Once You Understand Price Action, Trading Becomes Almost Too EASY

0:00Once you understand what price is

0:02actually telling you, [music] trading

0:03becomes almost too easy. Most struggling

0:07traders think they need to add another

0:08indicator, another strategy, or more

0:10analysis. But after 18 years of trading,

0:14my biggest breakthrough came when I

0:16stopped trying to predict the market and

0:18started reading what the price was

0:20actually showing me. I trade live in

0:22front of a 100,000 traders each week.

0:24[music] And right now we're sitting at

0:2736 wins and just five losses. Those

0:30results come from understanding market

0:32structure, trend, momentum, and the key

0:35levels where buyers and sellers step in.

0:38In this video, I'll teach you exactly

0:41how I read price action, and later I'll

0:44show you some live trades. So, smash

0:47that like button, subscribe to the

0:48channel, watch the disclaimer, and let's

0:50jump right into trading results.

0:55This is a member's live trading account

0:58using my trading system. It started on

1:00July 1st and it just broke 1,000% with

1:04the entire result being verified live on

1:07my FXbook. And here is one of my own

1:09live accounts from this past week. These

1:12performance numbers are verified, but

1:15past performance does not guarantee

1:17future results. Now that you've seen

1:18these concepts applied to real verified

1:21accounts, let me teach you price action

1:23from the perspective of an 18-year

1:25trader. And later in the video, I'll

1:27show you some live trades. But first, if

1:29we want to read price action, we need to

1:31identify the trend. Now, before we hit

1:33the charts, know that I'm using my price

1:35action trading concepts on all of these

1:38assets, gold, Bitcoin, oil, forex,

1:41futures, everything. And I'm trading

1:42them predominantly in the London and New

1:44York sessions. Every day before I take a

1:47trade, the first thing I look for is an

1:49obvious trend because I always want to

1:52trade in the direction the market is

1:54already moving. I establish the trend by

1:57spotting a 1 2 3 move in the markets. An

2:01impulse, a pullback, and another impulse

2:04that breaks previous structure. This

2:07one, two, three move establishes that

2:09the buyers are in control of the market.

2:12So, what should I be doing next? Well, I

2:14should be looking for buy trades. I can

2:16set up a level of demand down here. And

2:19I can set up a flip zone right here,

2:21right at the previous high that was just

2:23taken out by this price move. Then I

2:26simply wait for the next pullback to

2:28come to either of my levels where I

2:30could consider getting into a buy

2:32trading position. Now, before I get

2:34ahead of myself, don't worry. I will

2:36teach you all about these points of

2:38interests, where I get into a trading

2:40position in step three further in

2:42detail. So now we can see price push up

2:45and smash our takerit right there

2:47because we traded with the trend. Now

2:49what do we do if price pulls back to

2:51this level again? Well, you can see we

2:53had another break of structure right

2:55here. So we are still in that uptrend.

2:57So we can actually take another buy

3:00position right here. And if you come to

3:01the left side of your screen here and

3:03you take the Fibonacci retracement tool

3:05and measure it from the bottom of the

3:07recent move up to the top, you can see

3:09that this recent retracement right here

3:11is a very deep pullback almost to 100%

3:16and anything that is below 50% is

3:18considered a discount in price.

3:21Obviously, we always want to enter our

3:23trades when price is discounted. Now,

3:25this time it's a little bit different

3:27because you can see price pushed up and

3:29it didn't actually hit our takerit and

3:32we didn't get a break of structure

3:34either. So, what are we doing here?

