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Pro Price Action Trading Tips Series – Part 1
Welcome to a new Price Action Trading series and Part 1 – The opening flush and drive.
The Series is aimed at giving you some tips and tricks to look out for when trading that will provide you with more opportunity and hopefully keep you out of trouble.
I will be adding to the series each week with tips to make your day trading more affective whether you scalp on the short term timeframes or swing trade intraday.
In the Part 1 below, I talk through the idea behind the opening ‘flush and drive’ that you observe on the open of stock market indexes such as the Hang Seng, DAX, DOW and the Nasdaq amongst others.
Hope you enjoy!!
Braden
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Disclaimer: the contents of this post are presented for informational purposes only. They should not be viewed as investment advice, nor a solicitation to buy or sell any financial securities. Investments in financial products are subject to market risk. Some financial products, such as currency exchange, futures, contracts for difference, options and warrants are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. Trading currency exchange, futures, contracts for difference, stocks, shares, options and warrants on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in currency exchange, futures, contracts for difference, options, stocks, shares and warrants you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with currency exchange, futures, contracts for difference, options, stocks, shares and warrants trading, and seek advice from an independent financial advisor if you have any doubts.