Forex - Price Action Scalping

: Entering a trade during a brief retracement within a larger trend, using patterns like pin bars or engulfing candles to signal the trend's resumption.

: Highly reliable setups include the Head and Shoulders (83% success rate) and Bull/Bear Flags (approx. 67% success rate). Risk Management & Psychology Bob Volman Trader - sciphilconf.berkeley.edu FOREX PRICE ACTION SCALPING

: Pure price action traders often use "naked" charts. One prominent approach by author Bob Volman recommends a 70-tick chart with only a 20-period Exponential Moving Average (EMA) to gauge immediate trend bias. : Entering a trade during a brief retracement