3:35Should we panic? Should we close out the

3:37trade? No. As long as price doesn't

3:40close beneath this level right here,

3:42right? As long as this price doesn't

3:44close beneath this level right here,

3:46then we should stay in the uptrend and

3:48not have price go against us here. So,

3:50we hold strong. We let the position play

3:53out. And inevitably here it smashes our

3:55takerit. So even though our first move

3:58up here didn't hit our takerit, as long

4:00as it didn't close beneath this level

4:03right here, it's actually just an

4:04extended pullback. So instead of the

4:06pullback just being kind of this short

4:08little move we see here, the pullback is

4:10actually all of this right here. By now,

4:13you could see how trading with the trend

4:15helps me consistently win trades like

4:17these. But before I jump into the sell

4:19example, I want you to tell me something

4:21you're working on with your trading

4:23right now in the comments for your

4:25chance of winning one of six free spots

4:27in my VIP trading room. Now, let's get

4:29into the sell example. We have our 1,

4:31two, three move right there,

4:33establishing the downtrend. Maybe we

4:35mark out this swing low right here, this

4:38level of support, flipped resistance,

4:40and pull that across and we consider

4:42getting into a sell trade at that level

4:45right there. smash our takerit. Now, as

4:48we continue this trend along, you can

4:51see we make a low here, we make a new

4:54high here, and then look, the swing low

4:57right here doesn't get taken out, and

4:58then price pushes all the way up here.

5:00And this is now step two, trend

5:03reversals. It's important to understand

5:06when the trend is reversing. So, I'll

5:08explain it very simply. We've got a

5:10swing low, a swing high, a swing low, a

5:12swing high, a swing low. We make our new

5:15swing high. We come down here and we

5:17don't take out the previous swing low

5:20right here. Right? We don't take it out,

5:22right? Price does not come below that

5:24level and take it out. Instead, price

5:26reversed up here. And when it reversed

5:29up there, what happened? We took out the

5:32previous high. We took out the high. And

5:35as soon as that level is taken out right

5:37here, some people would say this level

5:39right here. Either way, the downtrend is

5:42now over. We are reversing. We are now

5:45in the uptrend. And if you want, you

5:47could swing this zone all the way across

5:50right here. This level that was used as

5:52resistance here can now be flipped back

5:55to support and used for buy trade

5:58opportunities because the trend has

6:01reversed. It is no longer in the

6:03downtrend. It is now in the uptrend

6:05because we took out this high when this

6:09candle right here closed above it. And

6:12so now we know we want to buy in the

6:14uptrend, we want to sell in the

6:15downtrend, and we want to keep our eye

6:17out for these reversals so that we're

6:19always on the right side of the market.

6:22But where are we placing our trade?

6:24What's the point of interest? Where do I

6:26draw these boxes to take buys and sells

6:28from? Well, that's step three, and let's

6:30get into it right now. Now, I'm going to

6:32show you the main areas I enter trades

6:34every single day with three trending

6:37examples and one reversal example. So,

6:40first let's take a look at our 1 2 3

6:42move right here. This establishes our

6:45uptrend. And then we're looking for our

6:47point of interest. So, my first point of

6:49interest would be a level of demand.

6:52Okay, a level of demand, institutional

6:54demand is when I see a bunch of huge

6:57green candles in a row pushing the price

7:00up because only institutions can push

7:03the price up this aggressively. I want

7:05to see the creation of fair value gaps.

7:08These are candles with huge imbalance.

7:11There's no wick coming down on this

7:13candle. There's no wick coming up on

7:15this candle creating a huge imbalance

7:18here. That tells me we have

7:20institutional demand. That means smart

7:23money likes this level. I also need to

7:25see the break of structure. So this move

7:28up needs to continue with the trend.

7:31Then I will wait for price to come back

7:33to that level of demand because the

7:35smart money pushed the price up. they

7:37should like that price again. That's

7:39where I'll take the position from. I'll

7:40put my stop loss below the level of

7:42demand. Generally, I will target either

7:45this level or the highest level and then

7:48smash my takeprofit. Now, I need

7:50additional confirmations when we get to

7:52the zone and that's what will be covered

7:54in step four. So, that's demand. Let's

7:56go through supply. Same thing, right?

