Forex Price Action Strategy for Beginners and Advance

Low-Cost Strategies for Beginners and Experienced Traders: Start Trading Smart, Not Hard.

Created byElixir Martin De Castro

Last updated 4/2025

English

What you'll learn

Learn to identify the market direction. Most traders don't know how to read the market correctly. In this course I will teach you how to identify them.
When to buy or sell the market. You will know when is the right time to sell or buy the market. And how to approach the market pairs correctly.
Risk management. I will teach you what is the best risk management to survive the market weather you are using a prop firm challenges or your own capital.
Where do we enter a trade. Most traders when they see an opportunity, they don't know where and when to enter a trade.

Course content

1 section • 19 lectures • 1h 51m total length

Introduction1:15
Market Structure: Market structures are consisting of High and Lows.1:39
In this video, you'll learn how to identify bullish and bearish trends using the concept of higher highs and higher lows. Understanding these patterns is crucial for successful trading, as they indicate the direction of the market and help you make informed decisions.
Identifying the Market Directions Part 1: Bullish or Bearish2:33
In this video, you'll learn how to effectively identify bullish or bearish market direction, a critical skill for successful trading. By understanding market direction, you'll be able to make informed decisions and capitalize on profitable opportunities.
Identifying Market Direction Part 2: Bullish or Bearish2:34
You need to know how to identify the market directions that is why this lecture feels like repetitive. But in the actual market each of the market Directions are Unique.
Identifying Market Directions Part 3: Bullish or Bearish1:51
You need to know how to identify the market directions that is why this lecture feels like repetitive. But in the actual market each of the market Directions are Unique.
Identifying Market Directions Part 4: Bullish or Bearish2:53
These are more examples of Market Directions. Because it is very crucial to understand market conditions, and you need to identify where the market is going.
Bullish or Bearish?
Identifying Market Direction Part 5: Bullish or Bearish1:15
I hope you understand now how to identify the market direction. Don't worry I will put a more videos soon to fully understand the market structure. I will continue to update this course with more charts examples on how to identify the market direction.
Is the Market Bullish or Bearish?
Three Time Frames Correlations3:02
Starting from Weekly, Daily, and 4-hour Time Frame. Once the Market direction is identified and these three time frames are in sync. Then you will be able to decide whether to Buy or Sell the Market.
A setup and B Setup7:39
In this video, you'll learn how to trade using the powerful B Setup strategy, which involves analyzing multiple time frames to confirm trading opportunities. The B Setup requires at least two time frames to be in sync.
Key Points Covered:
Understanding the B Setup: We'll start by explaining the concept of the B Setup strategy. You'll learn how to identify trading opportunities based on the synchronization of multiple time frames, specifically the weekly, daily, and 4-hour charts.
Bullish and Bearish Scenarios: We'll explore different scenarios of the B Setup strategy:
If the weekly chart is bullish, the daily chart is bullish, and the 4-hour chart is bearish, this indicates a strong buying opportunity.
If the weekly chart is bearish, the daily chart is bullish, and the 4-hour chart is bullish, this also suggests a favorable buying opportunity.
However, if the weekly chart is bullish, the daily chart is bearish, and the 4-hour chart is bullish, we'll avoid trading as the signals are conflicting.
How does market structure look from higher time frame to lower time frame?2:54
From higher time frame to lower time frame, you will understand how the market move. In this video you will have an idea that the higher time frame has a better way to show you where the market is going from Weekly and Daily Time frame.
Bullish or Bearish: Actual Chart Data18:04
Swing Points: Relation between Weekly and Daily Time Frame1:26
"A" setup: Why do we need the three time frame to be in sync.3:38
For an "A" setup we need these three time frame to be in sync for us to find easily the potential trade on 4h and lower Time frame.
Entry Points: How to enter the trade when our strategy setup occurred.12:04
Once you analyze the higher time frame (Weekly, Daily, and 4H) then you will find the shift of market structure in lower timeframe to enter the trade. The lower timeframe has to sync as well from the higher timeframe and then wait for the candlestick confirmation on lower timeframe before entering the trade.
Example: Actual Market Analysis using Tradingview13:51
Here you will see how we simply identify the market direction, where we put the Swing points levels where at least there are three touches. and we waited for shift of structure in lower timeframe and finally to wait for candlestick confirmation before entering the trade.
Tips: Always find the Rejection candle stick in Weekly or Daily Time Frame.2:32
This is one of the important things a lot of beginners always ignores. We need to wait for the rejection candlestick from weekly or daily timeframe before we analyze the lower timeframe. Once rejection candlestick is shown in daily or weekly then you will now go to lower timeframe and wait for them to sync as well before entering the trade.
EURUSD Market Analysis using Price Action Strategy16:44
Where to put your Stop Loss and Take Profit10:19
Risk Management5:13

