1. Define trends
An uptrend is higher highs and higher lows, and a downtrend is lower highs and lower lows. This is the cornerstone of Price Action analysis, and all PA analysis will revolve around it.
2. Selection of entry and exit points
Based on the above content, the entry and exit points of this strategy are very simple. Most of the time, you enter the market at a low point and stop the loss if it falls below the low point. Short orders will stop at the high point, and short orders will stop at the high point. (See Figure 1 for details) Of course, this is also the simplest entry model, regardless of the small level, it is the most primitive approach. Of course, if your trading skills are good enough, you can cooperate with small levels to better improve the profit-loss ratio.
3. Cooperation with AVAWAP
AVWAP can effectively reveal the average cost of the trend and the low point of the trend. AVWAP specifically sets up as a key low, or the beginning of a trend. (See Figure 2 for details) This tool can be found in the tools that come with TradingView. 4. Conclusion
What I hate most about long-winded people in trading is that their logic is often incorrect, so they need more words to cover it up. Correct, simple and efficient logic brings the best profits.
5. Specific examples of real offers
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