8.3

Price Action Basics

In this crucial lesson, we bring together everything we have learned so far in the Academy to help you understand Price Action trading methods. Most new traders, and many experienced traders in pursuit of greater success, have found Price Action trading a refreshing, relatively easy, and profitable style of Forex trading.

The basis of price action trading is the ability to identify likely points of strong support and resistance, coupled with the ability to interpret Japanese Candlesticks and candlestick patterns, neither of which is as difficult as it first seems.

Trading has to be smart but it does not have to be over-complicated. Less can sometimes be more. Price action trading can keep your Forex chart as simple as it can possibly be.

Video Tutorial

Lesson Quiz

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