This is the First lesson in our Basic Price Action Trading Course series.
In this Lesson, We will try to understand the Foundation of Price Action Trading
What exactly it is, How it works and Why does it matter. After going through this Video, you’ll be able understand the Difference between Price Action Trading and Technical analysis. Most Importantly you’ll learn how to do Price Action Analysis !
Important Topics in the Trading Lesson
1. What is Price Action Trading ? | 2. Examples of Price Action Trading | 3. How to do Price Action Analysis ?
Test your Knowledge
1. Here’s the Assignment on Chart Reading :
Have you gone through the Video ? After Completely going through the Video, Take this Assignment to Test your Knowledge.
Take the chart of your favorite Instrument, whether it’s a Stock, Commodity or Currency. Go to Higher time frame such as 1h, 4h or 1D Chart. Try to look at the clean Price charts and understand the Price Action. Note down your observations.
If you’ve have any questions or queries, Leave it in the comments below. I am more than happy to discuss..
Next Lesson – Lesson 2 | Support and Resistance to Find Profitable Trading Setups