7:58Push down, pull up, push down. What's

8:00that? That's our one two three move and

8:03then price pulls up to our level right

8:05here. Now we get this big push down

8:07right there. 1 2 3 four five red candles

8:10in a row. That creates a level of

8:13institutional supply. Same thing as

8:15demand. This is not a perfect example. I

8:17don't have a fair value gap. Ideally, we

8:19want to see a fair value gap, but it's

8:21the same concept. We're in the

8:23downtrend. Price pulls back to our level

8:26of supply. We get into a sell position

8:29here. We target recent price action

8:32right here and smash the takerit. So,

8:35we've got demand, we've got supply, and

8:37we have the same thing here, right? Push

8:39up, pull back, push up, right? That's

8:42our 1 2 3 move, right? Impulse, pull

8:45back, impulse. Now, on this position, we

8:47have a very clear level of resistance.

8:50Price comes up to the level here and

8:52here and here. And each time price

8:55pushes down, pushes down, and then a

8:57weak push down right here, telling us

8:59this level's likely to break. And when

9:01that level does break right here, this

9:04level of resistance now becomes a level

9:06of support. I like to enter here on a

9:08level I call a flip zone. We are in the

9:11uptrend. We face resistance. We break

9:15through the resistance and then we

9:17retest the level right here. Just like

9:20that, a easy flip zone. We get into the

9:23trade. That is another point of interest

9:25I use on stream every single week. Price

9:27is in an uptrend. We make a low. We make

9:30a new high. We come back to that low. We

9:33fail to make a new high. And then we

9:35break through that level aggressively.

9:37What do we have right here? We've got a

9:40level of support and then it flips to

9:43resistance. So, this is my reversal flip

9:46zone. And I can get short from this area

9:49right here. Target a big chunk stop loss

9:52above maybe a recent wick, something

9:54like this. And we're getting that trend

9:56reversal. Basically, we're in the

9:59uptrend and then what happens? Price

10:01can't make it any higher. It comes

10:04below, comes back to that level. That's

10:07the flip zone right there and I go

10:09short. Okay, those are the main levels

10:11I'm taking trades from every single day.

10:14But what do I do when price comes to

10:16this level? What do I want to see to

10:18actually execute the trade? I'm going to

10:20show you right now in step four. Now,

10:22before we get into the live trades, I'm

10:24going to show you just two

10:25confirmations, things that I look for

10:27when price comes to my level of

10:29interest. So, right here, we have our

10:31one, two, three move establishing our

10:34downtrend and we have a flip zone as our

10:37point of interest. So, we want to go

10:39short here, right? We're in a downtrend.

10:42We've got a nice looking flip zone.

10:43Price is approaching it. What am I

10:45looking for? I'm looking for this exact

10:48scenario. I'm going to show you right

10:50here. You see price wicks into the level

10:53and then that candle closes. That's what

10:56I want to see. Okay, price wick into the

10:59level and then closed beneath the level.

11:01Right, the wick came in and it closed

11:04beneath. That is confirmation that my

11:07level is good. Okay, that is enough for

11:10me to enter the position at the closed

11:13candle or sometimes after the candle

11:15closes, I'll wait for price to tap the

11:18level one more time. Once I get that

11:20tap, I'll be into my trading position

11:23right there. Then price can start to

11:25push down and smash my takerit. Now, let

11:28me show you my second confirmation. This

11:30time, we've got a level of demand,

11:32right? It's not a flip zone. Price

11:34pushed up aggressively here, telling me

11:36that the smart money's at this level

11:38right here. But we've had these huge red

11:40candles come down. So, I've got to be

11:42really careful with what I do. So, I

11:44need to see a good reaction at this

11:46level. What I want to see is a bullish

11:49engulfing candle pattern. So, we have

11:51the first bearish candle, that's the red

11:54candle, and then the next candle right

11:55here engulfs it. So, we've got the

11:57smaller candle and then the bigger

12:00candle right there engulfs it. This is a

12:02bullish engulfing candle pattern. And

12:05what I'll do is I'll either enter here

12:07as that's the confirmation that I want

12:09to get into a buy trade or I will enter

12:13still in my zone waiting for that

12:15retest. And so price can come back to

12:17that level, tap me into the trading

12:19position, push up and smash my takerit.

