The projects/coins that have a higher daily trading volume and which have a widespread community behind them, with continuous development, are here to stay with us: EthereumRead more
Friedberg Directs clients can choose between trading forex with fixed spread versus trading with floating spreads, which are flexible and changing. Speculate on Bitcoin volatility with fixedRead more
daily chart with a clearly defined down-trend and a clear price flip with a kill zone marked. It's simply many traders making trading decisions at that level. The PPG, forex, trading Strategy. All traders are looking to do here is play a high probability price action signal that will give them confirmation that what they thought has been confirmed. They patiently wait for the market to come to them. I do not think one is better than the other. What indicator are we using for this strategy? Or will the resistance win and the price reverse? This is a simple, easy to learn and easy to understand trading strategy.
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Support is the level where price finds it difficult to fall below until eventually it fails to do so and bounces back. Rather than going into the market and forcing the market to make what you want, start marking your kill zones and letting the come to you. If you have any questions about the article or anything at all please post them in the comments below. Traders should have their flip and kill zones marked on all their charts and then be stalking their charts on all time frames looking for trades letting the market come to them. Once the key trend has been identified it is all about finding super high probability areas to make trades within this trend and this is what the kill zone. You do not want to get caught out in this position and this is why it is critical you enter your trade in the right area. A price flip is where price flips from acting as either old support to new resistance, or old resistance to new support. This is why you want to think of these points as zones. These traders do not force the market. The indicator will work on any type of account, account or chart. This example shows us how a strong candle should look like as we see how the strong candle over power the one before.
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