My name is David Ruscelli. I’m a full time trader. I trade with price action, non directional method and technical analysis.
What is the Forex?
The forex market is the market of the currencies, where are exchanged, bought and sold currencies like EUR USD GBP JPY etc…
On this page we introduce the Forex Strategico Staff members, they’re all fully qualified to teach non-directional strategy.
Price action and Indicators
The price action allows the trader to focus on the price and its behaviour. The movement, the extension, the colour of the candle, the thickness of the body of the candle, are just some of the features that can express much more than what 10 oscillators may together represent on a single chart.
As we see from the circle, the bearish pin bar that the market had reported could be exploited thanks to the technique of price action on the very next day with a short entry below the low of the pin bar. The Stochastic signal sent it only three sessions after the pin bar while the MACD indicator even after six sessions.