How We Started

The journey into Forex trading started 2009 with little or no knowledge of the market. i was so exited to place my first trade.

Like all beginner  journey  in any field of endeavour, it was rough and tough

I blew up several accounts with reckless abandon, zeal without knowledge. Forex trading will test your being , it is one of the most difficult skill to master because market is not mechanical and it keeps changing. You either adapt or die. 

The school of hard knocks is where you will develop experience and gut feel. Trading is strictly a game of probability, certainty is a myth.

This website was borne out of unmatched passion and dedication of helping aspiring traders. Be prepare for the journey, and remember there are no guarantee. if you can master Price Action, you have a fighting chance of trading the market successfully.

Our core Strategies are based on using data produced by price action .rice
Action Trading (P.A.T.) is the discipline of making all of your trading decisions from a stripped down or “naked” price chart. This means no lagging indicators outside of maybe a couple moving averages to help identify dynamic support and resistance areas and trend. All financial markets generate data about the movement of the price of a market over varying periods of time; this data is displayed on price chat Price charts reflect the beliefs and actions of all participants (human or computer) trading a market during a specified period of time and these beliefs are portrayed on a market’s price chart in the form of “price action” (P.A.).

Strategies

Tradeforextraps focuses on  Price Action Strategies.

Market Conditions

It is a long  established fact that market do not  move in a straight lines, The ebbs and flow of the market always give rise to different conditions that will aids our analysis.

Trending conditions

Ranging conditions

Chopping conditions

Swing Levels
The ebbs and flows of the market produces different swing levels which serves as Support and resistance at the long run.
The market never forget these levels and they serves as a focal point where will look for Price Action pattern that will clue  us into taken decision to buy or sell.
These levels always serves as a confluence areas where will look for signals
Signals
These are Price Action patterns that must be formed within or around the swing levels in a given market conditions. 
They are formed based on the emotions of the market participants and they tend to repeatedly occur within the given market conditions. They have to be obviously formed at the swing levels in other to increase their  probability of trading them. 

Professional Foreign Exchange Trader.

It 

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Adewale Adeleke

CEO TFTs