5 Price Action Rules EVERY Trader NEEDS To Know

Price action describes the characteristics of a security’s price movements. This movement is quite often analyzed with respect to price changes in the recent past. In simple terms, price action is a trading technique that allows a trader to read the market and make subjective trading decisions based on the recent and actual price movements, rather than relying solely on technical indicators.

Price Action Rules

0:00 Introduction to Price Action Rules
1:15 Trendline Rule
5:59 Don't Counter Trend Trade
8:25 Trading Range Rule
12:46 High Probability Setup Rule
17:23 Signal Bar Rule
18:26 Rules For Trading Trading Ranges
23:14 Rules For Trading Uptrends
26:47 Rules For Trading Downtrends

1) Trendline Rule
2) Don‘t Counter Trend Trade
3) Trading Range Rule
4) High Probability Setup Rule
5) Signal Bar Rule

The only people who know where the market is heading are institutions. They are the ones who make the market move and our job as retail traders is to follow their footsteps and get the piece of their movement. As price action traders we need to find the most profitable ways to enter trades. The highest probability setups are 2nd entries at the key entry points.

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[mojospree]

Been trading for 25 years. If I had to recommend a single video to a beginner trader, this is the one.

[noblebach]

To whoever reading this, never stop chasing your dreams you can do it . Keep pressing and thriving you will make it ! Consistency is the key to achieve your goals

[henrymatthew]

The best investment one can do right now is investing on Forex trading though stocks are good but ever since I swapped to Forex, I've seen so much difference

[ivankagel]

Starting early is simply the best way of getting ahead to build wealth, investing remains a priority . I learnt from my last year's experience, I am able to build a suitable life beause I invested early ahead this time .

[theresagarcia]

"From my perspective, this highlights the importance of having a competitive advantage as investors. Merely mirroring the market strategies of others is insufficient in achieving optimal results. I am currently grappling with the decision to invest in the current market, as it presents both uncertainty and opportunity. Could you share your insights on this matter?

[M_Harry]

<<>>You may never know the value of that €1 you have until you go bankrupt, the bad experience I had last year really made me feel that our programs schools must contain more financial knowledge and education. It is never enough to have a good job, a huge salary and all the luxuries at your disposal. But saving money and investing wisely is never a bad idea, ... I learned how to invest, no matter how little, but life really believed me in the long run. Thank you for the nice video, it's always interesting to watch your content > <>

[amandadarden]

In Today’s era of volatility, there is no other way but to re-invent. the only sustainable advantage you can have over others is agility, that’s it. Because nothing else is sustainable, everything else you create, somebody else will replicate

[Eli-ggzd]

This has to be one of the most honest approaches to educating traders that I have seen. No wishful thinking, no get rich promises, just a clear and concise strategy that asks for only one thing - patience. And that’s the main reason why most will fail in following these guidelines. Thank you all the same - I’m sure that at least 5% will benefit.

[darnellcapriccioso]

Wall Street pitched so-called quality stocks with high profitability and low debt, as a kind of insurance against whatever the economy might throw at you. Quality stocks have underperformed the S&P500 this year, My $400k portfolio is down by approximately 20 %, any recommendations to scale up my ROI before retirement will be highly appreciated.

[quizchampionsenglish]

i watched your video 3 times this morning, and i traded today live with a small amount to test it, 30 dollars, i finished doing 50% of return which i never made in 1 month as a beginner trading that just started learning. God bless you Thomas.

[camilascarlett]

I started investing when I was 27, mostly through sweat equity. I just turned 32 and this last month was the first time that my passive income broke $100k for the month. This is solid advice! DO IT!

You don’t have to get rich quick, you just have to get RICH no matter what. 👍🏼

[financejunk]

This is how a good teacher teaches. Comes prepared, shows content on screen to read and diagram to look, steady pace and structured content. Love you Thomas keep them coming.

[amirperrymusic]

I’ve been watching a lot of content on price action. This is by far the best one I’ve seen. I love the way you explained everything. So easy to follow. Thank you for taking out the time to do this. It is appreciated!!

[Jared_Idk]

This is probably the most educational video about fundamental analysis on youtube, all of the other people just spit out the same exact basic information and waste your time. I learned so much from this video that i kept on rewatching small sections and rewatched the entire thing a second time to really grasp what you were saying, Thank you

[castaneda]

I had problem comprehending trading in general. I tried watching other YT trading channels, but they made the concepts more complicated. I was almost giving up until when I discovered your channel. I love the way you break down the content and explain everything in detail. The videos are easy to follow.

[noobicorn_gamer]

Trustworthy comment or not, this video BY FAR is one of the best vids out there that will help NEW TRADERS to learn about the BASICS of trading. Kudos to you to have made a video that's straight to the point, no bs, no stupid indicators and whatnot, and just straight up explains (albeit discretely) about psychology trading. I'm happy there are more than 423k views on this now. This won't make you a better trader instantly; it will however educate you in the necessary foundation of what trading is all about.

[alyssaholt]

*When it comes to trading and becoming a successful crypto investor, motivation gets you started, good habits, determination and commitment keeps you going*

[trashpandacentral]

“Markets are designed to make countertrend entries favorable and with trend pullbacks look sketchy” truer words have never been spoken. It’s so easy to trade countertrend and so hard to stay in a with trend trade for this reason. We have to remember that if it’s easy, it’s a trap. The money is trading the difficult.

[MOTWMB]

I just made 2k not taking the first breakout, or even the retest of the downtrend, but for a new low to form
Strategy officially goated

[CryptocurrencyProfitss]

As a trader, it's easy to get caught up in the noise of the market. This video serves as a much-needed reminder to focus on the fundamentals: price action. The explanation of trading range rules and the importance of waiting for high-probability setups are invaluable. Definitely a must-watch for traders at any level!