Price Action Explained
Everything starts with price action. These lessons show you why—and how to profit from it
Lesson 1: Consolidations in Forex
Learn how to identify and trade consolidation patterns effectively.
Lesson 2: Accurate Trend Lines
Master drawing 100% accurate trend lines and their uses.
Lesson 3: Support and Resistance
Beginner’s guide to trading support and resistance levels.
Lesson 4: Long Upper Shadow
Understand long upper shadow candlesticks in price action.
Lesson 5: Long Lower Shadow
Learn to interpret long lower shadow candlestick patterns.
Lesson 6: Wall Street Cheat Sheet
Explore the psychology of market cycles with this cheat sheet.
Lesson 7: Fibonacci Retracements
Ultimate guide to using Fibonacci retracements in trading.
Lesson 8: Fibonacci Extensions
Use Fibonacci extensions for precise profit targets.
Lesson 9: James16 Trading Guide
Dive into advanced price action strategies from James16.
Lesson 10: Pin Bars Secret
A secret to transform how you trade pin bars.
Lesson 11: Doji Candlestick
Understand the doji candlestick and its implications.
Lesson 12: Spinning Top Candlesticks
Reveal the hidden message behind spinning tops.
Lesson 13: 3 Types of Confluence
Three golden confluence types for high-profit setups.
Frequently Asked Questions
Common questions about price action trading
What is price action trading?
Price action trading is a method of analyzing and trading markets based solely on raw price movements, without the use of indicators, focusing on candlestick patterns, trends, and key levels.
Why trade without indicators?
Indicators often lag behind price, while price action provides real-time insights into market sentiment and behavior, allowing for faster and more accurate decisions.
Is price action trading suitable for forex?
Yes, price action is highly effective in forex due to the market’s liquidity and volatility, making patterns and levels more reliable for trading decisions.
Can beginners learn price action?
Absolutely! Our lessons start with the basics and build up to advanced techniques, making price action accessible and practical for traders of all levels.