Priceact

ioni
soneoft hemethodsoftechni
calanal
ysi
sinfi
nancialmarket
s,whichanal
yzes
andt r
adesbasedonpr i
cemovementswithoutusi
ngauxi
li
arytoolssuchasindi
cator
sand
patter
ns.Thi
sanaly
ticalmet
hodhasmanyf ansamongt r
adersduet oit
ssimpli
cit
yand
practi
cal
it
y.

Whati
spr
iceact
ion?

Pri
ceacti
onor"pr
iceacti
on"i
nthest ockmar ket,f
orexanddigi
tal
curr
enci
esisamet
hodof
anal
ysi
sandtradi
nginfi
nanci
almar ketsthatreli
esont heanal
ysi
sofpri
cesandt
hei
rchanges,
wit
houtusi
ngindi
cator
soranalysi
st ool
s.Anot hertechni
que.

Pri
ceactiont
rader
sst
udypr
icechangesandpat
ter
nsonpr
icechar
tsi
nor
dert
omaket
radi
ng
deci
sions.

Theyusual
lyanaly
ze"candlesti
ck"or"bar"chart
sandlookforpatt
ernssuchastrendl
i
nes,
suppor
tandresist
ancelevels,
candlesti
ckpat t
erns,
andotherpri
cestruct
urest
hatmayindi
cat
e
fut
uremarketmov ements.

Pr
iceact
iont
rai
ningi
susedi
nwhatmar
ket
s?

Wi t
hPriceActi
ont r
aining,
youcant
radei
nanyfi
nanci
almar
ketwher
eassetpr
icesar
e
displ
ayedgraphical
ly.Amongthemarket
sinwhi
chyoucantr
adewit
hpri
ceacti
on,t
hefol
l
owi
ng
canbement ioned:

StockExchange:Thestockexchangei soneoft
hemostcommonf i
nanci
almar
ketswher
ethe
sharesofcompani esar
etraded.Withpri
ceacti
ont
rai
ning,
youcanbuyandsel
lshar
esof
dif
ferentcompaniesint
hest ockexchange.

Forex:
Forexi
stheworl
d'
slar
gestf
inanci
almarketwheredi
ffer
entcur
renci
esar
etr
aded.Wi
th
pri
ceacti
ontr
aini
ng,
youcanbuyandselldi
ff
erentcur
renci
esinfor
ex.
Digi
talcur
rencies:Di
git
alcurr
enciesareoneoftheemergi
ngfi
nanci
almarketswheredif
ferent
digi
tal
currenciesaretr
aded.Withpri
ceacti
ontrai
ning,
youcanbuyandselldi
ff
erentcur
rencies
suchasBitcoin,Et
hereum,etc.i
ndigit
alcur
renci
es.

Commodi t
ies:
Commodi t
iesar
eanot
herfi
nanci
almarketwherevar
iouscommodi
ti
essuchas
gold,
oil
,wheat,et
c.ar
etr
aded.Wi
thpri
ceacti
ontr
aini
ng,youcanbuyandsel
ldi
ff
erentgoodsi
n
thegoodsmarket.

I
nfact,pr
iceact
ionisacomprehensi
vetechni
calanal
ysi
smet
hodt
hati
susedi
nanyf
inanci
al
marketwhereassetpr
icesar
edispl
ayedgraphi
call
y.

Ofcourse,
itshouldbenotedthatsuccessi
npri
ceactioni
snotachievedbysimplyl
ear
ningthi
s
method.Tosucceedi nthi
smethod,youneedtopract
iceandrepeatenough.Tr
ader
sshould
i
denti
fypri
cepatternsbyusingdi
ffer
entchar
ti
ngtoolsandchoosesuitabl
eentr
yandexitpoi
nts
accor
dingtothemar kettr
end.

Basi
csofpr
iceact
ion

Pri
ceacti
oni sbasedonthepr i
ncipl
ethatall
fundamental
factor
sandtr
ader
s'sent
iment
sar
e
ul
ti
matelyrefl
ectedi
ntheprice.Theref
ore,byexamini
ngpricemovement
s,y
oucangetabet
ter
under
standingofthemarketsituati
onandpredicti
tsf
utur
et r
end.

Themai
nel
ement
sofpr
iceact
ion

Themai
nel
ement
sofPr
iceAct
ionar
e:

Trend:Thet
rendofamarketcanbebul
li
sh,
beari
shorneut
ral
.Ident
if
yingt
hemar
kett
rendi
s
oneofthemostimpor
tantpoi
ntsi
npri
ceacti
on.

Supportandresi
stancel
evel
s:Suppor
tandresi
stancel
evelsar
epoint
swheret
hepr i
cemeet
s
resi
stanceorsupport
.Thesel
evel
scanbeusedtodeter
mi neentr
yandexi
tpoi
nts.
Pri
cePat
terns:Pri
cepat
ter
nsar
epat
ter
nsseenonapr
icechar
tthatcanbeusedt
opr
edi
ct
fut
uremarkett
rends.

