Forex scalping trading with pafx - Price Action Forex

All About Forex Price Action Trading

Trading Forex doesn't have to be complicated. In fact, it's best to keep things as simple as possible. That's why price action trading was a great fit for me and is becoming more popular every day. This community exists to discuss Forex price action trading to include, price action strategies, key market levels, trade setups or anything else related to price action trading. Feel free to join the conversation!
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Daytrading: Information for your everyday trader

Daytrading futures, forex, stocks, etc.
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Price Action Trading

A support group for those adhering to the Price Action trading philosophy without indicators, primarily focused on FOREX markets.
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I have students of all races and all around the world. Many of us want to take action but aren't sure what to do. Lets start with building wealth to help level the playing field. Join my one on one Forex class to learn how to trade the market yourself.

I have students of all races and all around the world. Many of us want to take action but aren't sure what to do. Lets start with building wealth to help level the playing field. Join my one on one Forex class to learn how to trade the market yourself. submitted by Teri_Ijeoma to u/Teri_Ijeoma [link] [comments]

Not sure what action to take regarding Chinese Forex scam

Hi, I'm usually a lurker on Reddit but I created this throwaway account to ask for any advice and also warn people of this scam.
I'm 99% sure my uncle fell into what I think is very clearly a Forex scam. Now our family is in deep financial troubles. We will need to liquidate all of our assets (including our home, which we live together) to pay off our debts. How it happened:
About a year ago, my uncle is approached on LinkedIn by a women claiming to know the secrets to Forex trading. She claims to be from Hong Kong and sends him several screenshots of her very successful trade and claims she makes millions and also lives an incredibly lavish lifestyle. She tells my uncle to install a 3rd party version of MetaTrader4 to get started. Of course, this gets his attention and he downloads the app and starts taking her advice and plays with the paper money. He makes some really great gains on paper and eventually she pushes him to put in real money.
He then comes to me at the beginning to ask my opinion of this situation.
So I did some initial research and I could not find ANY information about this woman's company and her existence. She literally has less than 10 connections on LinkedIn. I also noted that it was sketchy to download a 3rd party version of this app when a version of it already exists in the App Store. I also reversed image searched her profile pictures but I wasn't able to get any concrete proof she was a scammer.
I tell him that this is most likely a scam based on what I found and his paper money gains on Forex are incredulous and that even pros don't make that much money (He and I have some retail experience trading equities, so we are familiar with the basics).
I don't want him feeling down so I let him know that if he wants to try it maybe he should put in money that he can afford to lose...
Come about half a year later, my uncle confesses that he has all of his savings and on MARGIN into this "forex broker" and that he has been unable to withdraw any money from his account. Each time he doubles his money through trading, he would make another wire transfer to add money to this trading account.
He also tells me each time he tried withdrawing money, the broker requires a lump sum wire transfer of 100k to ensure the right channels are "secured" for him to transfer the money without being targeted by something among the likes of a Hong Kong Security Law. Of course, he gets convinced to make the wire transfer thinking that the gains he makes from the trades offsets this loss...
I should mention that when he calls the "head trader" at this Hong Kong forex firm, it's a young man who speaks Mandarin..
Also I should mention each wire deposit goes to a different account.
Sorry if my writing and organization isn't the best... honestly I am still so shook from writing this... I've convinced my uncle that he should not expect to get any money back from these guys. Our current financial situation is pretty f**ked as I said earlier and we will lose our homes for this. Do you guys have any advice or paths forward we should take? I'm thinking of taking this to a higher authority in Hong Kong but also we don't want to scare the scammer away. We really don't have anything on this scammer as he communicates with us through WeChat. He never answers our calls, and only calls us when we try to withdraw the money.
I appreciate any advice you guys could give me, and I'll be able to answer any question as I may have missed a couple details..
submitted by throwaway920911 to Scams [link] [comments]

