Learn Price Action for Binary Options - Price Action Visualization Exercise
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Learn Price Action for Binary Options - Price Action Visualization Exercise
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I suddenly had this random idea to do a "Price Action Visualization Exercise" video like this, and figured it could help traders to learn price action for binary options or even forex or other equity markets where where are charts to read. In my years of teaching and sharing ideas on ways to better trade binary options, I noticed an issue that many traders struggled on what to look out for in price action trading.
Therefore I figured, that what better way to make these visual notes, right from our mind's eye.
The word "Remember" can be separated into "Re-Member" and that shows just how our mind assembles slips of thoughts into usable knowledge - and this may or may not always be on point.
Join me with your pen or pencil, sheets of paper and an eraser perhaps, and lets draw out some price action so that we can compare with what's real and on the binary option brokers, trading view charts, or mt4 charts and see just how correct is what we understood.
00:00 INTRO
01:30 Try Drawing Some CandleSticks
03:05 Try Drawing A Line Chart
04:20 Were There Economic News Events That Could Justify This Price Action
04:50 Was There Any Other Chart That Had a Price Action Correlation At That Time? Try To Recreate It
05:10 The Importance of Referencing Back To Live Price Charts
05:40 Try Drawing Price Indicators On Your Price Chart Sketches To See How Much You Understand Them
09:40 Draw Your Most Commonly Used or Favorite Price Action Trading Setups
11:45 How Our Memory Works and How "Remember" Could Really Be "Re-Member"
14:10 Studying Your Favorite Winning Trading Price Action Setups
15:00 Revisiting Your Dreaded Losing Trade Price Action Setups
17:30 Further Practice - Try To Visualise and Draw Different Popular Trading Indicators That You Like to Use
18:50 END
Have a watch!
Join My FREE Email Course "How To Earn CONSISTENT Profits In Binary Options": https://thebinarylab.gr8.com/
Get your FREE practice account!
https://po.cash/smart/dSpPxHiDwKoUmv (pocketoption)
https://affiliate.iqbroker.com/redir/... (iqoption)
NEW https://qtxbrk.com/sign-up/fast/?lid=... (quotex)
#binaryoptions #priceaction #iqoption #pocketoption #quotex #priceactiontrading
Originally posted at : • Learn Price Action for Binary Options - Pr...