Price Action Position Strategy Using Charts
XAUUSD Position Trading Using Price Action Strategies
Position Traders hold on to their trades for weeks or months. With the objective of making a big number of pips, 300 - 1,000 pips.
Position traders use the daily chart timeframe.
Price Action Position Trading - Price Action Position Strategy Using Charts
Position traders will use price action and combine it only with moving averages.
Position traders then will open buy or sell trades based on if price action is above the MAs indicators or below the MAs indicators.
Price Action trading only will include use of price action trading techniques that will include Japanese candlestick charts analysis.
Japanese Candles used in Price action XAUUSD
Price Action Position Trading - Price Action Position Strategy Using Charts