In the last post, we gave you the Price Flip Trading Strategy 17 page PDF that you can download FREE. Before that we gave you the Trend Catcher Trading Strategy 24 page PDF that explains how you can catch the big moves in the market. Now in this post we give you the Macro Level Trading Strategy 15 page PDF that you can also download FREE. You can combine this Macro Level Trading Strategy with the Price Flip Trading Strategy. If you haven’t downloaded the Price Flip Trading Strategy you should do it and then also download the Macro Level Trading Strategy.
Above is a screenshot of the Macro Level Trading Strategy taken from the 15 page PDF. Macro Levels are very important. These are those levels where market had found strong support or resistance last time when price tried to breach them. Market has memory. So when price again visits these levels there is a strong possibility that price will react strongly once again.
Now you never know whether market is going to respect those levels or not. For that you look at the price patterns that form close to those levels. If there is a solid candlestick reversal signal formed near a macro level you can be pretty sure that market is going to respect this level once again this time. You can also combine that Price Flip Trading that we gave you in the last post with this Macro Level Trading Strategy. Look for price flip pattern near a macro level as a signal.
Now these 3 trading strategies that we gave you in the last 3 posts are pure price action based trading strategies. Unlike most other strategies that work sometimes and don’t work most of the time, you will find these price action strategies working in all types of markets. Why? Because price action is universal and markets will also respect price action. You should learn how to read price action and then trade it. In the 15 page PDF Michael Nurok explains the Macro Level Trading Strategy and how you are going to trade it. You will use the daily chart and the weekly chart for finding these Macro Levels.