Price Action - Complete Tutorial For Forex Traders
Hi traders,
Vladimir Ribakov is here from Traders Academy Club
https://www.tradersacademyclub.com/
In this video, I talk about all you have to know about price action. This video is your best tutorial on price action subject. I cover these subjects -
- What is price action?
- How price reacts to specific levels
- How Japanese candle patterns is an essential part of price action
- How to trade with price action only, without indicators
- How to find key support and resistance levels
- How to find the best trades
You can download my free E-books and enjoy some great forex education here -
https://vladimirribakov.com/free-ebooks/
Price action is also what I love to call a price reaction. The way that the price reacts to specific levels and specific patterns. What traders need to pay attention to most, is the swing highs and lows, how and where they are created, and what sequence do they have. Highs and lows positioned in the same direction are a great indication of an ongoing trend and then you can look to trade this trend. The same applied to candlestick patterns and the way they form. Highs and lows of candles can provide a great read of the market and give some light to who controls the market now, the buyers (bulls) or the sellers (bears).
Make sure to watch my 3 steps trading strategy using price action -
https://www.youtube.com/watch?v=etOlbXM24QM&t=201s
Join our trading family here to enjoy real-time trading ideas and real-time trading education -
https://www.tradersacademyclub.com/
One of the important things in all the price action trading style, is the ability to identify swing highs and lows and to be able to use them as proper support and resistance levels.
If you are completely new to the support and resistance subject, watch this video -
https://www.youtube.com/watch?v=O4bPJwxr-5M&t=1s
Once you are able to do so, you can focus on trading strategies and once you do, you have to pay attention to risk management and how to handle the trades.
This trading playlist of mine can help you to avoid bad trading mistakes -
https://www.youtube.com/watch?v=UkkvxKJnqdM&list=PLvCRl2gl0o8fHTtx-pSSXFrmGQNi6UZUP
That's it!
Don't forget to download my free E-books -
https://vladimirribakov.com/free-ebooks/
#PriceActionForex #PriceAction #PriceActionStrategy
That's it!
If you are serious about trading forex, make sure you watch this video -
https://www.youtube.com/watch?v=7UYwE0gxLrc&t=40s
For additional forex trading information such as forex trading strategies, trading systems along with invaluable educational articles we publish and share to our growing community we invite you to visit:
https://vladimirribakov.com/ - Vladimir RIbakov's Trading Blog
https://vladimirribakov.com/sponsorship-program/ - Top-Rated Trading Systems
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I would like to thank you for your time and I hope you found value in our video!
To your success,
Vladimir Ribakov,
Internationally Certified Financial Technician