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Smart Price Action Strategy Explained.

1. Smart Price Action Strategy Explained.

Now, we will discuss about pure price action trading. 

1. First of all, we need to find out the major trend of the market. 

A. Up trend ( market is making higher highs and giving proper correction).

B. Down trend ( market is making lowers lows).

C. Sideways. ( market is stuck in a range bound and not making any higher highs or lower lows).

D. Scary mode ( market immediately goes up and down by hitting all other's stop losses).

2. Demand and supply zones.

A. Demand zone ( Support levels, where buyers are interested in buying the stock or contracts).

B. Supply zones ( Resistance levels, where sellers are high and they drag the market to low price).

3. Trend lines.

If market is respecting the trend line for at least 3 times, then it will become weak and surely break the trend line and make re-test then goes up-wards or down-wards according to the market conditions. 

We need to have proper evidence with logic to take the intraday entry and exit. 

1. Market major trend.

2. Supply and demand zones.

3. Trend line breakout or respect.

Note: Always remember no proper setup then no trading.  

Ex:

1. Check the market major trend or structure.

2. Demand and support zones.

3. Market opens and taking support at trend line and opens exactly at demand zone, then we can entry for long until the next resistance level.


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