In this post I will be reviewing the Price Action 5 manual forex trading strategy. This is a forex trading eBook that explains to you in easy to understand details a unique forex trading strategy that you can implement into your own existing trading system as an additional technical analysis or you can choose to use it stand-alone. It is suitable for any level of trader and is very easy to learn. The forex strategy outlined within the Price Action 5 eBook is very flexible and can be used on any currency pair and timeframe. As the guide mentions and something I can emphasis is that you should use the higher timeframes for more reliable trading signals and to filter out noise from the lower timeframes. It is much easier to spot trends and general currency pair direction when looking at the bigger picture
Price Action 5 Trading Strategy
The Price Action 5 Trading Strategy does not tell you when to buy and when to sell nor does it provide you with lots of fancy trading indicators to over load your platform with. What it does do however is give you something that is very easy to understand and implement into your trading which can potentially improve your win rate significantly if done correctly. In a nutshell, there are 5 rules provided in this manual forex trading guide which when followed and when they all agree can give very good trading signals. These “secrets” can also significantly improve your risk to reward ratio.
Price Action 5 Trading Strategy Summary
Overall, the Price Action 5 Trading Strategy covers some good ideas and manual trading principles that could be incorporated into the day to day trading of manual forex traders. Some traders will not like the fact there are no custom indicators made for the MetaTrader 4 trading platform that would make it easy to trade but for the price you cannot really expect so much! It comes with a refund guarantee should it not be a forex trading strategy suitable for you.