Daily Price Action
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Category Archives for Justin Bennett’s Forex Lessons

How to Use Forex Gaps to Your Advantage

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AUDUSD daily forex chart

The beginning of a new year is the perfect time to talk about Forex gaps. A look across the market shows several year-open gaps – some big, some small. However, these aren’t the only gaps you should be paying attention to. Why are gaps so important, you ask? Simply put, gaps can provide you with extra confluence […]

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Weekly Trading Tip: How to Trade Forex Using a Directional Bias

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Forex weekly chart showing descending channel

As price action traders, we tend to overlook the weekly time frame. This is a huge oversight. The weekly time frame can prove to be extremely advantageous when developing a directional bias for a particular market. Have you ever wished there was a way to easily determine a market’s bias? That is, figure out which way a market […]

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10 Reasons Why You Still Aren’t Profitable

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Finding consistent profits in the Forex market is nothing short of a journey, and a long one at that. It’s filled with challenges that will have you questioning whether you have what it takes to become successful. Every trader, successful or not, has experienced these self-defeating thoughts. The market has a funny way of testing our resilience. […]

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How The Forex Market is Smarter Than You

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forex market guy with numbers on his face

And why you shouldn’t care. The Forex market as a whole is smarter than all of us, at least when it comes to trading. The good news is that it doesn’t matter. You don’t need to outsmart the market to enjoy consistent profits. It just isn’t necessary. Why then do so many traders attempt it? Why do […]

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How to “Fine Tune” Your Key Levels

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AUDUSD bullish pin bar on the one hour chart

You probably know by now that the use of key levels in the market is a large part of what makes a Forex trader successful. But how can you be sure that the placement of a level is as accurate as it can be? Should the level be placed at the highs or lows of each candlestick or […]

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