Udemy

Mastering price action trading in online trading

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  • 1,241 Students
  • Updated 11/2024
4.4
(94 Ratings)
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Course Information

Registration period
Year-round Recruitment
Course Level
Study Mode
Duration
3 Hour(s) 30 Minute(s)
Language
English
Taught by
Karina Fabi
Rating
4.4
(94 Ratings)

Course Overview

Mastering price action trading in online trading

Price action trading with no indicators and no charts patterns. A unique way to be consistant in time.

Chartism, technical analysis and indicators are past due. Today´s traders must be one step ahead. The mainstream of knowledge in trading is still around the same algorithms and old school of the 80’ and 90’. The demands of the market today are currently beyond the reach of traders in years past. This course will get your trading to the next level so open yourself up to a new way of thinking. The journey to becoming a successful trader is not an easy one, but with patience and perseverance, it can be done. As you take this journey with me, remember that temperance and wisdom are essential components – they will help you make wise decisions in the market. With the right attitude and strategy, you can become both a successful and strategic trader.

You can apply the price reading system in every instrument and also futures. The only requirement is that the asset must have a trading volume which is massive enough to have generated a market history. Without volume of transactions, the asset will have little activity and will not provide sufficient information. Many new instruments that go on the market do not yet have sufficient daily volume, and so price reading is not applicable. To conclude, it's important to remember the fundamentals of price action are supply and demand. Knowing how these two factors interplay is essential for traders who want to make informed decisions about when to buy and sell. While the market can be unpredictable, understanding price movements will help you build your trading strategy and potentially yield successful outcomes.

The bottom line is that price action strategies can be applied to any asset, according to its history. Each asset has its own characteristics, so understanding the balance between supply and demand is key to success in the market. As a trader, it's important to analyze each asset's past performance and build an investment strategy around it. The more history one can bring into the equation, the better equipped they will be our entries with greater accuracy and expertise. After all, knowledge is power when it comes to investing.

Price action equals market in action and that is behavior of buyers and sellers. While behaviorism does not provide any guarantees about the future, it can help us analyze the historical data that is available in order to better understand how our actions impact the financial market. By being aware of our behavior and recognizing patterns, we can become more effective and strategic in our decisions. As we continue to study this field, we may find even more ways for people to better understand their attitude towards, and reactions to, favorable or unfavorable market conditions.

While price action may be complicated to understand at first, with practice it blends into the background and can become second nature. Unlike other strategies, price action does not use indicators for decision-making - but rather relies on your individual judgment of market opportunities at any given moment. The most important concept it is not only understand price action factor in trading, but also applying it with scalping techniques to maximize success. With patience and attention to detail, you can unlock tremendous profits by taking advantage of short-term price changes in the market.


Course Content

  • 28 section(s)
  • 29 lecture(s)
  • Section 1 About me
  • Section 2 Price action set up
  • Section 3 Trading statistics
  • Section 4 Intruments
  • Section 5 Equilibrium price
  • Section 6 Timeframes for price action
  • Section 7 Buyers market areas
  • Section 8 Price curve
  • Section 9 Sell market area
  • Section 10 Open interest
  • Section 11 Scalping intervals
  • Section 12 EURUSD
  • Section 13 No stop loss no Take profits
  • Section 14 Brokers for price action
  • Section 15 GOLD
  • Section 16 DOW US30
  • Section 17 NASDAQ NQ
  • Section 18 SP500
  • Section 19 Trading hours for EST time
  • Section 20 Trading hours fundamentals
  • Section 21 Prices volatility and emotions
  • Section 22 Price confirmation
  • Section 23 Expiration
  • Section 24 Price action updates and live trading practices
  • Section 25 Price action december 20th updated
  • Section 26 Price action updates DEC 27
  • Section 27 UPDATE US elections with price action
  • Section 28 Market projections and how to know buy and sell levels

What You’ll Learn

  • About my story, Price action set up, Trading statistics, Instruments to be used, Equilibrium price, Timeframes for price action, Price curve, Buy market areas, Sell market areas, Scalping intervals, Transitions and ranges, EURUSD price action map price, GBPUSD price action map price, USDCAD price action map, GOLD price action map price, SP500 map price, NQ map price, Trading hours, Trading opening hours, Trading closing hours, Prices volatility and emotions control, Price confirmation, Price expiration, Updates on price action activity November


Reviews

  • R
    Ruben Garcia
    5.0

    Este curso bastante bueno!

  • J
    Jürgen Kostreba
    5.0

    Ja alles gut,ich denke ich muß erstmal lernen ohne Linie zu zeichnenUND ohne S / L + T/P !

  • S
    Sean Ryan
    4.5

    Excellent

  • R
    Rene Tovar
    5.0

    Excellent illustration of the Price Action, ways to use it depending on the instrument, the concepts behind a buying / selling decision, the usage of news depending on the impact on the instrument, the relevance of volume, the relevance of the time based on the opening of Europe & USA, a new approach to my trading, thank you

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