where can i learn PRICE ACTION trading ?

Discussion in 'Forex' started by ptatrading, Sep 19, 2020.

  1. Spooz Top 2

    Spooz Top 2

    +1 ... This

    There is no substitution for screen time and experience...
     
    #11     Sep 19, 2020
  2. QTrader20

    QTrader20

    +1... I totally agree with it.
     
    #12     Sep 19, 2020
  3. DevBru

    DevBru

    Exactly, screen time is the only way to learn price action.

    You need to see it develop in front of you to be able to understand it. There probably are some courses that could send you in the right direction but I wouldn't spend too much money on them.

    Also know that price action on its own isn't always reliable. The best thing to do is identify important areas like VWAP, previous day high or low, pre market high or low, some moving averages, ... In my experience price action around important levels is much more reliable than price action at non important levels.
     
    #13     Sep 19, 2020
    Stamamarti likes this.
  4. Tradex

    Tradex

    A week??

    Try 20 or 30 years instead.

    Nobody can decode the market in a week, let's get real for a second.
     
    #14     Sep 19, 2020
  5. deaddog

    deaddog

    You mean you were not able to do it in a week. Gotta be someone out there that can figure it out in a week.
     
    #15     Sep 19, 2020
    BlueWaterSailor likes this.
  6. More like its already been done and people think they are going to discover something new because ego.
     
    #16     Sep 19, 2020
  7. Tradex

    Tradex

    Took me 20 years, and I am still learning.
     
    #17     Sep 19, 2020
    Spooz Top 2 likes this.
  8. Tradex

    Tradex

    The most profitable chart patterns will never be revealed in books, Youtube, blogs or forums, you have to find them by yourself, and this could take decades of research and backtests... :cool:
     
    #18     Sep 19, 2020
    damnpenguins and Nobert like this.
  9. deaddog

    deaddog

    Or a week;

    You gotta start somewhere and most won't take a week of their time to watch the markets. Just observe, don't try and come up with a strategy, don't guess where price will be next, just watch and see what happens.

    I'm guessing you never took a week and wrote the price down every 5 minutes. Who knows it might have taken you less than 20 years.
     
    #19     Sep 19, 2020
  10. Tradex

    Tradex

    True, but the most violent trends seem to start in a vacuum, with no visible support or resistance levels nearby, that's why it is so hard to trade them.
     
    #20     Sep 19, 2020