Price Action Strategy TRUTH and HOW to get 70 percent WIN RATE in Trading - Forex Day Trading

Price Action Strategy Truth and How to get 70 percent Win Rate with Trend Trading Strategies in Forex and Stock Market
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Do you want to make money in trading? Do you want a high win rate trading strategy? Well, you are at the right place, because at the end of this video, you will look at trading in a different way, and if you follow everything mentioned in this video, you can have a very high win rate in trading. Remember to watch other strategy videos on the Trading Rush, because some of them have a high win rate already even with a 1.5 to 1 reward risk ratio. In this video, you will see how to increase that win rate even more.

To learn how to get a profitable win rate, let's look at a theory. Let's say there is bill the first and bill the second. Bill the first is looking to buy an apple, so he goes to bill the second who is selling some apples. On the first day, the price of an apple is 8 dollars. Bill the first sees this and remembers, that the price of an apple was 3 dollars just yesterday. 8 dollars for an apple is way too much compared to yesterday's price. Bill the first was going to buy an apple for 8 dollars, but suddenly, this new information is affecting his decision. When Bill the second says, the price in the morning was as high as 10 dollars, and asks if he wants to buy an apple for 8 dollars which is much cheaper? Bill the first says no thanks, because they are overpriced. He will come back later when the price is fair.

So he goes home, watches some Trading Rush videos, and comes back, only to realize that the price of an apple is gone up. One apple is trading for 20 dollars. Bill the first says "man I should have bought it when the price was low". Suddenly, a 10 dollars apple that was overpriced just yesterday, is now a great deal. Bill the second says, don't wait, buy them now, who knows if the price will go higher or lower. Bill the first says no thanks, because they are overpriced. He will come back later when the price is fair.

On the third day, prices are down, and an apple is selling for 10 dollars. On the first day, Bill the first thought 10 dollars was very high and the price wouldn't go higher. On the second day when the price did go higher, the 10 dollars price tag was suddenly cheaper. Now that the apple is trading for 10 dollars, Bill the first is really happy and is willing to buy the apples at 10 dollars without a second thought. He thinks that he is getting a better deal right now, because the price was as high as 20 dollars, and who knows if he will get a better deal ever again.

Now If you plot the prices of apples using a candlestick chart, you will notice that it looks very similar to an up trending forex or stock market chart. Every time the price made a new swing high, the price was overpriced for Bill the first. And when the price came down from 20 dollars to 10 dollars, Bill the first felt like he was getting a 50 percent discount. In the real world, people like discounts on most products, but in the forex and stock market, many beginner traders buy when the price is at the top of the trend. Many don't buy stocks like they buy other products. Stocks don't always go to the moon, in other words, stonks don't always go up. 

But there are people who think like Bill the first, and they will patiently wait for the price to give a discount. If you have been trading for a while, you might have heard someone say "buy the dip". It basically means buying an asset after a decline in price. If you had purchased the dips this year during the market crash, you would have gotten some major discounts and would be sitting with some profit. Lets look at an example. Here is a real chart of a stock, and as you can see price is in an uptrend. It is very similar to the chart of the apple prices we saw earlier. It's like the price went from 3 to 10 dollars, then 8 to 20 dollars. And when the price came back down to the previous swing high, many people bought the stock as it looked like a big discount...

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