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Learn Forex trading with a simple trading strategy like price action. Learning to trade Forex with a 'low maintenance' approach will improve the quality of your trading life by reducing stress and anxiety by allowing you to set and forget your trades. Learn Forex Trading the smart way. Don't get caught up in over hyped, high involvement trading systems.
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Last week we spoke about the AUDCAD daily chart which was set up for a bearish breakout. We had the classic double top pattern indicating that the market was ready to tip over. We’ve been following this one heavily in the War Room targeting key entry points in this downward movement.

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Last session a large bullish Rejection Candle price action signal formed in the NZDUSD major market on the daily time frame.  It’s obvious that the trend is bullish here so price action traders should only be looking for buying opportunities. This market has recently created the higher high higher low pattern around a swing level on the chart, the signal candle did punch below the swing level, this move was rejected by the market driving prices back higher giving us our signal candle.

Start trading forex the right way - Learn how Today! Take control of your trading, minimize Forex stress and discover how to profit with minimal effort!

We recently discussed a bullish rejection candle price action signal that formed on the NZDUSD daily chart, where the rejection candle was testing the breakout area of a previous swing high. This was a classic text book trade setup that has seen price explode upwards in a matter of days producing now up to a potential 400% return, all for 5 mins work.

In this video walkthrough we discuss an example of one of our price action trade setups, \'the Rejection Candle\'. We demonstrate how trading with price acti

Previously we discussed an Inside Day setup on the NZDJPY daily chart. A bearish setup formed when price broke out of containment, then retested the old support area as new resistance  At this swing point level, the market churned away and created an Inside Day. That happens when the market pauses and churns away at important levels in the market, and the high and low of the day and within the high and low range of the previous candle.

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In this weeks War Room’s video market commentary we spoke about this trade setup that formed last week on the EURCAD daily chart. By observing an Asian breakout that failed and caused price to spring in the opposite direction, a potential ‘Asian breakout trap and reverse’ entry was triggered was when price breached the previous day highs. Some of the War Room members caught this trade entry.

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We recently have been discussing the bearish rejection candle price action signal that formed on the the EURNZD daily chart, where the dominant trend was down so we were hunting for a sell opportunity, we covered a bearish rejection candle that formed when price broke through a major weekly level, retraced back up and tested it as new resistance, confirming the swing point. This produced a high probability trade setup and we have just seen the trade hit our 300% target.

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In this weeks commentary we spoke about an Asian breakout trap trade that formed on the EURCAD daily chart, which signaled to us that prices were ready to push higher after recently busting through resistance. When this resistance level was confirmed as support again and the chart produced the Asian breakout trade, we had a high probability low risk signal which has now exploded upwards and reached our 300% target.

Start trading forex the right way - Learn how Today! Take control of your trading, minimize Forex stress and discover how to profit with minimal effort!

In the previous discussion on the EURCAD daily chart we were talking about a bearish Outside Day signal that was triggered after a bullish indecision candle setup failed. Generally signals that fail often create outside candle signals in the opposite direction  This Outside candle setup did see plenty of bearish follow through as the market dropped significantly lower, the members chat room lit up with conversation about this trade and many War Room members raked in some nice profits on this…

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Recently we discussed a breakout trap and reverse price action trade setup that triggered on the AUDUSD last week. This setup triggered as a key level on the daily chart was broken, which just happen to be a major weekly range bottom containment line. This range bottom support was containing price for months and we’ve now finally seen a breach of this level which has been the catalyst for a powerful breakout here

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We are looking at a perfect trend on the GBPAUD today. The price looks very stable and buoyant here just floating on top of the mean value. The volatility is only focused in one direction which is perfect, the EMA’s are smooth out and facing towards that 2 o’clock angle, perfect conditions for price action signals to form.

Start trading forex the right way - Learn how Today! Take control of your trading, minimize Forex stress and discover how to profit with minimal effort!

Remeber the GBPAUD price action signal we spoke about last week?, well we are back to see what happened to this trade. As expected it turned out really well, this trade setup formed in perfect trend conditions and was strong in form.  We described this Bullish Rejection Candle signal as a ‘textbook perfect’ trade and got the highest score on our War Room Signal Assistant.

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While most of the major markets have fallen into a violent mess We’ve managed to spot a trade hiding on the NZDJPY daily timeframe.  What we’ve seen here is the market start breaking down out of a containment support level, the EMA’s are now even starting to point downwards as the bearish momentum picks up. The EMAs are a nice trend filter and generally point in the direction of the core market pressure.

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At the beginning of this week we posted up some trade discussion in our War Room chart of the day section on a price action setup that formed on the AUDUSD daily chart  We have been targeting the AUDUSD lately as it has been a big mover. The trade setup we spoke about was some bearish rejection that we got off the upper trend mean value into the close of last week. Then on Monday the daily chart printed another Bearish Rejection price action signal.

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To kick off the start of the trading week we had some relatively boring price action, most likely due to the market hanging for the high calibre news events that will be unfolding during the week.  However, when the market moved in the later New York trading hours the AUD kicked into action. With the AUD showing signs off bullishness during the market open, them gains quickly dissipated as the bears pushed AUD back downward later on, which is in line with the overall recent bearish AUD…

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Earlier on we covered a bullish price action scenario on the GBPUSD. We looked at two bullish Rejection Candle signals that formed of a support level while making a higher low.  We used the retracement entry from the Price Action Protocol to take advantage of tightening up our stops here, and increasing our reward potential.  After being triggered in the market took off quite aggressively and pushed into fresh highs.

Learn How to Trade Forex Trading the Right Way!

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