Adv
ant
agesanddi
sadv
ant
agesofpr
iceact
ion

Pr
iceact
ionhasmanyadv
ant
ages,
incl
udi
ngt
hef
oll
owi
ng:

Simpl
i
city
: Pr
iceact
ioni
sasi
mpl
eanal
yti
cal
met
hodt
hatenabl
esmar
ketanal
ysi
swi
thoutusi
ng
complextool
s.

Appl
icabi
l
ity:
Pr i
ceact
ioni
susedi
nvar
iousmar
ket
s,i
ncl
udi
ngt
hest
ockmar
ket
,for
exand
di
git
alcurr
encies.

Fl
exi
bil
i
ty:
Pri
ceact
ional
l
owst
rader
stousedi
ff
erentt
radi
ngst
rat
egi
es.

Amongt
hedi
sadv
ant
agesofpr
iceact
ion,
thef
oll
owi
ngcanbement
ioned:

Needforpr
act
iceandr
epet
it
ion:
Tobesuccessf
uli
npr
iceact
ion,
alotofpr
act
iceandr
epet
it
ion
i
srequir
ed.

Uncer
tai
nty:
Pri
ceacti
oni
snotacompl
etel
ycer
tai
nanal
yti
cal
met
hodandt
her
eisal
way
sa
possi
bil
i
tyofer
rori
nit
.

Pr
iceact
iont
rai
ning

Priceacti
ontrai
ningcanbedoneindiff
erentways.Sometradersprefertol
ear
nthi
smethodby
themselves.I
nthiscase,
theycanreadbooks,art
icl
esandonlinetr
ainingcour
ses,
someof
whi char
eintr
oducedintheconti
nuati
onofthisarti
clef
rom t
heoldFXsi te.

Youcanl
ear
npr
iceact
ion.

Anotherwaytol
earnpri
ceacti
oni
stoparti
cipat
einface-
to-
faceoronl
i
netrai
ningcourses.I
n
thesecour
ses,t
rader
sgettoknowthebasi
cpr i
nci
plesandconcept
sofpr
iceactionandcan
i
mpr
ovet
hei
rski
l
lsi
nthi
sfi
eldt
hroughpr
act
iceandr
epet
it
ion.

Di
ff
erentst
ylesofpr
iceact
ion

Basedonhowt hemainel
ement
sofpri
ceact
ionareused,di
ff
erentst
ylescanbei
dent
if
iedi
n
pri
ceact
ion.Amongthemosti
mport
antpr
iceact
ionstyl
es,t
hefoll
owingcanbementi
oned:

1-Cl
assi
cpr
iceact
ion

Thecl
assi
cpriceact
ionsty
leisoneoft hemostcommonpr i
ceact
ionst
yles.Thi
sst
yleanaly
zes
andtr
adesbasedontrendident
if
icat
ion,suppor
tandr
esi
stancel
evel
sandpr i
cepat
terns.

Themai
nel
ement
soft
hecl
assi
cst
ylear
e:

Trend:Trader
susi
ngtheclassi
cst
ylef
ir
sti
dent
if
ythemar
kett
rend.Themar
kett
rendcanbe
bull
ish,
beari
shorneut
ral
.

Supportandresi
stancel
evel
s:Suppor
tandresi
stancel
evelsar
epoint
swheret
hepr i
cemeet
s
resi
stanceorsupport
.Thesel
evel
scanbeusedtodeter
mi neentr
yandexi
tpoi
nts.

Pri
cePat
terns:Pri
cepat
ter
nsar
epat
ter
nsseenonapr
icechar
tthatcanbeusedt
opr
edi
ct
fut
uremarkett
rends.

LanceBeggspr
iceact
iont
rai
ning

RezaGol
shahi
anpr
iceact
iont
rai
ning

SaeedKhakast
erpr
iceact
iont
rai
ning
2-Pr
iceact
ionsuppl
yanddemandst
yle

Thesuppl
yanddemandst y
leanal
yzesandt
radesbasedonthei
dent
if
icat
ionofsuppl
yand
demandlevel
s.Suppl
yanddemandlevel
sar
ethepointswher
ebuyer
sandseller
sarei
n
equi
l
ibr
ium wit
heachother
.

Themai
nel
ement
sofsuppl
yanddemandst
ylear
e:

Suppl
y:Suppl
yref
erst
otheamountofasset
sthatar
eav
ail
abl
eforsal
eint
hemar
ket
.

Demand:
Demandr
efer
stot
heamountofasset
sthatar
eav
ail
abl
eforpur
chasei
nthemar
ket
.

