Learn the basics of price action trading and get a solid foundation for advanced market analysis. A step-by-step guide to mastering price action.
Price Action Trading
Bar-by-bar analysis is the hardest part of price action trading. Learning by examples is the best way to pick up this discretionary but practical skill.
Bar patterns are nifty tools for every price action trader. Here are 10 bar patterns that you must know, complete with trading examples and resources.
The Three-Bar Reversal Pattern can be adapted easily for day trading. When combined with other analysis, it gives an excellent entry point for day traders.
Learn how to find the best pullback setups with two simple trading tools - a trend line and a channel. Trading pullbacks can be simpler than you think.
Support and resistance underlies the most important price action trading concepts. You can become a proficient trader if you master support and resistance.
Price action analysis is critical for designing a sound trading setup. These questions will guide you to arrive at your analysis systematically.