Fecha Actual:febrero 12, 2025

 

 


 Price action trading guide for startersMap Price For Index Forex And Gold

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    How did I start with a system over 80% of probability?

    I am sure that you are struggling with your trading system or maybe you just want to get better results and better psychology. Many questions I had back in 2006 when I started trading. I was a young professional with just one goal in mine “trading will be my life style” not just a living. Back then it was only chartism and platform indicators that I could rely on. In 2006/2007 I did just fine with my trading but not making the difference I was expecting.

    Charts were not reviling all that was to know. It was something wrong with the concept of indicators for daily trading. Then 2008 hits and I had to start over again. I was lucky enough to be in NYC and got a seat in a hedge fund.

    Surprisingly I was not inducted to use charts, trend lines, indicators or any chart related tool. Their charts were clean and simple. First thing you learn in WS is that charts are the final shape of price activity so that´s when I realized how far behind everyone is when relaying in charts instead of price action. After then years of steady results back in 2019

    I wrote this book with all I learnt from the WS secrets. No more buy low and sell high. No more overbought to short or oversold to buy, so far from truth. No more candlestick patters, trend lines, etc. Price discounts all of it.

     

    Psychology component in trading communities

    After the book was published I had an enormous amount of traders that would want to actually trade with me. Most of my followers and readers are actually traders a bit frustrated and burnt out. I also had been in that position so I decided to open a live trading room. Now they can know the system and also trade in community in real time. Watch my Trading born to offer and integrated system so traders can rely on each other and makes their psychology much more controlled. The more experienced ones in my community train the new ones and the energy is complemented with meditation days. I been always a solo trader but that doesn’t mean that everyone is the same. I found out that groups are ideal for anxiety especially in news days. Men and women balance each other out in excess of confidence of lack of it. It is amazing how cooperative communities are when there is one goal in common. I do emphasis in a balanced and discipline life since markets will get back to you in the same way. Any imbalance or excess you experience, your trading will be impacted the same way.

    Want to know more about price action

    I have an important background in economics for my degree and master´s degree. I wanted to give the introduction of price action for everybody regardless their knowledge. First rule of price action is that every price in markets has an interest for a buyer or a seller. There are trend markets like index or commodities and then there is forex. Forex has different rules than trend markets. The buyers will take over their area and shape the buyers area. The sellers will have control of a different area with different rules. Every price levels have their own set of specific strategies more convenient for that day. Trend markets don’t have sell area only short opportunities. The probability of reaction of buy price to go up and a sell price to go down is 80% using the right tactics with price action. The strategy will be completed once we cover the hedging process. From my experience there is an odd chance of exceptional situations where market can change direction and revert of its natural probabilistic course of action. This situations can be useful if you know how hedging works. Is it necessary that your trading account has hedging available. In pandemic years we had to have hedging since markets were totally unstable. Therefore trading opportunities were vast. A hedging process starts when there is a rare probability 2% to 3% chances that market trades out of expected range. When that happen I give instructions to open a trade against the main strategy planned. After price is back on its course of action then trading continues as normal.