The Ultimate Guide To Price Action Trading
What moves the market?
It’s not because there’s more buyers than sellers.
It’s not because of support & resistance.
It’s because of buying and selling pressure.
I want to sell 1 million shares of "Apple." And, at the same time, there are 10 buyers wanting to buy 100 shares of “Apple” each. In total, their buying pressure is 1,000 shares.
Now, compare this with the selling pressure of 1 million shares from me. Where do you think price is headed? Down.
Because there’s more selling pressure than buying pressure. And not because there’s more sellers than buyers! In this case, there is one seller (which is me) against 10 buyers, but the price is still heading lower.
The takeaway is this...
Price goes up because there’s more buying pressure than selling pressure.
And price goes down because there’s more selling pressure than buying pressure.
You can call this price action trading, order flow of the market, supply & demand, etc. But let’s stick to price action trading.
So, here’s what you’ll learn:
◉ Everything you need to know about Support & Resistance
◉ The 4 stages of the market every serious trader must know
◉ How to tell when the market is trending
◉ How to tell when the market is ranging
◉ How to read the price action of any markets (and determine the strength and
weakness of it)
◉ Forget about memorizing candlesticks, you only need to know these 4
◉ Advanced candlestick knowledge that nobody talks about
◉ A price action trading strategy to capture momentum and ride trends
◉ Price action trading resources