I would like to share a question that someone asked me recently.
Question:i am having a problem and pls help to solve it.. when learning Price Action and after knowing about each and every bars nicely, i cant takeeven a single trade.. like always i feel that something is wrong and i amturning back.. likeways i cant do trading and cant even take a singletrade.. in confluence, i cant find a signal, when signals comes its not inconfluence :-( … hope u can advice something..
Actually it is a good thing. You have learn to become picky in trading.You are frustrated now because there are few A+ trades around withconfluence. And it is a true fact. But when you spot it, you know its a good one.
So what you can do is to decide on whether do you want to take only the A+ trade or do you also want to include AB trades but with a lower rate of success.
But my advice to you is, do not hesistate when you see a good trade.Follow your gut feel at times. If you pick good trades consistently, by trading lesser is not a bad thing at all. And in fact, it will grow your account way bigger and faster than you would taking any other trades.
Remember No.1 Killer = Over TradingEzekiel
This is some of the great questions i got that hinders people from making the BIG Jump in forex – From the 95% Losers to the 5% Winners
I hope you benefited from this post, and if you have any questions that is bugging you. Do post it below and i will personally attend to it. And WOW a BIG CONGRATULATIONS FOR COMPLETING THE ENTIRE FOREX TRADING STRATEGIES! Its an achievement.
You are now way ahead than the rest of the people trading forex. But your journey is not over yet.
Forex is an ongoing journey, a full time career. To put things to full speed and to take off quickly, i highly recommend you to join our group and to learn our Famous Asia Forex Mentor price action forex course .
Do join us here: http://www.asiaforexmentor.com/afmpriceactionforexcourse/
I look forward to seeing you in our group and to be part of the elite professional forex traders community!
Cheers and to an awesome trading as always!
Ezekiel Chew Asia #1 Forex Mentor