Forex Trading Strategies – Its all about Boxes

[asiaforexmentor]

Forex Trading Strategies – Its all about Boxes (Forex Trading Strategies)

 

Forex trading pair: Usd Chf

The forex trading strategies | strategy above is an interesting way to look at forex charts.

I have highlighted blue boxes in the chart.

As we can see, when price is NOT trending. It moves in boxes. Just like the chart above.

Do not neglect the simplicity of this! I use this often as one of my trading arsenal.

What we can notice from the chart is that price consolidates in the boxes and to eventually break out from the box to form another box.

So price move in boxes when its not trending.

How can we benefit from this Simple yet Powerful knowledge?

Forex Trading Strategies – Its all about Boxes (Forex Trading Strategies)

 

By drawing the boxes, we are able to predict where price might head to on the next box after the breakout.

And besides that, we can just trade inside the box just like this:

 

 

Forex trading strategies: Look at the first red arrow in the chart above. That indicates the marking of the low of the box.

So we can expect the next time price reaches the area. We can buy at the area. Which is marked by the white arrow on the second time.

The same follows on the 2nd box.

The red arrow pointing down marks the high of the blue box. So the next time price reaches the high. We can sell it off immediately (as marked by the white arrow)

And we are seeing that happening right now in the latest blue box. Price has hit the bottom of the blue box which has now retraced back up. Therefore we can place a buy order right at the bottom of the blue box to profit from this.

Forex Trading Strategies – Its all about Boxes (Forex Trading Strategies)

 

Do you see the power of this forex trading strategies | strategy?

It is so simple yet powerful.

As i always say, Forex trading can be plain, simple and clear cut. By using simple clear cut strategy just like this box strategy, forex trading will no longer be difficult.

I hope you like this and pls click on the like button and drop a comment below to let me know how you feel.

This is just one of the ways we trade, Check out our Winning Asia Forex Mentor Price Action Forex Course where i teach you the exact FULL Forex Trading System that i personally use.

See you on the other side my friend,

 

Ezekiel Chew

Asia's #1 Forex Mentor

[Stekin]

When the trader is able to make the analysis of the market very well, that is when he or she is going to understand the forex market very well and be able to make profit from trading in it. It is the knowledge that the trader is having about the forex business that is important and that is the reason the trader can be able to make profit.

[surya77]

in real trading you psychology will tested, stress because you money lose in forex trading is generally happen in here. not in here only but in index, commodity or stock you also can same experience.  but dont despair quickly, from here you also can learn and get a good experience for know more about economic, today you get lose..!  but you learn more and change you strategy in you trading, then in next time you earn consistent porfit.

[cmureza]

Thank you

 

So good ,keep it on

[malik]

In the event the trader has the capacity to make the Investigation of the marketplace really effectively, that is when he / she is going to be aware of the forex industry quite properly and be capable of make profit from buying and selling in it. It is the information that the trader is owning regarding the forex business that is important and that's the motive the trader can manage to make gain.
 

[Decub]

It's all about analysis. By making a good trading analysis, we are able to understand the market, predict the points and make profit from it. Forex is all about our understanding of the market,the things we know about it and the way we handle ourselves in the market. Also, our emotions is one other thing that plays a great role in the business as well.