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Price action trading is a simple and enjoyable way to trade the forex markets. You do not need to sit at a computer all day to profit in the forex markets. Simple price action strategies can be learned by anyone.
Forget day trading forex, spend less than an hour a day and trade daily charts with price action. Keep your job and use forex as an income boost.
If you are fed up of trying to make money in forex with trading systems, why not have a look a trading naked price action charts, and in particular daily pin bar setups, which are very profitable when you learn how to trade them.
Most traders believe that being a good technical analyst will make them a successful trader. Although this is of benifit, it is not nearly as important a self analysis, in other words looking at yourself as a trader and reading your own psychology.
A forex trading plan is an essential component to the traders success. Without a set of rules to abide by the trader has the freedom to do serious harm to their account.
Pin bars are a very simple way to trade forex, they are my primary setup which I use to profit from the markets. Pin bars are simple yet very effective.
Price action forex trading involves analysing price in order to make informed trading decisions. I believe any one can become a profitable trader with these simple techniques.
If you are looking for a simple short term trading strategy that works, why not take a look at price action forex trading. You dont have to be a genius to trade, just a desire to win and common sense. I believe anyone can be profitable with price action.
Daily charts are seldom looked at by new traders, the lure of quick profits and excitement takes them right down to the one minute chart and they spend all day at a screen. There are better things to do all day than watch charts, and price action trading on the daily charts will allow you to do just this.
Writing a forex trading plan may be a bit daunting for you, so here I have provided a template that you can work from to develop yours.