Not sure what action to take regarding Chinese Forex scam

Hi, I'm usually a lurker on Reddit but I created this throwaway account to ask for any advice and also warn people of this scam.
I'm 99% sure my uncle fell into what I think is very clearly a Forex scam. Now our family is in deep financial troubles. We will need to liquidate all of our assets (including our home, which we live together) to pay off our debts. How it happened:
About a year ago, my uncle is approached on LinkedIn by a women claiming to know the secrets to Forex trading. She claims to be from Hong Kong and sends him several screenshots of her very successful trade and claims she makes millions and also lives an incredibly lavish lifestyle. She tells my uncle to install a 3rd party version of MetaTrader4 to get started. Of course, this gets his attention and he downloads the app and starts taking her advice and plays with the paper money. He makes some really great gains on paper and eventually she pushes him to put in real money.
He then comes to me at the beginning to ask my opinion of this situation.
So I did some initial research and I could not find ANY information about this woman's company and her existence. She literally has less than 10 connections on LinkedIn. I also noted that it was sketchy to download a 3rd party version of this app when a version of it already exists in the App Store. I also reversed image searched her profile pictures but I wasn't able to get any concrete proof she was a scammer.
I tell him that this is most likely a scam based on what I found and his paper money gains on Forex are incredulous and that even pros don't make that much money (He and I have some retail experience trading equities, so we are familiar with the basics).
I don't want him feeling down so I let him know that if he wants to try it maybe he should put in money that he can afford to lose...
Come about half a year later, my uncle confesses that he has all of his savings and on MARGIN into this "forex broker" and that he has been unable to withdraw any money from his account. Each time he doubles his money through trading, he would make another wire transfer to add money to this trading account.
He also tells me each time he tried withdrawing money, the broker requires a lump sum wire transfer of 100k to ensure the right channels are "secured" for him to transfer the money without being targeted by something among the likes of a Hong Kong Security Law. Of course, he gets convinced to make the wire transfer thinking that the gains he makes from the trades offsets this loss...
I should mention that when he calls the "head trader" at this Hong Kong forex firm, it's a young man who speaks Mandarin..
Also I should mention each wire deposit goes to a different account.
Sorry if my writing and organization isn't the best... honestly I am still so shook from writing this... I've convinced my uncle that he should not expect to get any money back from these guys. Our current financial situation is pretty f**ked as I said earlier and we will lose our homes for this. Do you guys have any advice or paths forward we should take? I'm thinking of taking this to a higher authority in Hong Kong but also we don't want to scare the scammer away. We really don't have anything on this scammer as he communicates with us through WeChat. He never answers our calls, and only calls us when we try to withdraw the money.
I appreciate any advice you guys could give me, and I'll be able to answer any question as I may have missed a couple details..
submitted by throwaway920911 to personalfinance [link] [comments]

So I just wrote down an ebook on Forex price action. It's free! But I'm scared people might use it to rip people off.

I don't mind it being shared, I wrote it in order to help people grow and learn new things. What I'm worried about is that someone might plagiarize it and start charging for it. It already has a link to buy me a coffee, but I don't see anything that could prevent just deleting that with paint, reuploading and selling for like 20 bucks lol.
What steps can i take? And if it happens, how would a lawsuit follow?
submitted by Siratla_Truth_Seeker to legaladvice [link] [comments]

The Fed Spoke Today / Bitcoin & Forex Prices Action Due to Fed

The Fed Spoke Today / Bitcoin & Forex Prices Action Due to Fed submitted by uixnetwork to u/uixnetwork [link] [comments]

David Begnaud: Puerto Rico’s Health Secretary is vowing to make these people “pay for their actions”. What happened? “Traders”, many of whom are tourists, from ‘Forex’ held a party on the island, violating the Governor’s executive order to wear a mask & social distance

David Begnaud: Puerto Rico’s Health Secretary is vowing to make these people “pay for their actions”. What happened? “Traders”, many of whom are tourists, from ‘Forex’ held a party on the island, violating the Governor’s executive order to wear a mask & social distance submitted by TweetArchiveBot to TweetArchiver [link] [comments]

What to look for in a good Forex broker? | Action Forex

What to look for in a good Forex broker? | Action Forex submitted by moneyshouters to u/moneyshouters [link] [comments]

What to look for in a good Forex broker? | Action Forex

What to look for in a good Forex broker? | Action Forex submitted by moneyshouters to u/moneyshouters [link] [comments]

For all the traders that just focus on price action, there’s so much more to forex trading.

For all the traders that just focus on price action, there’s so much more to forex trading. submitted by 19ForexPlayer to Forex [link] [comments]

UK Q3 GDP finalized at 0.4%, upward revisions to all three main industries | Action Forex

UK Q3 GDP finalized at 0.4%, upward revisions to all three main industries | Action Forex submitted by MinuteNoodles to unitedkingdom [link] [comments]

For all the traders that just focus on price action, there’s so much more to forex trading.

For all the traders that just focus on price action, there’s so much more to forex trading. submitted by fxjetske to u/fxjetske [link] [comments]

UK Q3 GDP finalized at 0.4%, upward revisions to all three main industries | Action Forex

UK Q3 GDP finalized at 0.4%, upward revisions to all three main industries | Action Forex submitted by REDISCOM to GreaterBritain [link] [comments]

@AlphaexCapital : Check out 55 Top Trading Tips: The Ultimate Top Trading Tips With Actionable Steps by @alphatsignals. Click here to read: https://t.co/7H7OrluLid. #forex #trading #tradingsignals #crypto #bitcoin https://t.co/X2vwfafrj8

submitted by AlphaexCapital to AlphaexCapital [link] [comments]

@AlphaexCapital : Check out 55 Top Trading Tips: The Ultimate Top Trading Tips With Actionable Steps by @alphatsignals. Click here to read: https://t.co/1exkIF7NLt. #forex #trading #tradingsignals #crypto #bitcoin https://t.co/ziJGKITFht

submitted by AlphaexCapital to AlphaexCapital [link] [comments]

@AlphaexCapital : Cable near-term price action mirrors the Brexit "pause", what to look out for next? https://t.co/TVpFe6xBxW #forex #forextrading #investing

submitted by AlphaexCapital to AlphaexCapital [link] [comments]

For all the traders that just focus on price action, there’s so much more to forex trading.

