Price Action Traders.
In simple terms, price action is a trading technique that allows a trader to read the market and make trading decisions based on the actual price movement on the chart, rather than relying on lagging indicators. Most indicators are derived from the actual prices on the chart, so they are in fact, giving them information on past price movements.
Why would traders want to base their trades on past information, when the most important factor in trading is what prices are doing right now, and what they are most likely to do in the very near future? By using certain strategies, past information can help the trader to learn what prices are most likely going to do in the short term, rather than trying to guess using lagging indicators.
A more technical explanation is:
Price action is the movement of a security's price. This action is encompassed in technical and chart pattern analysis, which attempts to find order in the sometimes seemingly random movement of price. Swings (high and low), tests of resistance and consolidation are some examples of price action.
The candlestick and price bar are important tools for analyzing price action, since they help traders visualize price movement. Candlestick patterns such as the Harami, engulfing pattern and cross are all examples of visually interpreted price action.
Price action traders keep things simple, which can also be an effective methodology when it comes to trading. Price action traders are a form of technical trader who rely on technical analysis but do not rely on conventional indicators to point them in the direction of a trade.
These traders rely on a combination of price movement, chart patterns, volume, and other raw market data to gauge whether or not they should make a trade. This is seen as a "simplistic" and "minimalist" approach to trading but is not by any means easier than any other trading methodology. It requires a sound background in understanding how markets work and the core principles within a market, but the good thing about this type of methodology is it will work in virtually any market (stocks, foreign exchange, futures, gold, oil, etc.).
The purest form of price action trader is a “tape reader” . Good tape readers don't need charts, although some may glance at a chart occasionally, especially if they're in a position - they may be looking for support or resistance areas to take profits. However, it is rare to find a tape reader using any indicators or oscillators. Their primary tools will be the Time & Sales window and perhaps their Depth of Market (DOM) if they can multi-task. Nothing else is needed. Trades are taken on the basis of order flow, so that in essence they are trading pure price action.
Price action trading is also very technical and deals with reading price history. Most traders think they know everything there is to know about support and resistance already, but the truth is that reading price history isn't as easy as most people think.
There's a lot more that goes into understanding a chart than just drawing some basic support and resistance lines. A price action trader goes that extra step further to look for the explanation about not just what is happening now, but why it happens, so that they can make good decisions in the future. This also enables the trader to read price history and make better analytical decisions in present and future trades.
Advantages of price action trading:
It is free! - A price action trader does not need to have extra software. Candles, bars, dots or any other chart price symbol will provide ample information for price action traders. It can be used on any market at any time under any circumstances (E-Mini S&P, Forex, stocks, other commodities, futures and currencies). It can be used with any trading software (NinjaTrader, TradeStation, MetaStock, etc.). It is fast - Price lag is irrelevant, old data will not obstruct trading. It is versatile - Price action trading methods can be combined for a coherent trading system that is free of conflicting data.
However, a trader must take time to learn, and understand how to trade it. Education is needed to master the methods and practice is the key.
No two people will analyze every bit of price action the same way, and that is why a lot of traders find the concept of price action so elusive. Quite literally, price action is everything that a security's price does, and just like every other facet of analysis, it is purely subjective.
If we had to pick just one word to describe price action trading it would be "simplistic." This type of trading is probably the most simplistic trading method available, yet it is consistently considered the most steady and accurate.
Price action traders are not likely to become millionaires overnight with price action trading, but when used correctly, it can help them to become better traders. The simplistic strategies and concepts can be understood by nearly anyone, which makes it an extremely attractive way to trade. While it doesn't have the reputation among new traders for being as "glamorous" as using indicators, this actual trading has a reputation among advanced and professional traders as being the strategy to use no matter which direction the market is moving.
An Example of trading price action.
In this scenario, the main area of trade is identified.
The green rectangle area is classed as the price action area. This actual trading area is the area preceding an “extended” price movement - often from some consolidation period as noted in this example.
In this case, relating to the price action area rectangle, there was a left side swing that consolidated between the swing low and resistance, which was evident where the sell swing last broke - observed by the yellow circle.

8 Price Action Secrets Every Trader Should Know About.
Contents in this article.
Price action is among the most popular trading concepts. A trader who knows how to use price action the right way can often improve his performance and his way of looking at charts significantly. However, there are still a lot of misunderstandings and half-truths circulating that confuse traders and set them up for failure. In this article we explore the 8 most important price action secrets and share the best price action tips.
#1 Support and resistance zones are better than levels.
Support and resistance is probably the most popular price action concept, but only very few traders can actually make money with it. The reason is often very simple, although it’s not as obvious at first glance.
Most traders just use single, horizontal levels when it comes to trading support and resistance which look great in hindsight but fail during live trading. The reason is that singles lines are no effective way of looking at price movements. Creating support and resistance zones is much more effective when it comes to understanding price.
