Forex Price Action Training: Trading Strategies

Learn to trade forex by understanding the basics of buying one currency while selling another, and how hedging and speculation drive currency price movements.

Explore why traders engage in the forex market: flexible access, two-way price action, low costs and leverage, and 24/5 liquidity across major sessions and profit from rising or falling currencies.

Learn how currency pairs quote values in forex, identify base and quote currencies, and explore major and minor pairs like eur/usd, gbp/usd, usd/jpy, and aud/cad.

Explore the most commonly traded currencies, led by the usd and eur, with the yen and pound providing liquidity and notable pip movements.

Exchange rates move with supply and demand, influenced by interest rates, unemployment, inflation, political stability, and central banks. Market sentiment and speculation can also drive currency values up or down.

Explore the key players in the forex market, from central banks and commercial companies to investment firms and retail traders, and compare market makers, STP, and ECN brokers.

Learn to read forex price quotes, understand lot sizes, leverage and margin, and analyze bid-ask spreads, pips, and long or short positions in currency pairs.

Compare fundamental and technical analysis in forex by evaluating currencies through economic indicators, government reports, and policy effects, and apply news releases to forecast price moves.

Forecast future price movement from past statistics using price charts and technical indicators like moving averages, MACD, RSI, and stochastic across multiple timeframes to identify trends and continuations.

Master technical trading for forex by analyzing price action, volume, charts, candles, Fibonacci levels, and indicators. Compare with fundamentals and learn how history repeats itself to guide consistent trades.

Explore candlestick charts, learn their open, high, low, and close structure, bullish versus bearish candles, and how price action trading uses RSI and ATR for simple forex setups.

Learn to read price charts by analyzing price action and structure to identify bullish and bearish trends, using swings, retracements, and new structure highs and lows.

Identify a bullish trend via price action, higher highs and higher closes, with retracements and structure highs confirming new uptrends using the hi unclose technique.

Identify bearish trends as sellers drive prices down, breaking and closing below the initial structure low; retracements must close below the prior high to confirm continuation.

Explore how price action moves in consolidation, identify initial structure high and low with retracements, and apply counter-trend or trend continuation strategies using patterns such as butterfly and crab.

Identify and trade price action using support and resistance as key levels, observing structure highs and lows, retracements, and break through to anticipate trend continuation.

Trade with the trend by awaiting a break of structure with higher high and higher close, then enter on a retest of previous resistance and take profits at the lows.

Explore counter-trend trading as the opposite of trend continuation. Seek retracements and potential reversals where price action holds key levels, entering on breaks or retests and profiting from reversals.

Create a demo account to practice forex trading with TradingView charts. Sign up, access and customize charts, switch currencies and timeframes, and view open, high, low, and close data.

Apply Fibonacci retracement and extension levels to identify high-probability setups, integrate AB equals CD and double top/bottom patterns, and develop entry techniques to trade systematically.

Explore the Fibonacci ratio derived from the Fibonacci sequence and its use in technical trading. Learn how retracement and extension tools help traders gain an edge in the market.

Master five fibonacci retracement levels (38.2, 50, 61.8, 78.6, 88.6), draw from swing low to high, and apply confluence with structure to trade price action zones.

Learn how to draw the Fibonacci extension from swing low to swing high, targeting 127.2 and 161.8, and use confluence with structure levels for reversals or trend targets.

Learn the AB equals CD harmonic pattern to predict moves in forex, including bullish and bearish setups, using retracements and Fibonacci tools to identify high-probability entry zones.

Explore the double top and double bottom patterns, their resistance and support failures, and how they signal entries or trend continuation, with structure, chart examples, and ab equals cd references.

Apply rules to validate double tops and bottoms using the testing candle’s highs and closes, with high probability filters, then enter at market after the testing candle closes.

Identify double top and double bottom patterns using trigger candles and retracements, ensuring tests meet high-probability criteria and applying RSI filters.

Learn to set up the RSI indicator in trading view, identify high-probability double tops and bottoms using RSI overbought/oversold and RSI divergence, with price action confirmation.

Set stop-loss levels with the 7-period atr for double top and bottom trades, then target fibonacci retracement levels at 38.2% and 61.8%.