Technical Analysis - Price Action Masterclass (Tagalog)

Discover the four main markets retail traders trade—stock, forex, commodities, and cryptocurrency—and how centralized exchanges, OTC platforms, and price movements in currencies, shares, and metals shape trading.

The best business model on earth is online forex trading, offering huge profit potential and flexibility, but requires time, hard work, and discipline due to a low success rate.

Explore the global, decentralized forex market, an over-the-counter arena where currencies are exchanged; the largest, most liquid market, open 24 hours a day, five days a week, for anyone.

Explore how currencies trade in the forex market using ISO 4217 codes like USD, EUR, and JPY, and learn why quotes pair currencies and require a counter currency.

Identify the primary forex players: international banks, investment banks, central banks, financial institutions, and businesses like Apple, trading US dollar and Chinese yuan, with speculators and retail traders driving activity.

Learn how base and quote currencies work, with the base on the left equal to one and the quote fluctuating on the right, illustrated by eur/usd, usd/jpy, and gbp/usd.

Identify currency pairs by category (majors, minors, and exotics), highlighting seven major pairs with the US dollar, their liquidity and low spreads, and why majors take priority.

Learn how forex traders use long and short positions to buy or sell currencies, such as going long GBP/USD when it rises and going short when it falls.

Master lot size across standard, mini, and micro lots, with 100,000 base currency equaling $10 per pip, 10,000 equaling $1, and 1,000 equaling $0.10.

Leverage lets you control a large market with small capital using multipliers like 1:100 or 1:50, but requires risk management and awareness of the 90-90-90 rule to avoid heavy losses.

Forex trades 24 hours, with opportunities in Sydney, Tokyo, London, and New York sessions, Philippine time. London–New York overlap runs 8 p.m. to midnight Philippine time; avoid the Asian session.

Learn the two types of orders in price action trading: entry orders (market entry, limit entry, and stop entry) and exit orders (stop loss, take profit, and manual close).

Learn how to place a market entry order to buy or sell at the best available current price using metatrader platforms, including one-click trading and new order execution.

Learn how limit entry orders let you buy below price or sell above it, and how to place buy limit and sell limit orders in MetaTrader using pending orders.

Place buy stops above the current price and sell stops below it using MetaTrader, creating pending orders via right-click or F9 that execute when price reaches the level.

Set stop loss and take profit orders, and use manual close to protect capital and realize profits in the MetaTrader platform; learn how to place and adjust these exits.

Explore trader fees charged by brokers for each trade, including spread, commission, and swap, and how these costs vary between brokers.

Understand how spread connects bid and ask in forex, how it varies with price and volume, and how to view spreads on MetaTrader market watch.

Learn to profit in the forex market by predicting price directions. Enter long or short with a trading plan and price action analysis.

Explore three analysis types—technical, fundamental, and hybrid—and see how traders use price action, candlestick indicators, and GDP, CPI, and retail data to guide trading as a business.

Explore the main chart types in trading, focusing on candlesticks and their bullish and bearish forms, plus alternatives like bars, hollow candles, Heikin ashi, Renko, line charts, and TradingView.

Explore how time frames represent trading intervals in candlestick charts, from seconds to years, with common options like hourly, daily, weekly, and intraday 5-, 15-, and 60-minute charts.

Explore how the natural human trader faces pressure and cognitive biases, learns to think differently, and builds objective psychology for consistent profitability in trading.

Develop into the evolved human trader by embracing market randomness, understanding the true nature of markets, and focusing on positive expectancy, risk management, and disciplined execution.

Compare natural and evolved trading mindsets, showing how an evolved trader accepts stopouts, manages risk, monitors price action, and exits to maximize profit.

Develop a strong mental framework and make it a daily routine to reshape your thinking and beliefs. Observe how your mental framework evolves as the foundation of your trading pyramid.

Explore pullbacks as price retracements within trending markets, moving from higher high to higher low in uptrends and from lower low to lower high in downtrends.

Identify swing high and swing low in uptrending and downtrending markets, recognizing higher highs, higher lows, lower highs, and lower lows, and rotation signaling peaks and troughs.

Identify an uptrend by a sequence of higher highs and higher lows, with pullbacks as slow, controlled counter-trend moves, as shown in dollar-yen and gold examples.

Learn to identify uptrends by the major move with higher highs and higher lows, and the inside minor moves or pullbacks within it, illustrated with a dollar-yen example.

