The Art of Forex: Price Action in Action

About Course

This Basic Forex Course with Price Action is designed to help beginners understand how to trade the Forex market using pure price action strategies. You will learn how to read price charts, identify trends, spot high-probability trade setups, and manage risk effectively—without relying on indicators. This course focuses on practical, easy-to-apply techniques that work across different market conditions.

How the Forex market works and how to trade it effectively
Understanding and analyzing price action on charts
Identifying key support and resistance levels
Trading with candlestick patterns and price structures
Using trendlines, breakouts, and pullbacks for better trade entries
Risk management strategies to protect your capital
How to build and follow a price action-based trading plan
Managing emotions and psychology in trading
Adapting price action techniques to different market conditions

Course Content

Introduction to Forex Trading

Overview of the Forex market and its structure
Understanding currency pairs and how they are quoted
The role of brokers, spread, and leverage in Forex

The Basics of Price Action

Candlestick Patterns for Forex Trading

Support and Resistance Levels in Forex

Market Trends and Trendlines

Timeframes in Forex Price Action

Price Action Reversals and Continuation Patterns

Role of Volume in Price Action Trading

Entry and Exit Strategies Using Price Action

Risk Management in Forex Trading

Psychology of Forex Trading

Price Action in Forex Scalping

Multiple Timeframe Analysis in Forex

Fakeouts and Breakouts in Forex

Pullbacks and Retracements in Forex

Price Action and Market Sentiment

Confluence in Price Action Trading

Building a Forex Trading Plan Using Price Action

Backtesting and Strategy Optimization

Advanced Price Action Concepts for Forex

Forex Trading Tools and Platforms for Price Action

Managing Trades and Adjusting Stop Losses

Risk-to-Reward Ratio and Position Sizing

Trading Forex During News Events

Review and Refining Your Price Action Strategy

Student Ratings & Reviews

4.5

Total 2 Ratings

1 Rating

0 Rating

6 years ago

The course is extraordinary!!
It explains everything from A to Z regarding Nutrition and also there are some very valuable workout tips.
Great job!

6 years ago

Absolutely fantastic!! Thanks so, so much Felix for your concise, practically useful and well informed course.

About Course

What Will You Learn?

Course Content

Introduction to Forex Trading

Overview of the Forex market and its structure

Understanding currency pairs and how they are quoted

The role of brokers, spread, and leverage in Forex

The Basics of Price Action

What is price action and why it’s vital in Forex

Differences between price action and indicators

How to read a Forex chart (open, high, low, close)

Candlestick Patterns for Forex Trading

Key candlestick patterns: Doji, Engulfing, Hammer, Shooting Star, etc.

Understanding the significance of candlestick formations in price action

Support and Resistance Levels in Forex

Identifying major support and resistance levels

How to trade bounces and breakouts from these levels

Market Trends and Trendlines

Understanding trends (up, down, sideways)

Drawing trendlines and identifying trend reversal points

Using trendlines for setting stop loss and take profit levels

Timeframes in Forex Price Action

The importance of selecting the right timeframe for your trades

Analyzing price action across different timeframes for confirmation

Price Action Reversals and Continuation Patterns

Identifying reversal patterns (Head & Shoulders, Double Top/Bottom)

Recognizing continuation patterns (Flags, Pennants, Triangles)

Role of Volume in Price Action Trading

How volume confirms price moves and strengthens trade signals

Recognizing divergence between price and volume for trend reversal signals

Entry and Exit Strategies Using Price Action

Identifying high-probability entry points based on price action signals

Setting stop loss and take profit using price action-based support and resistance levels

Risk Management in Forex Trading

Calculating position size based on risk tolerance

Importance of setting stop losses and protecting capital

Managing risk-to-reward ratio for consistent profitability

Psychology of Forex Trading

Understanding the impact of trader psychology on decision-making

Developing discipline to follow price action strategies without emotional interference

Price Action in Forex Scalping

Introduction to scalping strategies using price action

How to take advantage of small price movements with minimal risk

Multiple Timeframe Analysis in Forex

Using multiple timeframes to confirm trade direction

Identifying high-quality setups across different timeframes

Fakeouts and Breakouts in Forex

Identifying false breakouts and how to avoid them

How to trade genuine breakouts using price action confirmation

Pullbacks and Retracements in Forex

Understanding pullbacks and how they offer good entry points in trending markets

Using Fibonacci retracements to assist with entry and exit points

Price Action and Market Sentiment

Reading price action to understand market sentiment (bullish or bearish)

How to react to news events and geopolitical developments using price action

Confluence in Price Action Trading

Combining price action signals from candlesticks, support/resistance, and trendlines for stronger trade setups

Building a Forex Trading Plan Using Price Action

Structuring a trading plan around price action techniques

Setting clear rules for entry, exit, risk management, and trade review

Backtesting and Strategy Optimization

How to backtest your price action strategies on historical data

Optimizing trading strategies through performance analysis

Advanced Price Action Concepts for Forex

Advanced candlestick formations: Inside Bar, Pin Bar, and Engulfing setups

Understanding and using Price Action Confluence for high-probability trades

Forex Trading Tools and Platforms for Price Action

Choosing the right trading platform for price action analysis

Utilizing charting tools, drawing tools, and Forex indicators in conjunction with price action

Managing Trades and Adjusting Stop Losses

Techniques for managing trades once open (trailing stops, breakeven points)

Adjusting stop loss and take profit levels as price moves

Risk-to-Reward Ratio and Position Sizing

Understanding the importance of risk-to-reward ratios in every trade

How to calculate position size based on stop loss and trade risk

Trading Forex During News Events

The impact of news releases on Forex markets

How to use price action to trade around major news events

Review and Refining Your Price Action Strategy

How to assess your trading performance and refine your strategy