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!

 

3 Comments...

  1. default avatar

    ali

    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 .

    Reply to ali

  2. default avatar

    dhann

    thanks..

    Reply to dhann

  3. default avatar

    FXMike

    Thanks Dale, These types of videos are gold. Keep them coming.

    Reply to FXMike

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