[Upgrade] 10 Price Action Trading Strategies (6 to 10)-english

6* Two-legged Pullback to Moving Average (M2B, M2S): This strategy identifies the two-legged pullback to the moving average as one of the best trade setups when there is a strong trend.
* Long Trading Setup – M2B:
1. Strong uptrend.
2. Two-legged pullback down to the 20-period EMA.
3. Enter a tick above the bar that tested the 20-period EMA.
* Short Trading Setup – M2S:
1. Strong downtrend.
2. Two-legged pullback up to the 20-period EMA.
3. Enter a tick below the bar that tested the 20-period EMA.
7* Candlestick and Pivot Point Day Trading Strategy: This strategy uses Japanese candlesticks combined with pivot points for confirmation.
* Long Trading Strategy:
1. Doji at a support level.
2. Buy on close of high close doji.
* Short Trading Strategy:
1. Doji at a resistance level.
2. Sell on close of low close doji.
8* Trading The Engulfing Candlestick Pattern With Market Structure: This strategy uses the engulfing candlestick pattern to trade trend continuations with market structure (the relationship between swing highs and lows) used to confirm the trend.
* Bullish Engulfing:
1. Higher swing high and higher swing low.
2. Buy with a bullish engulfing candlestick pattern.
3. High of pattern must stay below the previous swing high.
* Bearish Engulfing:
1. Lower swing high and lower swing low.
2. Sell with a bearish engulfing candlestick pattern.
3. Low of pattern must stay above the previous swing low.
9* Hikkake Trade Setup: This strategy seeks to profit from false breakouts using the Hikkake pattern. Hikkake means trap, trick, or ensnare.
* Rules for Long Hikkake:
1. An inside bar.
2. The next bar has a lower high and lower low.
3. Place a buy order at the high of the original inside bar for the next three bars.
4. Cancel the order if not triggered after three bars.
* Rules for Short Hikkake:
1. An inside bar.
2. The next bar has a higher high and higher low.
3. Place a sell order at the low of the original inside bar for the next three bars.
4. Cancel the order if not triggered after three bars.
10* Capture High Profits with Low Volume Pullback Trading Strategy: This strategy uses low volume during trend pullbacks to identify entry points. The idea is to fade low-volume counter-trend moves.
* Long Trading Setup:
1. The price is above the 20-period simple moving average (SMA).
2. The price breaks above the last swing high with higher volume.
3. The price falls with lower volume.
4. Buy a tick above the next bullish bar.
* Short Trading Setup:
1. The price is below the 20-period SMA.
2. The price breaks below the last swing low with higher volume.
3. The price rises with lower volume.
4. Sell a tick below the next bearish bar.