The Easy Secret Short Break Price Action Set Up For Accurate Trading - Ken Alison PDF
The Easy Secret Short Break Price Action Set Up For Accurate Trading - Ken Alison PDF
The Easy Secret Short Break Price Action Set Up For Accurate Trading - Ken Alison PDF
Introduction
Hello Trader, I would like to say a very big thank you for downloading this
Ebook, am glad you made it here even If you got it free or you bought it
for $199, because the information contained inside is all you need,
especially as a Binary Option Trader to make yourself a living, get out of
dept, help your friends and family and so on.
Everybody, one way or the other might have lost some money to binary
option brokers, Forex brokers, useless tools, signal services, bots and
trading strategies, the truth is nobody wants to tell you the truth, that is,
you don't need all that to make money and most of these so called gurus
haven't even made money from trading themselves, they make their
money from selling you craps, and this is the main reason while I decided
to give out my secret trading strategy free so that you as a trader can test
it, see how it works and apply it to your trading and see real results,
moreover, this is not a get rich-quick scheme or a promise to make you
millions per day, it takes proper understanding of the strategy, right
application and good timing before you can achieve the said 80% Win
Ratio.
➢ Please make sure you read, practices and understand all the
formations before applying it to trading.
➢ Expiry rates, flexibility of trading time and fast payouts matters a lot
in a Binary Option, in this case if you having difficulties choosing a
good broker you can Contact Me for a list of recommended brokers
to trade with, so that getting paid when you make money won't be a
problem. I have made this mistake in the past and I have lost some
fortune to brokers so please do not make this mistake, at the end of
this page, my contact information is written.
Disclaimer
You might have read before now that Binary Options, Forex, Indices
and all form of online trading carries a lot of risk on your capital, that
is true, do not invest all your life savings because you want to make
money, only invest what you can afford to lose and you won't develop
heart attack, run into dept or commit suicide. When investing on a
Broker, read their terms and conditions before considering investing in
Binary Option, in most cases do not accept their bonuses, because the
term and condition surrounding them can seem to be an impossible
goal. Making money is sure thing with my strategy, but it can only
work for you if everything is well understood and applied, Ken Alison
or BinaryTriumph.com will not be held liable for any lose incurred
during investing, if it works for me or others, doesn't necessarily mean
it will work for you, there is no magic inside this ebook to be
performed, and its not a get rich-quick scheme so don't expect to
wake up the next morning with 50 billion in your binary option
account, also because I said its 80% doesn't mean you should put all
your money in one trade, For the strategies to work for you, remove
your greed, apply good money management and understand the
strategy.
What is Price Action? Investopedia says, Price action is the movement of a security's
price. It's is encompassed in technical and chart pattern analysis, which attempt to find
order in the sometimes seemingly random movement of price. Swings (high and low),
tests of resistance and consolidation are some examples of price action.
For my own definition in short I can say Price Action is Price Movement in Action or an
Action that the Price is taking.
When you look at your Metatrader right now, what you are seeing is, Price Taking an
action in a particular timeframe.
Your Profitability level depends on how well you know the next action the price is about
taking and this is where, Price Action analysis and support/resistance come in.
In this ebook, we are going to see some Formations that are triggered at Support and
Resistance lines and these formations will determines the next price action move, either
upward or downward, we are going to learn how to draw real support and resistance lines
and without having to applying any indicator, we are going to know the direction where
price is heading.
In Plotting our Price Action Lines, there are some certain criteria that has to be met before
taking our trades, which are,
1. There must be a Matching Top or Bottom. Japanese candlestick pattern call this a
Tweezer, this a situation where by the candlestick top or bottom are equal at
reversal
2. There must be an Engulfing. An engulfing is referred to as when the new
candlestick covers the previous.
3. The Candlestick engulfed must have a long wick than body
Now that we have known the criteria lets look at how to place a valid trade.
1. We place a line on the Matching top or bottom as seen in the image above
2. We Draw the line 10 candlesticks forward( This might be challenging for new
formations because there is no candlestick forward, but you should be able to use the
same length of a past traded line drawn to apply in a new formation.)
3. We Draw the line back to the highest/lowest candlestick before the reversal was
made( Maximum of 14 candlesticks back)
1. On the Toolbar in MT5 click on the Cross hair icon and match the tops and bottom
to make sure they match
3. Draw the line on where you spotted the candlestick 8 candlesticks to the front
And then...
If you like this E-Book or you made some good money and decides to write me a
testimonial, do not forget to drop comments on my YouTube Videos or send me a mail
to ken.BinaryTriumph@gmail.com or ken@binarytriumph.com. If you have questions or
need help, you can contact me with my skype ID, ken.alison_ am available on the
messenger 24/7.
Account Management:
I do account management with Daily profits of up to 30%, this means that if you have
me manage your account, say your initial deposit was 200 USD, at the end of the day it
You can sign up with any of the brokers am currently working with by clicking on any of
the logos below
Signal Services:
Are you looking for reliable signals to sky rocket your account? Then you have my
signals sent to you daily on Skype or email, this option is available for the lazy traders
who are looking to profit from trading by having me do the hard work and send you the
trades, the strategies I use is what you downloaded, in this case you are saying Ken, help
me do the analysis and send me the trade signals, and I will be happy to do that also.
Warmest Regards,
Ken Alison
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