The Winning Strategy

A hero’s core characteristic is taking calculated risks! You must team up with a proficient Forex trading company in India to own a sparkling profession in FOREX trading!. Thousands of trading brokers are buzzing around the market like bees! Finding the appropriate broker that can easily double your investment enormously is unavoidable! Fido Markets, for example, has a plethora of forex trading experience and expertise.

Analyzing Capability

Following and studying the fluctuation of currency value is an essential factor of Forex trading! Forex Company that systematically approaches forex trading are more victorious in increasing the profit of its customers! Out of many international brokerage firms, Fido Markets is the specialist Forex trading company in India! With a microscopic vision, they precisely examine and execute trading and have obtained profit for numerous traders! Fido markets focus on every minute price fluctuations, political changes, and several other factors to devise a winning strategy that aids the clients with maximum profit and security.

Technological expertise

Modern technology is a thriving market brimming with innovative and rewarding products as well as new learning opportunities. These days, technology has made it much easier to break and leverage the power of trading. There are numerous current tools available to help you achieve your goal. Fido Markets provides cutting-edge technology such as MT4 and trading central to ensure a smooth trading experience. Fido Markets operates based on the needs of the trader!

Money is referred to as currency in the modern world. Until a few centuries ago, the terms Money and Currency had vastly different meanings. The world was on a policy known as the gold standard until there was a monetary system such as the one we have today. We gradually evolved into various modes of trading, and now forex trading rules the world! Forex has transformed the lives of many ordinary people into something unimaginable and massive! Several trading platforms have emerged to make trading easier. Finding the Best Forex trading company in India is critical for success!

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Price action strategies use technical analysis of recent price fluctuations and movements within current market conditions to find opportunities, rather than simply relying on different technical indicators from the simple moving average to the more advanced Bollinger Bands.

The price movement is represented in the form of “bars” in forex charts. Forex traders study the natural or raw movement of currency pairs over a certain time frame and try to identify the best times to either buy a particular currency pair, or to sell it.

The currency market is highly volatile. It is prone to various factors such as news items, government reports, etc. which affect the buying and selling prices of currencies. For those that engage in forex trading, it is next to impossible to study all these factors independently to determine either support or resistance areas, or other significant trading points before carrying out a trade since it can become both very complicated and time consuming

Forex charts show the price movement of currency pairs. Rather than focusing upon all the factors responsible for its movement, it shows the net result of how these combined factors, have affected a currency pair over time.

Day traders can reduce trading complexity and save a lot of time and efforts by studying the price movements of currencies in charts.

How to use price action trading strategies in the Forex market

Price action strategies can be used to analyse price action patterns in any of the financial markets. However, it is ideally recommended for forex markets owing to their volatility, creating clear swing highs and lows. Even though graph indicators are very useful for understanding the price movements, they should be stripped off from the graph so only the price bars remain. It often makes the graph much more easy to understand. Forex traders can avail important insights at a glance by studying such graphs. They can use their findings to determine the best times to leave and re-enter the markets during their day trading sessions, and set appropriate and effective stop losses for long term trades.

Simple graph without indicators		Graph with indicators
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What are price action trading setups?

Using a raw price chart, one can find the best time to trade by using price action setups. There are a number of price action trading setups including Retracement setups, Reversal setups, Range-bound setups, and Break-out setups. These are considered the main 4 kinds of setups.

Are price action trading strategies included in Platinum’s Trading Courses?

Our courses cover an incredible number of forex trading strategies, including of course, price action strategies. You will be taken through the most sophisticated and comprehensive trading education packages available in the world, enabling you to trade with the confidence and surety required of a professional and successful forex trader.

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