One of the best ways to trade Forex is to use price action trading systems. But the problem is, there is so many different price action strategies, it is very hard to put together a comprehensive trading plan. Imagine trying to piece together a trading plan based on information gathered from 100′s of different sources, [...]
Forex traders who like to get into the market and exit the market in the same day are called “Day Traders” or “Intraday Traders”. Obviously, picking the right time and direction to enter the trade is important. (Price action trading is very good for this). But since a currency pair only moves so much in [...]
Price action Forex strategies are only powerful if you have a detailed trading plan to follow. Sometimes price action traders think they don’t need a written trade plan because the strategies they are using are so simple and effective they can remember everything. But in the heat of battle, when you have real money at risk in [...]
Having confidence in the system you are trading is essential for Forex trading success. Having confidence in your trading system is what is going to get you into the market, and keep you placing trades according to your trade plan during the inevitable losing streak. Using high probability price action setups allows Forex traders to build [...]
Many traders think price action trading is too simple and over-complicate their trading with too many indicators and rules. Don’t get me wrong, there are plenty of ways to trade Forex profitably, but overcomplicating things and jumping from one system to another is not the way to succeed. To be a profitable trader all you need is [...]
I know it sounds weird to talk about “Indicators” when Hector DeVille teaches Price Action Trading. But Hector’s Advanced Forex Indicators you get as part of his Learn Forex Live Course are different. They don’t tell you to Buy or Sell, but give you insight into which pairs to trade and in which direction. One [...]
As you know, I am a big fan of Hector DeVille, because I think he is one of the best price action trading teachers around. Today he sent me a link to get t free indicator that keeps track of your trading stats. (This is not his indicator, he found it elsewhere). Click Here To [...]
Let me get this out of the way… Price Action is king. But that does not mean you can’t use some common indicators to help make your Forex trading decisions. Hector DeVille is one of the best price action Forex traders and teachers around… but even he uses other indicators on occasion. The 3 SMA [...]
Hector DeVille is one of the most respected Forex traders teaching price action strategies. As you probably know by now… price action is KING when it comes to trading. But that doesn’t mean your price action trading can’t get a little help from custom indicators. The indicators Hector uses are designed to help you make [...]
Hector DeVille’s Learn Forex Live Course teaches you how to trade Forex using PRICE ACTION. But Hector also uses some advanced indicators to gain an advantage over other traders. His Currency Index and Trend Scanner Indicators help him pick the best pairs to trade and the best times to trade trending systems. ANY trading system [...]
