The price action strategy allows a defense plan based on hedging. When taking a loss is late then traders have no option but to hedge. However, certain platforms do not allow you to open two opposite trades in an instrument. In those cases that the trader has no options to get out of an order he or she has to decide quickly. In this seminar we will see how it is possible to identify the expiration of an order in intraday scalping. This path will free you from using heading in case the broker does not allow you.
Topics:
- Introduction to price action
- Heading
- Psychological prices
- Expiration or an order vs. stop loss
- Loss taking
Karina FabiCo-Founder of "Watch My Trading", the first Spanish-language platform for real-time currency trading with macroeconomic data scenarios. Specialist in intraday trading in currencies, commodities and indices. She began her trading career with Price Action from her hedge fund experience in New York City in 2008.