Price Action

For years, I got up early and religiously watched the news trying to gain some insight or edge before I would begin my trading day. While working out or riding my stair stepper I would soak up the financial news, all the while, thinking I was learning something of value that would pay off for […]

This is a guest article form another price action trader. Thanks to Big Swiss for his contributions. This series of articles explores the foundations of Price Action and why it works. I also wanted to provide a framework for others to begin to understand and explore these aspects without having to be an expert. With

Many day traders have the wrong idea about price action trading, and actually confuse price pattern trading with price action trading.  Make sure that you do not confuse price action patterns with price action trading, because they are not one and the same thing.  Now that we have made this statement, you might be wondering

All price charts, regardless of market, speak a language all their own.  If you have been trading for any length of time, you have likely heard people talk about price action trading, but did you know that you can actually learn the language of charts with price action trading?  That’s right, you can learn to

One thing that confuses many new traders is the fact that price action is not just for day trading.  New traders and even long time traders that are not yet profitable simply do not understand the importance of price action trading, which in reality is nothing more than the ability to read a naked price

Most people that are interested in learning to day trade have now likely heard or read about price action trading.  However, many still ask me the question:  Why Price Action Trading?  There are actually many variables as to why we prefer price action trading, but the number one reason is because we believe that it

Is price action random, or is there order in the markets?  I have heard arguments for and against, but many are fooled and just plain wrong if they believe that price action is random in any market.  While it is true that there is some very short term noise in almost any market, there is

If you follow our teachings or have read many of our free articles on price action here on our website, then you already know that we believe that price action is the most important tool available to a day trader.  If you aren’t a regular here, then let me explain why our price action trading

We are often asked the question here at Price Action Trading System:  Is price action trading the same as chart pattern trading?  While we as price action traders are interested in seeing certain set ups on our chart before entering, it is much more complex and much different than looking for wedge patterns, head and

If you are a follower of our work and price action teaching strategies, then you have heard us say it often, and that is the fact that the only way to truly make money consistently as a day trader is to learn to read a price chart or learn to trade on the price action