EURUSD Forex Price Action Strategy

Today I look at using the volume indicator and market structure to identify levels of support and resistance where market participants have been most active. For anyone to sell you need a buyer and generally, traders will build positions around certain levels. If you can identify where the buyers have previously created levels of support and vice versa where sellers have formed areas of resistance, these price levels can give good zones to pick trades from and too. Where there is an area of balance a certain amount of chop will occur, so I prefer to trade a break and retest of these zones with the aim of holding for the continuation.

For more trading details, please check the hyperlinks with time stamp indicated from the video:

0:37 EUR/USD