Chart Patterns and Price Action Trading 1 Section4 Lessons10 Weeks
Lesson 1: Introduction to Price Action Trading
Lesson Overview
Price action trading is the study of raw price movement on a chart. It focuses on understanding how buyers and sellers interact at key price levels.
What Is Price Action
Price action refers to the movement of price over time without relying heavily on indicators.
Why Traders Use Price Action
Cleaner charts
Clearer market structure
Better understanding of supply and demand
Price Action vs Indicator-Based Trading
Price action emphasizes market behavior, while indicators lag behind price.
Key Takeaway
Price action helps traders respond to the market rather than predict it.