For all the traders that just focus on price action, there’s so much more to forex trading. submitted by YeDboiii to u/YeDboiii [link] [comments]

@AlphaexCapital : EUR/CHF near 1.10 means that the SNB is likely to take action sooner rather than later https://t.co/gLU1Q5CGwp #forex #forextrading #investing

submitted by AlphaexCapital to AlphaexCapital [link] [comments]

How will the new changes to Volcker Rule affect forex markets and price-action trading?? The change will allow more prop trading by banks and greater market making activities...but what specifically, idk.

How will the new changes to Volcker Rule affect forex markets and price-action trading?? The change will allow more prop trading by banks and greater market making activities...but what specifically, idk. submitted by LeeroyEleven to Forex [link] [comments]

Pakistan Orders Action Against Forex Firms As Currency Slides to Record Low

Pakistan Orders Action Against Forex Firms As Currency Slides to Record Low submitted by thefeedbot to TheNewsFeed [link] [comments]

Pakistan Orders Action Against Forex Firms As Currency Slides to Record Low

Pakistan Orders Action Against Forex Firms As Currency Slides to Record Low submitted by rotoreuters to betternews [link] [comments]

UK retail sales grew gain in April, but Brexit uncertainty continues to drag on consumer confidence | Action Forex

submitted by Your__Mum__ to ukpolitics [link] [comments]

Liked on YouTube: how to price a binary option - price action forex binary options

Liked on YouTube: how to price a binary option - price action forex binary options submitted by TradingStrategys to TopTradingStrategys [link] [comments]

Forex Price Action - YouTube Best Forex Trading Strategy: Powerful Price Action Entry ... 95% Winning Forex Trading Formula - Beat The Market Maker📈 FOREX HOW TO GROW A SMALL ACCOUNT PART 1  FOREX TRADING ... Best Forex Price Action Trading Strategy That Will Change ...

PriceAction Forex believes in quality, not quantity. So, we don’t have many brokers in our list. We made a list of reliable Forex brokers who have been in the market for many years and have a decent track record. Some of them are new in the market but they have been providing better services to customers than those who are serving the customers for 6-7 years. Live Forex Analysis, Currency Rates, Economic Calendar, Technical Forecast, Fundamental News, Free Trading Signals. Best. USD Dollar, EUR Euro, JPY Yen, GBP Pound ... Therefore, this is where price action Forex indicators come into play. Furthermore, price action trading encompasses price action strategies from key levels in the market. Sometimes you do not need to create a complex Forex strategy - a plain price chart and some common sense can be enough. Additionally, by combining price action setups with hot points in the market, such as core support and ... Action Bias - Live Forex Technical Indicator for Trend Prediction and Forecast, Best for Beginners and Advanced Traders. Upside momentum, downside momentum. - USD ... Im obigen Price Action Forex Chart des GBPUSD gibt es zwei Beispiele für ein Hammer Muster, beide hervorgehoben durch die gelben Boxen. Die Analyse von Open, Close, Hoch- und Tiefkurs suggeriert, dass eine weitere Bewegung nach oben wahrscheinlich ist. In diesem Beispiel erfüllte sich diese Erwartung - der Kurs stieg nach der Formierung besagter Kerzen. Das wird nicht immer der Fall sein ... The Volatile Action Metatrader 4 Forex Robot is an algorithmic trading software that considers a market trend as being made up of impulse and correction waves. Impulse waves are said to be characterized by high volatility of bars and they tend to move rapidly towards the prevalent trend. The idea is to jump into the market at the beginning of the impulse wave. Seemingly, the Volatile Action ... My preferred trading style is price action/candle stick patterns as it makes the most sense to me. I’ve read pretty much all of Steve Nison’s content. I then came across Walter Peters book the Naked Forex and was instantly hooked. His rules were clear which made it easy to identify certain patterns. My problem was is that I would have to sit there and check each bar if the criteria had ... With the new PAFX SCALP, make big profit in forex using the most accurate forex scalping signals. Scalping is an operational strategy of Day Trading, executed in the financial markets. The purpose of Scalping is to profit from short, fast, and sequential movements (which happen during a trading session) such are quick, accurate operations in a few seconds. Price Action Forex Trading. As price action trading involves the analysis of all the buyers and sellers active in the market, it can be used on any financial market there is. This includes forex, stock indices, stocks and shares, commodities and bonds. You can view instruments within all these markets on candlestick charts and, therefore ... Forex Action Forex Action threshold Strategy is non-repaint strategy. Best time frames are 1 hour or higher. Buy Rules:Enter to trade when appearing Green dot and White dot. At that time, price candle should be changed to green colour. Place stop loss for lower low level or nearest support level ...

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Forex Price Action - YouTube

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