The screenshot below shows that the trader who just uses a single line either misses trading opportunities when price does not reach his lines. Or he gets thrown out during volatility spikes; the trader who uses zones instead can filter out the noise that exists in the zones.
I hope that this concept doesn’t have to stay one of the price action secrets much longer and more traders will start using this technique.
Bonus: Get our free price action ebook below.
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#2 Highs and lows – one of my favorite price action secrets.
This point describes a very basic concept, but it’s SO important to understand and not used widely enough. I strongly believe that once a trader knows how to analyze highs and lows correctly, he has a much better chance of trading profitably.
The analysis of highs and lows offers so much information about trend strength, trend direction and can even foreshadow the end of trends and trade price reversals in advance.
Here are a few things that will help you understand highs and lows beyond the general trading knowledge:
Do you see long trend waves with small pullbacks only? (this signals a strong trend) Is price barely making higher highs/lower lows? (this could indicate fading momentum) Do you see increasing volatility – larger candle wicks – while price makes new highs/lows? (you’ve probably heard the quote that volatility is greatest at turning points ) An uptrend where price fails to make a higher high should get your attention.
I challenge you: take a look at any “textbook” chart pattern out there and you’ll see that the only thing that really matters is how highs and lows form within that pattern. For example, the powerful Head and Shoulders is defined through a sequence of highs and lows.
In our premium trading course, we take this to the next level. You will learn everything about this method of trading, together with other powerful principles that will allow you to find the best trades.
#3 Location – improve your trading instantly.
Even if you see the best price action signal, you can still greatly increase your odds by only taking trades at important and meaningful price levels. Most amateur traders make the mistake of taking price action signals regardless of where they occur and then wonder why their winrate is so low.
In my own trading, I pay a lot of attention to the location. A good signal at a very important support/resistance or supply/demand area can often foreshadow a great trade.
On the other hand, even a great price action signal at a bad location is nothing that I would trade.
#4 Stop looking for textbook patterns.
One big problem I often see is that traders keep looking for textbook patterns and they then apply their textbook knowledge to the charts.
Just ask yourself: why do so many traders lose money? Does it maybe have to do with the fact that they all read the same books, trade the same patterns in the same way and look at charts identically? I think so! As a trader, you need to think differently.
Trading doesn’t work this way and the price is a very dynamic concept. Price and patterns change all the time and if everyone is trying to trade the same way on the same patterns, the big players will use that to their advantage.
This is maybe one of the most misunderstood price action secrets. Stop looking for shortcuts and do not wait for texbook patterns – learn to think and trade like a pro.
#5 The 4 clues of candlesticks and price action.
This further highlights the importance of putting together the pieces when you trade price action and avoid blueprint-thinking. The 4 following points will help you avoid many of the common trading mistakes people make who just look for blueprint patterns.
The 4 following points will help you avoid many of the common trading mistakes people make who just look for blueprint patterns.
If you see a lot of long wicks, it means that volatility and uncertainty is increasing.
2) Bullish vs. bearish wicks.
Do you see more/longer wicks to the upside or to the downside? Wicks that stick out to the downside typically signal rejection and failed bearish attempts.
Is the body of a candle positioned closer to the top or the bottom of the candle? Bodies that close near the top often signal bullish pressure.
Candles with a large body and small wicks usually indicate a lot of strength whereas candles with a small body and large wicks signal indecision.
#6 Broker time doesn’t matter.
We get the question how broker time and candle closing time influence price action a lot. It does not make any difference to your overall trading although time frames such as the 4H or daily will look different on different brokers.
The graphic below illustrates what we mean. The charts show the same market and the same period and both are 4H time frames. They used different closing times for their candles and, thus, the charts look slightly different. Some of the important clues that the left market shows are not visible on the right chart and vice versa.
So there is no broker time that is “better” than the other – just the signals you get slightly vary. The most important point is that you make consistent decisions and don’t confuse yourself by changing between different broker feeds.
Don’t stress out about your broker time; over the long-term, everything averages out as long as you stay consistent.
#7 The amateur squeeze and stop hunting.
Conventional price action patterns are very obvious and many traders believe that their broker hunts their stops because they always seem to get stopped out – even though the setup was so clear.
It is very easy for the professional trader to estimate where the amateur traders enter trades and place stops when a price action pattern forms. The “stop hunting” you’ll see is not done by your broker, but by profitable traders who simply squeeze amateurs to generate more liquidity.
This is one of those price action secrets that can make a huge difference and we have seen that many of our students have turned their trading completely around with it. Below you see an equity graph from one of our premium students. The transformation after taking our trading course surprised us all.
#8 Correct market selection.
Building a watchlist prior to your trading is important and market selection is a very misunderstood concept in trading. Let me give you an example from my trading: every Sunday I sit down and go through all of the 30+ forex pairs that I consider trading.
