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Price action trading is like surfing. You wait for a wave then ride it as far as you can. Momentum and volatility are important. No one knows for sure where the price will go. Set your take profit target and stop loss based on your Risk reward ratio and off ya go. Peaks are where the sellers are...

Cut your losses, let your profits run :)

Hi, i am a currency trader based offshore outside the UK and make a decent living trading my own funds. I am considering returning to the UK and would like to know which is the best/cost effective way to continue trading. I mean should i continue trading as an individual or should i look to set...