Price Action Resources | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

MT4 programming resources 44 replies

Updated beginner resources 3 replies

Forex Resources - What made you a good Trader? 12 replies

Useful Resources for Newbies/Traders 7 replies

Attachments: Price Action Resources
Exit Attachments

Price Action Resources

  • #1
  • First Post: Oct 12, 2019 2:19pm Oct 12, 2019 2:19pm
Hello there guys.
I have been searching FF for a forum which has some good resources on price action; however i dont think the threads ask the question properly.
So what i would like to ask of you guys is for you to post the price action resources which you could not have done with out or which helped you become profitable.
So far i have the book, Japanese Candlestick Charting Tecniques and i am working my way through that. I'd just like to know what you guys think are other good books / sites / videos, or whatever. So feel free to post what ever you feel will help me, and others out!
Cheers.
  • #2
  • Oct 13, 2019 7:57am Oct 13, 2019 7:57am
Hi Bud,

For price action it is kinda hard to tell you what is best or not best for price action What I would suggest is download the Zip file i sent use this to know how to set up https://www.fxblue.com/appstore/u39/...tor/user-guide

This is my personal approch as all traders are different - But if not.

Try learning HH HL
Trendlines
S&R
and candlesticks which you are learning anyways!

Hope this helps

Also uploaded A HH HL LL LH Indicator for you
Attached File(s)
File Type: zip FXBlueTradingSimulatorv3forMT4Setup.zip   2.1 MB | 388 downloads
File Type: mq4 sangmane-hl-indicator.mq4   3 KB | 445 downloads
  • #3
  • Oct 13, 2019 8:28am Oct 13, 2019 8:28am
Hello Jaricho
for the PA phase of your journey I would recommend Al Brooks,
Personally I do not trade PA but I am eternally grateful to Al for his trade management philosophy on assumed risk and actual risk. I am sure many traders could turn their trading around, no matter the strategy, if they manage with this concept.
  • #4
  • Oct 13, 2019 10:24am Oct 13, 2019 10:24am
Quoting theunkown
Hi Bud, For price action it is kinda hard to tell you what is best or not best for price action What I would suggest is download the Zip file i sent use this to know how to set up https://www.fxblue.com/appstore/u39/...tor/user-guide This is my personal approch as all traders are different - But if not. Try learning HH HL Trendlines S&R and candlesticks which you are learning anyways! Hope this helps Also uploaded A HH HL LL LH Indicator for you {file} {file}
Thank you very much, i will have a look.
Yes, i do know allot of price action anyway i'd just say that i have missed parts out of my learning of it. I have been researching it for the past year and a bit religiously; therefore i do know about a few patterns / trendlones / s&r i just cant seem to add it all together!
  • #5
  • Oct 13, 2019 10:25am Oct 13, 2019 10:25am
Quoting Squiggles
Hello Jaricho for the PA phase of your journey I would recommend Al Brooks, Personally I do not trade PA but I am eternally grateful to Al for his trade management philosophy on assumed risk and actual risk. I am sure many traders could turn their trading around, no matter the strategy, if they manage with this concept.
Thank you i will have a look at him and his books. If you do not trade PA do you trade fundamentals? Or just use indicators. Thanks
  • #6
  • Oct 13, 2019 11:10am Oct 13, 2019 11:10am
Quoting Jaricho313
{quote} Thank you i will have a look at him and his books. If you do not trade PA do you trade fundamentals? Or just use indicators. Thanks
Your welcome, youtube is easier than books, to keep thread on topic Ill PM your other questions.
  • #7
  • Edited 3:31pm Oct 13, 2019 3:18pm | Edited 3:31pm
Google Shane Blankenship, he teaches price action(bar by bar).
  • #8
  • Oct 13, 2019 3:30pm Oct 13, 2019 3:30pm
Quoting Jami
Google Shane Blakenship, he teaches price action(bar by bar).
thank you very much i will have a look.
  • #9
  • Oct 13, 2019 3:39pm Oct 13, 2019 3:39pm
Quoting Jaricho313
{quote} thank you very much i will have a look.
In my humble opinion, one of the best readers of price action on this site is Abe16. Have a look at his thread, https://www.forexfactory.com/showthread.php?t=921073
  • #10
  • Oct 17, 2019 1:14am Oct 17, 2019 1:14am
Price action is all about telling what market is doing. We know Forex market is highly volatile and unpredictable. That's why it important to checkout price action for making better trading decision.
  • #11
  • Oct 17, 2019 12:11pm Oct 17, 2019 12:11pm
Quoting dextormason
Price action is all about telling what market is doing. We know Forex market is highly volatile and unpredictable. That's why it important to checkout price action for making better trading decision.
Would you say you can use only price action for profitable trading?
  • #12
  • Oct 17, 2019 1:08pm Oct 17, 2019 1:08pm
Quoting Jaricho313
{quote} Would you say you can use only price action for profitable trading?
Most definitely, as long as you develop the skills to actually read price bar by bar or swing by swing, it is possible to trade profitably with the simple movement of price. Of course you will also need to focus on MM and psychology.
  • #13
  • Oct 17, 2019 1:18pm Oct 17, 2019 1:18pm
Quoting Jami
{quote} Most definitely, as long as you develop the skills to actually read price bar by bar or swing by swing, it is possible to trade profitably with the simple movement of price. Of course you will also need to focus on MM and psychology.
Yes this is what i believe. However i do struggle to find some good resources.
  • #14
  • Oct 17, 2019 3:35pm Oct 17, 2019 3:35pm
Did you try the free videos of Shane B on Youtube?
  • #15
  • Oct 17, 2019 7:21pm Oct 17, 2019 7:21pm
Quoting Jaricho313
{quote} Yes this is what i believe. However i do struggle to find some good resources.
I appreciate the "plug" by Jami but I pale in comparison to Shane. IMHO price action is the key to becoming profitable no matter what method or strategy one employs.. Shane Blankenship is an excellent resource to learn price action. He very recently separated from www.marketgeometry.com and Tim Morge to develop his own style on his own website (www.languageofmarkets.com). Shane has a great deal to offer in terms of median lines but he spends much time on price action exclusive and inclusive of median lines.

