Ultimate Price Action Trading - How To Become A Price Action Master

[bullsarenatrading]

Price Action Trading is not new to trading world, traders like Richard Wyckoff, Charles H Dow, Jesse Livermore and Richard Dennis Has used Price Action to make profits in market.

In this complete module of price action trading you can learn A to Z of price action trading at one place.

Chart Patterns

Bar Patterns

Candlestick Patterns

Price Action Strategies

Support and Resistance

Risk Management

 

[MongiIG]

33 minutes ago, bullsarenatrading said:

Richard Wyckoff

Wyckoff Price Cycle

According to Wyckoff, the market can be understood and anticipated through detailed analysis of supply and demand, which can be ascertained from studying price action, volume and time. As a broker, he was in a position to observe the activities of highly successful individuals and groups who dominated specific issues; consequently, he was able to decipher, via the use of what he called vertical (bar) and figure (Point and Figure) charts, the future intentions of those large interests. An idealized schematic of how he conceptualized the large interests' preparation for and execution of bull and bear markets is depicted in the figure below. The time to enter long orders is towards the end of the preparation for a price markup or bull market (accumulation of large lines of stock), while the time to initiate short positions is at the end of the preparation for price markdown.

By StockCharts

[CJ-TradingFloor]

6 hours ago, bullsarenatrading said:

Jesse Livermore

Jesse outlined a simple trading system: wait for pivotal points before entering a trade. When the points come into play, trade them using a buffer, trading in the direction of the overall market. Let the price dictate your actions and stay with profitable trades until there is good reason to exit the trade.