Forex Price Action Training: Trade Management & Rules

Forex trading is the simple concurrent action of buying one currency by selling another, enabling hedging or speculation in a floating currency market.

Discover why Forex offers round-the-clock liquidity, low entry barriers, two-way trading, and leverage advantages, enabling retail traders to enter, exit, and profit from currency movements.

Explore the most commonly traded currencies in forex, including the U.S. dollar, euro, yen, and pound, and learn how their values move, peg dynamics, carry trades, and typical pip ranges.

Explore how forex currency pairs determine value by comparing the base and quote currencies, with the base currency always quoted as one unit, including EUR/USD, GBP/USD, USD/JPY, USD/CAD, and AUD/USD.

Supply and demand drive exchange rates; strong economies raise, while high unemployment or low inflation can lower a currency, with rates, stability, and sentiment shaping outcomes.

Explore the forex market players, from central banks and commercial companies to investment firms and retail traders, and compare market makers, STP, and ECN brokers, their pricing, routing, and risks.

Master reading forex price quotes, recognizing pip movements, and applying leverage, margin, and lot sizes to long (bullish) or short (bearish) trades.

Compare fundamental analysis, which values currencies by intrinsic values and economic indicators, including monetary and fiscal policy and news releases, with technical analysis.

Technical analysis forecasts future price movement by examining past price action, price charts, and indicators, based on Dow theory that price discounts information and price changes trend rather than random.

Explore technical trading fundamentals, price action, charts, volume, candlesticks, Fibonacci levels, and indicators to forecast forex moves across time frames. Understand how news releases and market sentiment shape outcomes.

Master candlestick charts—open, high, low, close, body and wicks—and learn bullish or bearish price action, with RSI and ATR guiding setups and risk.

Identify price action and structure on a price chart to define bullish or bearish trends, including impulse, retracement, and new structure highs and lows.

This lecture shows how buyers control price to form a bullish trend, evidenced by higher highs and higher closes, testing initial structure highs and retracements with the hi unclose technique.

Identify and trade bearish trends by watching for lower lows and closes below initial structure lows, recognizing retracements, and confirming new structure lows as price action moves downward.

Learn how price action consolidates with no clear trend, creating choppy markets. Identify structure highs and lows, retracements, and counter-trend setups within consolidations, including Goffey, butterfly, and crab patterns.

Explore how support and resistance form from structure highs and lows, retracements and halos, turning levels into magnets that guide breakouts, reversals, and trend continuation at major and minor levels.

Identify trend continuation setups by retesting previous resistance after a break of structure, entering with the trend and exiting at retracement lows.

Explore counter trend trading in forex price action, identifying retracements and reversals, waiting for structure to hold, and entering on retests to profit from moves against the trend.

Create a demo account on TradingView or your preferred platform to access charts, customize settings, and study currency pairs with open, high, low, and close prices.

Develop a professional forex trading approach using backtesting to analyze progress and adjust strategies. Build a personalized trading plan with risk and money management to protect and grow your account.

Master forex price action backtesting with an ABX testing phase, building a comprehensive spreadsheet, and evaluating trade setups, targets, and drawdown to reinforce profitable strategies and trading psychology.

Differentiate between risk management and money management, assess positive expectancy, apply risk formulas, use back-tested results, and preserve capital for long-term growth.

Understand positive expectancy as the probabilistic profitability of a trading system across many trades, using average win, average loss, and win rate to ensure discipline and money management.

Differentiate risk management from money management as capital preservation and position sizing for returns; apply backtested data, starting balance, max drawdown, and portfolio size to cap per-trade risk.

Explore money management techniques with a focus on fixed ratio and fixed fractional strategies, comparing systems, managing drawdown, and optimizing position size through delta-based rules and smooth ratio enhancements.

Develop a customized trading plan with psychology, philosophy, rules, strategies, routine, and money management to treat forex trading as a business and maximize profits while reducing risk.

Learn to build a trading psychology section in your plan that defines your trader type, rules, and goals, and uses affirmations to manage emotions.

Write your trading rules to specify tradable currency pairs, mind state, timeframes, and risk limits, using backtested money management formulas to guide position sizing.

Define the rules of engagement for your trading strategies—the heart of your plan—and how to qualify trades as valid, supporting multiple strategies and advanced patterns with rules and positive expectancy.

Develop a disciplined trading routine based on backtested hours, define your optimal daily window with lower timeframes and limit orders for higher timeframes, ensuring consistency with a proven plan.

Learn a rule-based trend continuation strategy using price action to identify higher highs and higher lows, define initial structure, retracements, kill zones, and back test with a one-to-one risk-reward setup.

Master a trend continuation trading strategy to spot retracements, enter within a kill zone, and pursue a minimum 1:1 risk-reward with 50% retracement targets, guided by a plan.

Apply a trend continuation price-action setup using prior support and resistance, retests at the highs, and stops just below retracement, with a profit box targeting the kill zone.

Master trend continuation trading using price action with bullish moves, retracements, and resistance signals to time entries. Apply a rules-based entry with a 1:1 risk-reward and defined take-profit targets.

The lecture demonstrates a trend continuation trading strategy using price action, including a retracement to test the lows, a setup with defined levels, and target levels based on prior retracements.

Master the ABCD pattern with equal CD, align price action with structure levels, and identify zones of interest to spot higher-probability forex trade setups.

Learn a Fibonacci retracement price action strategy with entry at 61.8% retracement, stop loss, swing-high to swing-low targets, and 1.272 extension, including double-bottom setups and retracement re-entries for trade management.

Explore managing forex trades around major news with rules of engagement, entering aussie cad and pound dollar setups before and after releases, using gartley patterns and fibonacci levels.

Preview eurodollar and US dollar charts to spot key levels with swing highs/lows, fibonacci extensions and confluence, including 161.8% and 88.6% levels, for entry ideas.

Execute price action analysis on running trades by tracking chart structure, Fibonacci retracements, and risk-reward setups amid a news-heavy week, while following your trading plan and price targets.

Master top down price action analysis to read structure highs, retracements, and key patterns (X-A-B-C-D) across timeframes, set 1:1 risk-reward trades using Fibonacci levels and resistance to support transitions.

Explores gbpjpy price action through evolving structure, retracements, and fibonacci extensions to locate disciplined trades. Emphasizes backtesting, strict risk-reward rules, and sticking to the trading plan.

Execute price-action setups on gbpjpy with independent trades and strict trading rules. Apply the trading plan, fibonacci extension targets, and disciplined patience to avoid greed and achieve consistency.