You can gather much without subscribing and paying but it is worth it to pay a few months. I was a member for about 3 years and only recently suspended my subscription as I felt most of the material was a review for me. I will probably rejoin at some time to see what's new.
Freedom is not free
  • #16
  • Oct 18, 2019 12:25am Oct 18, 2019 12:25am
Quoting Jami
Did you try the free videos of Shane B on Youtube?
I tried to find him however i could not. Is there a possibility of you posting a link to him for me? It would be very helpfull thanks.
  • #17
  • Oct 18, 2019 12:29am Oct 18, 2019 12:29am
Quoting Abe16
{quote} I appreciate the "plug" by Jami but I pale in comparison to Shane. IMHO price action is the key to becoming profitable no matter what method or strategy one employs.. Shane Blankenship is an excellent resource to learn price action. He very recently separated from www.marketgeometry.com and Tim Morge to develop his own style on his own website (www.languageofmarkets.com). Shane has a great deal to offer in terms of median lines but he spends much time on price...
Thank you for your input abe16. Nice to know somebody who is seen as someone else to be a good trader is here! I will have a look at his website and his free information and see if i like his teaching style. If i do however i might think about investing in the subscription for a month to see what it is like as you believe this helped you out allot. Thanks
  • #18
  • Oct 18, 2019 2:33am Oct 18, 2019 2:33am
Quoting Jaricho313
{quote} I tried to find him however i could not. Is there a possibility of you posting a link to him for me? It would be very helpfull thanks.
I have no commercial affiliation or any other interest with this site.
Inserted Video
  • #19
  • Oct 18, 2019 2:47am Oct 18, 2019 2:47am
This video is even better.
Inserted Video
  • #20
  • Oct 19, 2019 4:37am Oct 19, 2019 4:37am
Quoting Jami
This video is even better. https://www.youtube.com/watch?v=hm7voU9U20E
Thank you very much i will have a look now
0 traders viewing now