149.9 Minutes (2hr: 58 minus)
8 Lessons
Nepali
Price action trading is a strategy in forex & Nepse that focuses on analyzing historical price movements to make trading decisions without relying on indicators. Instead of using complex technical indicators, price action traders study price charts and patterns such as candlestick formations, support and resistance levels, and trendlines to identify potential market movements. This approach allows traders to gain insights directly from market activity and behavior.
A complete price action forex trading strategy involves understanding key elements like support and resistance levels, which represent zones where the price is likely to reverse or pause. Traders also look for specific *candlestick patterns such as pin bars, *engulfing candles, and *inside bars, which signal potential market reversals or continuations. *Trend analysis is another core component, where traders identify upward, downward, or sideways trends to align their trades with the overall market direction.
By focusing on pure price movement and avoiding indicator lag, price action trading can offer a clearer and more direct view of market conditions. Traders use this method in all market conditions, whether trending, consolidating, or ranging, making it a versatile strategy. Mastering price action trading requires practice, but it can provide a highly effective and disciplined approach to forex trading.
With six years of forex & Stocks trading experience, I specialize in fund management, mentoring students, and providing high-quality trading signals. My approach focuses on delivering the best strategies and tactics, equipping traders with the knowledge and confidence needed to navigate the forex market successfully.