Price Action Trading
- #1: PRICE ACTION COURSE
Course #1: Table of Contents
NOTE: This course has been created as a Step-by-step learning process to take in order. One of the biggest advantages of coming to a course is getting it laid out for you and in the correct order, but that means you also need to follow it and complete the action steps along the way.
MODULE 1: Price Action & Your Trading Edge
What is Price Action in Forex?
What is an Edge and Why is it so Important?
Chart Set Up and the Best Time To Trade
MODULE 2: Meta Trading
Meta Trading / Learning
Picking Your 80/20
Your Action Step
Module 3: Order Flow, Price Action Story & Reading / Using Trends
Identifying the Current Market
Defining an Existing Trend
Every Chart Has Their Own Trend
Identifying Trend Changes
1,2,3 Reversal Pattern
Key Resistance or Support Being Broken
Ranging Markets
How to Trade Ranging Markets
Reading the Price Action Story
MODULE 4: Support, Resistance, Price Flips & Big Round Numbers
Support and Resistance
How to Mark Support and Resistance Levels
Price Flipping from Support to Resistance and Vice Versa
Big Round Numbers
Using Major Daily Levels to Hunt A+ Intraday Smaller Time-Frame Trade Setups
MODULE 5: Swing Points and the Keys to Reversal Setups
Trading Reversal Signals
Value Area - Pullback or Rotation
Why Do You Need to Hunt for Trades at Swing Highs & Lows?
Trading as Reversals and NOT Continuations
MODULE 6: The Pin Bar Reversal
Pin Bar Reversal
Entering the Pin Bar
Stop Placement
A+ Pin Bar Examples
Pin Bar against the Trend
False Break Pin Bars
MODULE 7: The Engulfing Bar
Bullish and Bearish Engulfing Bars
Bullish and Bearish Engulfing Bar Structure
Entering the Engulfing Bar
Stop Placement for the Engulfing Bar
Good Bullish and Bearish Engulfing Bars Examples
Examples of 2 Bar Reversals in play
MODULE 8: The Pingulfing Bar
The Pingulfing Bar
Entering the Pingulfing Bar
Bullish & Bearish Pingulfing Bar
Stops on the Pingulfing Bar
Good Pingulfing Bar’s Examples
MODULE 9: The False Break
The False Break
Using Price Action Reversals to Trade False Breaks
Price Action and Fibonacci
Examples of Using Fibonacci
Example of Using Fibonacci With Stops
MODULE 10: How to Take Profit and Manage Trades
Profit Taking and Trade Management
FSA: First Support Area
FRA: First Resistance Area
Using Key Areas to Manage a Trade
Making a Pre-Trade Plan
MODULE 11: Forex Trading Psychology
Forex Trading Psychology
Demo, Demo and Then Profit!
Save, Trade & Profit
Trading With Fear
Only Trading the Very Best Setups & Pulling the Trigger!
Over-trading – The Number 1 Account Killer in the World!
Trading With Greed and Not Taking Profit When The Market Makes it Available
Making Emotional Trading Mistakes
Making a Plan, Setting Goals and Keeping a Journal
Example of Some Rules you may have in Your Plan
Goals
Keeping a Journal
MODULE 12: Manage Your Money & Enter Correct Size Trades
Trade Position Sizing & Money Management
Money Management
Position Sizing
Splitting Orders and Trades Into Positions
Correlation in Forex
Why Correlation Is Important?
How to Integrate Correlation into Your Trading Edge
START PRICE ACTION COURSE
NOTE: Make sure to complete all the tests at the end of each module along the way - to be ready for your course ending test!