A nice bearish rejection reversal candle formed here on the AUDNZD. This was against momentum so we had to play this one like a counter trend price action trade.
In this video, I walk you though the trade setup and demonstrate to you how I built value into this trade – giving me the reasoning I needed to get short here.
This is a from trade open to close tutorial, I step though the entry, stop loss and targets. I talk about potential ‘trouble areas’ for this trade and show you the trade result.
I hope you enjoy the video, and gain something from it.
Best of luck on the charts!
Thanks Dale, These types of videos are gold. Keep them coming.
thanks..
hi dale
awsoom
i folowing you for while and i realy like your trade strategy.
i was woundering if i can practice those price action on 1 min chart as well or not?
are those rules the same as 1 min candels stickes or not?
thanks again .