Published 8/2024
Duration: 2h9m | Video: .MP4, 1920×1080 30 fps | Audio: AAC, 44.1 kHz, 2ch | Size: 1.28 GB
Genre: eLearning | Language: English
Proven method, easy understanding and you’ll be able to start right away.
What you’ll learn
Ability to analyze chart from scratch
Finding the best entry point
Minimize risk and mazimize profit
Immediate stable and proven result
Requirements
Already have basic knowledge about forex trading
Description
Price action forex trading
is a strategy that relies on analyzing historical price movements, rather than relying on indicators, to make trading decisions. Traders who use price action focus on patterns, trends, and key levels such as support and resistance to predict future market movements. The core idea is that all relevant information about the market is already reflected in the price, so by studying how prices have behaved in the past, traders can gain insights into future price movements.
Price action trading often involves the use of candlestick patterns, which provide visual cues about market sentiment. Patterns such as pin bars, engulfing bars, and inside bars are commonly used to identify potential reversals or continuations in the market. Support and resistance levels, which represent areas where the price has historically had difficulty moving above or below, are also key components of this strategy.
Unlike indicator-based trading, which can lag due to the calculations involved, price action trading is considered more immediate and direct. This approach can be applied across different time frames, making it suitable for day traders, swing traders, and long-term investors. Its simplicity and effectiveness make it a popular choice among forex traders seeking a clear, uncluttered view of the market.
Who this course is for
Beginner who already learned forex trading and looking for more quality trade
Homepage
https://www.udemy.com/course/full-set-of-price-action-in-forex-trading/