In this bonus course, I'm going to teach you everything you need to know about price action and price action trading. What is price action and what does it tell us? Price action forms the basis for all technical analyses of a stock, commodity or other asset
charts.
Many short-term traders rely exclusively on price action and the formations and trends extrapolated from it to make trading decisions. Technical analysis as a practice is a derivative of price action since it uses past prices in calculations that can then be used to inform trading decisions. Price action can be seen and interpreted using charts that plot prices over time.
Traders use different chart compositions to improve their ability to spot and interpret trends, breakouts and reversals. In addition to the visual formations on the chart, many technical analysts use price action data when calculating technical indicators.
The goal is to find order in the sometimes seemingly random movement of a price