12:22Now, sometimes if you watch me on

12:24stream, I will just take the trade. I

12:27use my gut. I believe in my level, and

12:30that's something that comes with 18

12:32years of trading experience. So, I don't

12:34expect you to be able to do that. But I

12:36want to show you some of those live

12:38trades right now to prove that I'm using

12:40these price action concepts in my

12:42streams every single day with an over

12:4480% win rate. But before I do, if you're

12:47looking for a place to trade, check out

12:49Risen FX. They're my favorite broker

12:52right now. I have multiple withdrawals

12:54already. I've got another huge

12:55withdrawal coming. The spreads are low,

12:57the commissions are low, the executions

12:59are great, and it's the best platform to

13:01trade. So, click the link in the

13:02description. Registration is free and

13:04let's get into some live trading. Now,

13:06let's do a live trade example from my

13:08stream. Obviously, I have tons of VIP

13:11trades I could show you as well. Links

13:13in the video description if you want to

13:14join VIP. But, I'm going to show you a

13:16trade that didn't even go that well

13:18because I don't want to cherrypick the

13:20trades, right? So, you can see we have

13:22our 1 2 3 move right here. That's

13:25establishing the downtrend, right? We've

13:27got the impulse, we've got the pullback,

13:29and then we have the next impulse that

13:31is breaking structure. So obviously I'm

13:33looking for sell positions on this one.

13:36I was looking at this level right here.

13:38Okay, this is a bit of a supply zone.

13:41That was our swing high here. And I also

13:43marked up another level of supply up

13:46here just in case I was going to look at

13:48that level later in case this level

13:50didn't work out and price came up here.

13:52Maybe I would re-enter. You'll have to

13:54check out the live streams to learn a

13:55little bit more about my management. So,

13:57as I zoom in a little bit here, you can

13:59see we had the bearish engulfing candle

14:01pattern right here off of my zone. And I

14:04like that, but the candle came too far.

14:06So, I still waited for a retracement. I

14:09decided to put that kind of right in the

14:10middle of the supply. So, I was entering

14:12the trading position right there. Okay.

14:15My hope is obviously that price would

14:17come to this level and slam down

14:18immediately, but in live trading that

14:20doesn't always happen as I'm sure you

14:22know if you watch my live streams. So

14:24you could see here price pushed up and I

14:26tapped into the trade and it started to

14:28go against me a little bit here which

14:30was a bit concerning especially when we

14:33had kind of this break of structure

14:35right here with these candles closing

14:37above. But at this point you know I'm

14:40into the position. I'm not just going to

14:42bail out. I don't bail out on my trades.

14:44I believe in the process. And so I

14:46continued on with the trading position

14:48and then price pushed down and did smash

14:50my takeprofit here inevitably. And you

14:53can see I was targeting this recent

14:55level right here. Be a small level of

14:57demand and I expected maybe a reaction

14:59off of that level. And you can see we

15:01did react off of that level and came up.

15:04So it was a good idea to target that

15:05area. And if we scroll out like there's

15:07a bunch of trades. Maybe I could show

15:09you kind of a flip zone trade. Very very

15:12similar. Right? You can see we're kind

15:13of we're in that downtrend. Right? We've

15:15got our one two three move. We have the

15:18level of support. Okay? We broke through

15:20the level of support. Then we use it as

15:22resistance. I entered the position right

15:24there at the top of that level. Price

15:27pushed down, smashed my takerit.

15:29Honestly, there's too many trades for me

15:30to show you. So, that's my price action

15:33trading strategy. I use price action

15:35every single day. I hope that you use

15:36price action in your trading now, too.

15:39Understand the trend. Watch out for

15:41reversals, get a point of interest, get

15:43the confirmation, and hopefully win your

15:45trades. If you want to trade with me,

15:47the links are in the video description

15:48to my VIP room, to my trading robot, to

15:51the broker where I trade. And I'll be

15:53back next week. Much love. Oh.