and strategy is very simple trading. Also it gives us a clear levels to identify risks that we face. Where there are risks just outside the high or low trading limits.
Horizontal lines trading “event zone” with the price movement
The event areas are horizontal lines that can be high probability areas to see the composition of the price situation. When a major event of prices within the market place, such as penetrating internal bar or reverse bar. The price creates an “event zone” on the horizontal plane. You will notice that the event be important parts of this most of the time because the price often stumbles or will be reflected because of the re-testing.
In the illustration below we can see an example of the creation of the event area in addition to how to trade them after that. That is a reference price movement can create a large area happened if the movement has moved from the event / horizontal area. In the example below we can see a breakdown of internal bar and the price drops back and re-test this area event happens.
However, the event areas also provide the ability to enter without confirmation from price action.
Concrete examples of price action trading at horizontal levels
Finally, I have wanted to show you Wiki Trader Binary Real Blueprint for the pair the euro against the US dollar, and I analyzed the recent price to show how it can be used for horizontal levels with simple price action trading within the markets.
1) Note that the Euro was trading against the US dollar levels were approximately 3 months since earlier this year, and the price was wobbling back and forth near the 1.4550 resistance and support 1.4100-1.4000 level .. this and there is a lot of signals in this range, but on the There are at least three points, which formed near the scale of support that investors can then reap good profits.
2) After that, however constitute a trading range and be long support of points, we we will have reached near 1.4100-1.4000. Where the price began to move down from higher trading range before the impenetrable. Thus, the penetration Bottoms means penetrating the event area.
3) and then we can see the inner bar, which form low market trend. Those conditions have been formed on a horizontal plane, and we can see very well that it led to a substantial moves to the downside, which provided investors with good rates of risk management and access to profit from price movements.
Conclusion
In Conclusion, The Horizontal levels of trading with the price movement of the signals is simple and successful market trading strategies, and can be used for analysis and trading. It could be argued that this strategy is the simplest And Easy world strategy and the most effective. It is clear that the horizontal trading range is very important in the market, and by combining them with the price action strategies, the trading will be very effective and simple at the same time.
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