The Credits

Some of the methods and indicators here belong to the hardworks of Avery Horton Jr Aka TheRumpledOne.The others were all pieces of my experience from the other fellow traders. As a forum members of www.kreslik.com which enable traders to get information without boundary. They can be reach at

TheRumpledOne : therumpledone@gmail.com
Kresilk forums: www.kreslik.com
mine : caranxkaibutsu@gmail.com

Monday 28 April 2014

Forex 101 - How to Identify Price Turn

I have found another method to identified the price turns. It is absolutely powerful if you going to used it with Horizontal Line.

How To Identify A High Probability Trade Setup

If there was a simple trade setup that would take you just a candle to identify a change in the direction of price at a high rate of success that you could expect a more profitable trading career, it would be this. It sounds unbelievable to you now as it did to many traders who have been applying this technique, but it really isn't so keep reading. 


One of the biggest challenges in trading is how to identify turning points in the market. How can you tell that the market is reversing? 

It doesn't need to take rocket science to detect and you'll see just how easy it is, we'll explain it all below. 


It doesn't matter if you are a beginner or if you have been trading for a long time. I will share with you one of the little known and seldom used, but powerful trading technique that can be applied in every time frame and currency pair you trade. 

Here's a short exercise... 

Based on these bars below, do you know when price turned around? 

 

Would you like to know how? 

Click below to watch my video which explains how it can be done. It's FREE! 

If you would love to see results like these, start today by watching the FREE presentation below. 

Original source: http://wizardoftrading.com



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