Price Action Grid - EURUSD

The philosophy of the Price Action Grid is universal and can be applied to all markets.

To demonstrate this concept and by way of example, we have used the EURUSD, the most liquid of the FOREX markets, and have overlaid the Price Action Grid onto the 4-hour chart for June-August 2018.

The horizontal and sloping components of the Price Action Grid specific to the EURUSD were defined and projected into the future by the Trade Controller, which is one of the reasons why it is so powerful because areas of confluence such as Grid intersections which often produce high energy event zones, can be identified and marked up in advance. This feature is a powerful weapon in our trading arsenal and adds to our trading edge enabling us to anticipate high probability trade setups.

The screenshots below demonstrate how well price interacts with the Grid and how it can be used to help identify potential high energy, high probability, high value trade setups.

H4 EURUSD Jun-Jul 2018 with Daily Grid Structure Overlaid

This screenshot highlights a Golden Zone H4 MAB with point A taken from the break of the D1 Bear Channel.

When looking-left the Golden Zone has excellent Role-Reversal structure.

This is superb sell opportunity with trade entry at point C which was confluent with:

  • D1 Bull Mid-Channel
  • D1 Bear Mid-Channel
  • H4 21 period EMA
  • Golden Zone Role-Reversal Structure

The resulting bear spike down to the bottom of the D1 Bear Channel is a reflection of the confluence and build-up of energy at point C. 

H4 EURUSD Jul-Aug 2018 with Daily Grid Structure Overlaid

This screenshot highlights a Golden Zone H4 FIBCON with point A taken from the intersection of the D1 Bear Channel and the D1 Bull Mid-Channel.

Again, when looking-left the Golden Zone has excellent Role-Reversal structure and is perfectly confluent with the D1 Equidistant Key Zone Mid-Line.

This is superb sell opportunity with trade entry at point C which was confluent with:

  • D1 Bull Channel
  • D1 Equidistant Key Zone Mid-Line
  • Golden Zone Role-Reversal structure

Once again, the resulting bear spike down through the bottom of the D1 Bear Channel to the intersection of the D1 Bull and Bear Channels below is a reflection of the confluence and build-up of energy at point C.