Are you ready to learn easy scalping strategies with price action trading? This support resistance flip trading method is extremely useful for cryptocurrencies, forex, commodities, and index futures.
00:00 Intro 00:28 FREE PRICE ACTION COURSE 00:44 Disclaimer 00:56 TOP DOWN ANALYSIS (Major Trends and Global Conditions) 03:21 MID-TIME FRAME ANALYSIS (Finding Support Resistance Flips with Breaker Blocks) 08:05 LOW TIME FRAME ANALYSIS (Best Entry, Best Stop-Loss, Best Targets)
TRADING TIPS: Without a balanced price, there cannot be healthy price action. It is the same with real-life shopping. Which imbalance is going to be filled? We do not care about that. We only care, about how it reacts after it is filled! (Micro MSB).
TRADING TIPS: Trading is a subjective profession. One trader sees a LONG, one another sees a SHORT. Every trader has different methods to identify OB, MSB, and BB with the different candlesticks. It is like RSI, what is the oversold 5,10,15,20,30? All subjective. So you should watch everyone, read every document, do not stick with me, and reach all different knowledge that you can.
TRADING TIPS: Is Weak MSB/BOS Valid? Theoretically, yes. However, it reduces your success rate. Do I use it? Sometimes, if see multiple other confirmations. Do I like it? Not at all. Because it may turn to SFP (Swing Failure Pattern)
TRADING TIPS: You should keep checking S/R Flips (Support/Resistance or Supply/Demand Flips). These are great key levels and extra confirmations for your entries.
TRADING TIPS: Imbalances could be fully filled and move out of boundaries, or just fully filled, or even partially filled before reactions. It is best to confirm at least a little tap before entries or find micro MSB in low-time frames. There are always imbalances that you do not see that could be filling 1 min or 1 week.