Thread: Price action trading - Trade like the pros!

Originally Posted by ;

Dollar looking like it needs to go higher from the 88.90 degree. Macrotrend remains bearish, but intraday/short expression TFs pointing to a change in market structure. picture picture

I think this week are the dollar's week, there are a lot of retracements happening (EURUSD, GBPUSD, AUDUSD...) may not be reversals from the Primary fad but they contribute to the dollar going up this week

New trader . Really like the videos Wdays job describing the concepts. Market Structure seems a little difficult to see so can anyone tell me if I am on the ideal track?
See attached image.
Thanks.

Originally Posted by ;

New trader here. Really like the movies Wdays, great job explaining the concepts. Market Structure seems somewhat difficult to see so can anybody tell me if I am on the ideal path? See attached image. Thanks. picture

Yes, except you are looking at a 5m chart. And should you zoomed out, you'd see that this whole structure is part of a consolidation. But generally speakng, whenever range tightens we can shortly expect a growth.