Requirements

Basic Understanding of Forex Trading: Familiarity with the forex market and its basic concepts will be helpful but not required. If you're completely new to forex trading, don't worry! This course will guide you through the essentials. Knowledge of Fundamental Concepts: You should have a basic understanding of fundamental concepts such as stop-loss calculations, how to place a trade, and using indicators. This includes understanding concepts like risk management, position sizing, and order execution. Experience with Trading Platforms: Familiarity with trading platforms such as MetaTrader or TradingView is recommended. You should know how to navigate these platforms and use their features effectively. Desire to Learn: A positive attitude and a willingness to learn are essential. This course is designed for students who are committed to mastering the art of forex swing trading and are ready to put in the effort to achieve their trading goals. By meeting these requirements, you'll be well-prepared to dive into the world of forex swing trading and gain valuable insights and skills that will help you succeed in the market.

Description

Welcome to "Mastering Price Action Trading," where you'll learn a simplified approach to trading the forex market using pure price action techniques. In this course, we'll focus on understanding market dynamics through major support and resistance levels, identifying market directions, and utilizing rejection candlestick patterns to make informed trading decisions.

Forget about complicated indicators and overwhelming analysis. With our straightforward approach, you'll learn to read the market with clarity and precision, using only the most essential tools at your disposal.

Here's what you'll learn:

Major Support and Resistance: Learn how to identify key support and resistance levels that hold significance in the market. Understand how price reacts around these levels and how to use them to plan your trades effectively.
Market Directions: Gain insights into understanding market directions and trends without relying on lagging indicators. Learn how to analyze price action to determine the underlying sentiment of the market.
Rejection Candlestick Patterns: Discover the power of rejection candlestick patterns such as pin bars, engulfing patterns, and hammer candles. Learn how to interpret these patterns to anticipate potential reversals or continuations in price movement.
Timeframe Correlation: Understand the correlation between different timeframes, from higher timeframes to lower timeframes. Learn how to use this correlation to confirm trade setups and improve the accuracy of your entries and exits.
Risk Management and Trade Execution: Master the art of risk management and trade execution to protect your capital and maximize your profits. Learn how to set appropriate stop-loss and take-profit levels based on your trading strategy.

Throughout the course, you'll have access to real-life examples, practical exercises, and step-by-step guidance to reinforce your learning. By the end of the course, you'll have the knowledge and confidence to trade the forex market successfully using price action principles.

Whether you're a beginner trader looking to build a solid foundation or an experienced trader seeking to simplify your approach, "Mastering Price Action Trading" will provide you with the tools and techniques to achieve consistent profits in the forex market.

Who this course is for:

Aspiring Forex Traders: If you're new to forex trading and looking to build a strong foundation in swing trading, this course will provide you with the essential knowledge and skills to get started. Experienced Traders: If you're an experienced trader but struggling to achieve consistent profits or looking to refine your swing trading strategies, this course will help you take your trading to the next level. Those Interested in Technical Analysis: If you're fascinated by technical analysis and want to learn how to use it effectively in your trading, this course will teach you how to analyze charts, identify trends, and spot potential trading opportunities. Price Action Enthusiasts: If you prefer trading based on pure price action and want to learn how to interpret price movements without relying on lagging indicators, this course will equip you with the skills to become a successful price action trader. Anyone Seeking Financial Freedom: If you're looking to supplement your income, achieve financial freedom, or pursue trading as a full-time career, this course will provide you with the knowledge and tools to pursue your goals in the forex market.