Unlocking the Secrets of Price Action Trading: Develop Your Edge and Dominate the Markets ๐งฒ $SPY $QQQ
A short thread ๐งต into Price Action Trading and how you can spot institutional buying & selling in the markets, live examples are included! ๐
:๐งตโฌ๏ธ
A short thread ๐งต into Price Action Trading and how you can spot institutional buying & selling in the markets, live examples are included! ๐
:๐งตโฌ๏ธ
In this thread, I will dive into the concepts of Price Action Trading & explore how you can spot institutional activity in the markets ๐๐
If you want to take your trading skills to the next level and gain an edge, this thread is for you!
Let's get started! ๐
(Real Examples)
If you want to take your trading skills to the next level and gain an edge, this thread is for you!
Let's get started! ๐
(Real Examples)
The Basics: What is Price Action? ๐ค๐
Price Action involves comprehending the raw charts without relying on indicators or patterns
Instead, it's about interpreting the market behavior and understanding how the various elements come together to create meaningful conclusions
โฌ๏ธ
Price Action involves comprehending the raw charts without relying on indicators or patterns
Instead, it's about interpreting the market behavior and understanding how the various elements come together to create meaningful conclusions
โฌ๏ธ
Traders who focus on Price Action understand the psychology of market participants and the patterns they leave behind on price charts
โ๏ธ No fancy indicators or complex formulas here!
It is a powerful approach to analyzing financial markets based solely on the movements of price
โ๏ธ No fancy indicators or complex formulas here!
It is a powerful approach to analyzing financial markets based solely on the movements of price
What moves markets? ๐
The driving force behind price movements is fear and greed
Rising prices show buyer aggression, & falling prices indicate seller aggression ๐๐
Market orders placed by these aggressive buyers and sellers are what ultimately push the price up or down
The driving force behind price movements is fear and greed
Rising prices show buyer aggression, & falling prices indicate seller aggression ๐๐
Market orders placed by these aggressive buyers and sellers are what ultimately push the price up or down
The market is dominated, moved, & manipulated by just a few big financial institutions
Therefore you can see that we as retail are both relatively small
We can't move the price and manipulate the market, but we can watch and react to the big institutions
How do we do so? ๐
Therefore you can see that we as retail are both relatively small
We can't move the price and manipulate the market, but we can watch and react to the big institutions
How do we do so? ๐
Three ways to spot institutional activity in price action:
1) Sideways Price Action (Accumulation)
2) Aggressive Activity (Fast Price Movements)
3) Strong Rejections (Supply & Demand)
Let's look at some examples! โฌ๏ธ
1) Sideways Price Action (Accumulation)
2) Aggressive Activity (Fast Price Movements)
3) Strong Rejections (Supply & Demand)
Let's look at some examples! โฌ๏ธ
1) Sideways Price Action (Accumulation):
Look for sideways price action (flags)
These are very notable places because institutions are accumulating their positions in these areas
The only way they can slowly and discreetly accumulate their position is in sideways price action
Look for sideways price action (flags)
These are very notable places because institutions are accumulating their positions in these areas
The only way they can slowly and discreetly accumulate their position is in sideways price action
2) Aggressive Activity:
Strong trend areas or fast price movements are always caused by aggressive buyers or sellers
It is the aggression of institutions that moves the price up or down
After accumulating Institutions manipulate prices via aggressive buying/selling to profit
Strong trend areas or fast price movements are always caused by aggressive buyers or sellers
It is the aggression of institutions that moves the price up or down
After accumulating Institutions manipulate prices via aggressive buying/selling to profit
3) Strong Rejections (Supply & Demand):
Charts will often show areas where price strongly rejects moving in a certain direction
These rejections indicate potential supply/demand imbalances in the market
Institutional traders making significant moves can create these rejections
Charts will often show areas where price strongly rejects moving in a certain direction
These rejections indicate potential supply/demand imbalances in the market
Institutional traders making significant moves can create these rejections
The Edge of Price Action Trading: ๐ง ๐ญ
Price Action Trading isn't just about identifying patterns
It's about understanding the underlying motivations behind those patterns
By interpreting market psychology & recognizing institutional activity, you gain an edge in the markets!
Price Action Trading isn't just about identifying patterns
It's about understanding the underlying motivations behind those patterns
By interpreting market psychology & recognizing institutional activity, you gain an edge in the markets!
Educate yourself about candlestick patterns, support and resistance levels, and trendlines ๐
Practice on demo accounts to gain experience and build confidence
Remember, mastering Price Action Trading takes time, dedication, and continuous learning ๐
Practice on demo accounts to gain experience and build confidence
Remember, mastering Price Action Trading takes time, dedication, and continuous learning ๐
To Sum Up:
Spotting institutional activity through sideways action, aggressive moves, & strong rejections can give you a significant advantage
Stay committed to learning, stay disciplined, and you'll be better equipped to dominate the markets!
Spotting institutional activity through sideways action, aggressive moves, & strong rejections can give you a significant advantage
Stay committed to learning, stay disciplined, and you'll be better equipped to dominate the markets!
That's a wrap!
I hope this simple thread helped someone, RT or like if useful, it is much appreciated ๐
Please don't hesitate to ask questions ๐
Happy trading!
I hope this simple thread helped someone, RT or like if useful, it is much appreciated ๐
Please don't hesitate to ask questions ๐
Happy trading!
As always, to end this thread, I will leave you with a few follow suggestions: โ๏ธ
@DBookTrading: Volume
@ThiccTeddy: Volume
@fabiansoss: Volume
@AllllSevens: Volume
@notmrmanziel: Edu
@Jduntrades: Edu
@RockyBTrades: Edu
@Braczyy: Edu
@TSDR_Trading: Edu
LMK if I miss any!
@DBookTrading: Volume
@ThiccTeddy: Volume
@fabiansoss: Volume
@AllllSevens: Volume
@notmrmanziel: Edu
@Jduntrades: Edu
@RockyBTrades: Edu
@Braczyy: Edu
@TSDR_Trading: Edu
LMK if I miss any!
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