Invest FX

To conclude this section, it’s really important to remind you that it’s not any particular pattern or formation that is important but rather that you can use these tools to form a confluence of reasons to enter a particular trade.

It’s also important to bear in mind that you can’t use every single tool that we show you on this site so don’t get overloaded, you have to pick out just a few that will form the basis of a set up that you will focus on looking for and trading from.

Also remember that price rules so you will fare much better if you align you’re trading with what price is actually doing at the time rather than trying to trade something that you think might happen in the future.

On its own, price gives you many clues as to what is going to happen next in the market:

• It tells you the direction of the market at any given time
• It tells you when the market may be reversing
• It tells you whether there is any reaction at key S&R levels

So make sure you take notice of price action and what it’s telling you and trade with this in mind.

Next: Prior Support & Resistance