Master the uptrend trade concept by using swing highs and higher highs; take quick counter-trend trades against momentum and hold longer with the trend at higher lows.

Identify a downtrend by lower highs and lower lows, with pullbacks from lower low to lower high, and confirm by breaking the lower high, using euro/usd and aud/nzd as examples.

Identify major moves and minor moves in a downtrending market, differentiate lower lows and lower highs, and assess pullbacks to distinguish major from minor moves with examples like aud/nzd.

Down trend termination occurs via change of structure or climactic move. A break of the last lower high and the initial higher high confirms uptrend initiation.

Identify a ranging market when price moves sideways between a high and low with two rejections at the upper and lower extremes, and trade at extremes while avoiding the middle.

Identify and terminate a ranging market by a break of the upper or lower extreme, signaling breakouts or breakdowns, with two rejections and no trading in the range.

Identify that there is no choppy trade concept, and stay out when the market looks choppy.

identify the market condition, uptrend, downtrend, ranging, or choppy, and avoid trading in indecision; if unsure, stay out and move to the next currency pair, then identify the market phase.

Identify the impulsive phase in trending markets, marked by high momentum from higher low to higher high. Trade on impulse with bullish candlesticks for uptrends and bearish candlesticks for downtrends.

Identify the corrective phase in uptrends and downtrends, distinguishing simple pullbacks from complex pullbacks and timing the next impulsive move using price action patterns.

Learn to identify impulse and correction phases across major pairs, like eurusd, nzdusd, gbpusd, and usdjpy, recognizing higher highs and lows and complex corrections to anticipate the next move.

Learn to trade with the trend by buying on short-term weakness in uptrends and selling on short-term strength in downtrends, and identify impulsive and corrective phases plus support and resistance.

Learn how price acceleration signals an impulsive phase with large candlesticks, while deceleration signals fading momentum near support and resistance, guiding traders to hold or manage trades.

Identify deceleration at the end of impulsive moves or pullbacks in uptrends and downtrends, or near upper and lower extremes with support and resistance in ranges.

Learn how price action exhibits deceleration versus acceleration with examples from Bitcoin and major forex pairs. Identify potential reversals and consolidation signals using candlestick patterns and momentum indicators.

Understand how deceleration follows impulse, how pullbacks signal reversals, and the difference between consolidation and ranging, including higher-timeframe implications for trading opportunities.

Identify support and resistance to map market condition and price action, using levels as floor and ceiling, with broken levels becoming new support or resistance.

Explore price action around support and resistance through break and retest, where broken support becomes resistance and broken resistance becomes support, with examples of higher highs and lower lows.

Explore failed breakout and failed breakdown patterns, where price tests resistance or support but lacks follow-through, signaling potential reversals in forex markets through price acceptance and candlestick signals.

Explore price action patterns and common chart patterns like wedges, triangles, flags, head and shoulders, and double tops and bottoms, to read the market and anticipate trends.

Explore how falling, rising, ascending, and descending wedges, plus symmetrical triangles, signal price action continuations or reversals, with breakout confirmation, invalidation points, and measured-move targets.

identify bull and bear flag patterns formed after impulse moves and complex pullbacks, and use breakout or breakdown signals to target immediate resistance or support and a measured move.

Master the head and shoulders reversal pattern, including flat, upsloping, and downsloping neckline variations, with breakout confirmations and measured-move targets.

Identify the double top and double bottom reversal patterns after trending markets, confirm with a breakout or breakdown, invalidate above or below the pattern, and project a measured move target.

Price action drives market movement and chart patterns derived from it offer repeatable insights, but use them with confirmation from support, resistance, candlesticks, and market conditions.

Explore how candlestick analysis integrates with support and resistance, market condition and phase, and confirms impulsive moves through deceleration, while emphasizing context and location.

Learn the components of a candlestick, including the body, upper and lower wicks, and how opening and closing prices define bullish or bearish candles on a daily time frame.

Recognize that a single candlestick carries minimal significance; rely on candlestick patterns only after moves to strong support and resistance, with confluence factors within the right market context.

Explore bullish and bearish marubozu candles, with large bodies and little shadows, signaling momentum and continuation after a move, while noting they gauge continuation rather than buy or sell signals.

Identify a doji as a neutral candlestick signaling indecision between buyers and sellers, with potential reversal or continuation when the price breaks the upper or lower wick in context.

Explore morning star and evening star candlestick patterns, three-candle reversals signaling upside or downside moves near support or resistance.