Part 2 - Characteristics Of Price Action
Chart Setup Tutorial
We run through a quick tutorial on setting up your charts along with the importance of keeping charts clean and minimalist. These tiny actions can make or break a trader so don’t take this section lightly.
Duration: 10 mins.
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Waves, Structure and Fractals
We breakdown price waves and explain how, using their fractal nature, we begin to combine these waves into what we call price structure. These structures then become the foundations from which we build our analysis and begin planning and executing trades with optimized entry points, stop losses and price targets.
Duration: 19 mins.
Identifying Corrective Price Action Part 1
We run through the first two key characteristics of price structure, range & time. We then explain the importance of these characteristics in ensuring that you are analyzing corrective price action of the right degree.
Duration: 32 mins.
Identifying Corrective Price Action - Part 2
In this lesson, we move onto the third characteristic of corrective price action - structure. We walk you through the 3 different structural aspects that make up a complete correction and explain some of the identifying characteristics of those aspects. This section becomes the foundation of identifying specific price patterns.
Duration: 51 mins.
Impulse Characteristics
Following on from the Characteristics of Corrective Price Action, we delve into the characteristics of Impulsive price action. Starting off with the different types of impulse patterns, we then move on to the importance of alternation and finish off using corresponding impulses of a structure to determine price targets.
Duration: 29 mins.
IDENTIFYING Highs & Lows
Identifying key turning points on any chart is vital when constructing price structures. We run through some important aspects to consider when identifying highs & lows and move on to the importance of trading clean price action.
Duration: 21 mins.