SupplyandResistanceLevel
s:Suppl
yandr
esist
ancel
evel
sarepoi
ntswher
edemandisgr
eater
thansupplyorsupplyisgr
eatert
handemand.Thesel
evel
scanbeusedtodet
ermi
neent
ryand
exitpoi
nts.

Basi
cPr
inci
plesofSuppl
yandDemandbyAl
fonsoMor
eno

16booksonsuppl
yanddemandbySam Sei
den

3-Smar
tMoneyst
yle

Smar tMoneyst y
leanalyzesandtradesbasedonidentif
yingt
hebehaviorofmajorpl
ayersinthe
mar ket
.Largemar ketpl
ayerssuchasinvestmentfunds,l
argebanksandtradi
ngcompani es
carryoutalargevolumeoft r
ansacti
onsinthemar ket
.Theref
ore,i
dent
ifyi
ngthebehavi
orof
theseplayerscanhelptr
aderspredictmarkett
rends.

Themai
nel
ement
sofSmar
tMoneyst
ylear
e:
Lar
gemarketplayer
s:Largemarketplay
ersar
eindi
vi
dual
sorent
it
iest
hatcar
ryoutal
arge
vol
umeoftransacti
onsi
nt hemarket
.

Behavi
orofmajormarketpl
ayer
s:Thebehav
iorofmaj
ormarketplay
erscanbeident
if
ied
thr
oughvari
oustool
ssuchast r
adi
ngvol
ume,pri
cemovements,andchar
tpatt
erns.

Forsmar
tmoneyst
ylepr
iceact
iont
rai
ning,
ref
ert
othesmar
tmoneyt
rai
ningpage.

4-RTM pr
iceact
ionst
yle

TheRTM pr i
ceacti
onstyl
eisoneoft
hepr
iceact
ionstyl
esthatanal
yzesandt
radesbasedon
theidenti
fi
cat
ionofsuppl
yanddemandl
evel
s.Thisst
ylewasintr
oducedbyapersonnamedIF
My ante.

TheRTM styl
eisbasedonthepri
ncipl
ethatassetpr
icesmeetr
esist
anceorsuppor
tatpoi
nts
wheredemandexceedssupplyorsuppl
yexceedsdemand.Theref
ore,i
dent
if
yingt
hesel
evel
s
canhel
ptraderschooseappr
opri
ateentr
yandexitpoint
s.

Themai
nel
ement
soft
heRTM st
ylear
e:

Suppl
yandResist
anceLev
els:Suppl
yandr
esi
stancel
evel
sar
epoi
ntswher
ebuy
ersandsel
l
ers
arei
nbalancewit
heachother
.

Tr
adi
ngVol
ume:Tr
adi
ngv
olumecani
ndi
cat
ethest
rengt
hofat
rendorachangei
ntr
end.

Pri
cePat
terns:Pri
cepat
ter
nsar
epat
ter
nsseenonapr
icechar
tthatcanbeusedt
opr
edi
ct
fut
uremarkett
rends.

ForRTM st
ylepr
iceact
iont
rai
ning,
ref
ert
otheRTM pr
iceact
iont
rai
ningpage.
5-pr
iceact
ioni
ctst
yle

I
nICTpriceacti
on,t
raderstrytopredictmarkettr
endsbyst udy
ingt hebehavi
orofinst
it
uti
onal
marketmakers.I
nsti
tut
ionalmarketmaker sarelargemarketplay
er swhocarryoutlar
ge
vol
umesoftransacti
ons.Theyusuallyhav emoreinfor
mationandr esourcest
hanretai
ltr
aders
andther
efor
e,thei
rbehaviorcanbei ndicat
iveofmarkett
rends.

ICTpriceacti
ontr
ader
sdonotusemanyt ool
sformarketanal
ysis.Theymostlyfocuson
candl
estickchar
tsandkeyconcept
ssuchassuppor
tandr esi
stance,channel
s,andrev
ersal
patt
erns.

Themai
nel
ement
sofI
CTst
ylear
e:

Focusont
hebehav
iorofi
nst
it
uti
onal
mar
ketmaker
s

Usi
ngcandl
est
ickchar
ts

Keyconcept
ssuchassuppor
tandr
esi
stance,
channel
s,andr
ever
sal
pat
ter
ns

Bl
ockor
derconcept

pr
iceact
ioni
ctst
ylet
rai
ningbook

Concl
usi
on

Priceacti
ontr
aini
ngisatime-consumingandconti
nuousprocess.Tr
adersshoul
dlear
nthe
conceptsandtool
sofpriceacti
onbyr eadi
ngbooks,ar
ti
clesandtrai
ningcour
sesandimpr
ove
theirski
l
lint
hisfi
eldbypract
iceandrepeti
ti
on.

Cl
i
ckont
hispostf
orpoi
nts!

[
Tot
al:
14Av
erage:
4.4]

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d:Compl
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iont
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