However, usually only 6-8 make it on my actual trading watchlist for the week ahead. And the main reason why the others get cut is because of low probability price action which usually means tight congestions, squeeze consolidations and narrow ranges with a lot of volatility.
An effective market selection is important and you should only look for markets that offer clear price action and stay away from markets that are too erratic and noisy. Don’t make this mistake of being too fixated on the pairs you trade – rotate them and only focus on markets with good price action.
Most of those tips are probably not considered price action secrets by advanced traders, but amateurs can usually improve the quality of their trading and how they view the markets by just picking a few of them. If you have any other tips or know about some mistakes traders do in price action trading, leave a comment below.
In our premium trading course, we take this to the next level and you will learn everything about this method of trading, together with other powerful principles that will allow you to find the best trades.
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57 comments.
Very good article, thx. I agree with creating S/R zones vs just lines, but none of the articles I’ve read describe “how” to create a zone; how do you determine the high/low of the zone? If you could go one step further in what to look for when deciding that area, that would be a huge help.
glad that you liked the article.
Hope this helps.
I really appreciate on your hardwork writing all of the articles here in Tradeciety. They have helped me ALOT in my trading, cant really express my gratitude and honestly speaking Im always looking forward to your post every week. Keep it up! Cheers mate!
that’s great to hear. Really happy to see that you are enjoying my work and benefit from it. That was the original reason why I started this site 🙂
Thanks for taking the time and leaving a comment.
I think that is very interesting. This i consider all kind of knowledge witha great step in direction of successfull.
Great article! Thanks for the reminders and tips. I have learned and been reminded of so many little things in trading thanks to articles likes this. Please keep up the great work, it is very much appreciated, Rolf!
Thank you, Cheri.
That’s great to hear 🙂
But How do we know that ameture are squeeze out and now for us to get in trade?
that comes with practice and it’s a way of looking at price movements. The amateur squeeze happens frequently around tops and bottoms and you’ll often see spikes around highs/lows. Just go through my recent trade recaps and you’ll see what I mean.
Very useful and clear article, thanks a lot.
Thank you very much for this tips, it is always a pleasure to read your articles !
I am glad to hear that you enjoyed the article. Thanks your leaving a comment.
this is one of the best trading guide article/website I have ever come across keep it up you are doing a great job.
Thanks, Adeyinka. I am glad to hear that.
Thank you , this article is very good , I’m glad to hear that . best regards.
Interesting and most likely valid techniques, read with interest. But there is lack of detail in how these concepts are practically applied. Likely great review for those who are experts but the beginner would like to know how to apply and use.
Thanks, Gary for your feedback. I’ll take your feedback and turn it into a new, separate article since I see your points.
Thanks for taking the time and leaving a comment.
which is the best time frame for PA trading ?
there is no best timeframe. I prefer the H4 but it’s a personal matter.
These are awesome tips! I especially love #3, only trade the price actions where it is formed at a meaningful areas. These will certainly filter out tons of trade and improve the quality of the trades.
I am still developing my pre-trading routine such as to review different pairs each week and to do a trading plan and update daily. Setting alerts on Trading View is definitely a great choice 🙂
Thanks Rolf for your wonderful writeup and sharing 😀
May i know when you mentioned about the size of the pinbar not meaningful compared to previous price action, what does it meant? Do you meant that the pinbar size comparing to the size of its wick? Or you are referring to the size of the pinbar main body comparing to the previous candle? thanks.
yes, I meant the general pinbar size compared to the previous candles.
Do you have any specific advice for the 5mn binary on Nadex. Such as the best time frame or any indicators that are useful?
I am a pure Forex swing trader.
what do you mean by “When a pattern looks too good to be true, it usually is.”? Means when it signals reversal signal but actually its not? just for instance.
it means that when a trade is too obvious and too many traders are ready to take it, it usually does not move as smoothly or shows a fakeout to shake out all the traders.
Hi guys, you are great! You have great teaching skills and I love your videos a lot.
I have been trying to swing-trade for 2 years now. But I am not getting anywhere in terms of profit. Last year I made 25-30% and this year I am down 15-20%. I think it is because I only trade stocks, which are cheap to trade at my broker. My account size is just about 10.000USD.
I would like to try trading currency, but I am scared of getting started, as I do not understand the basic principles of position sizing. My broker charges med 10USD if I make a trade under 50.000EUR in the EURUSD, and 2 pips if my trade is above that. And as my account size seems very low in that regard, I don’t want to jump straight into it.
So my question basicly is if You could make an example, if You have time, explaining in actual numbers how a trade of like 50.000EUR vs USD would play out in terms of profit or loss. That would be a big help.
Also if you could advice me on whether my accountsize is too small to begin with.
Again, thank you so much for you fantastic teaching, it helps me a lot, even though the stock market doesn’t play along with me right now.
except trading in n scrips, select only 1 scrip & trade in that whose options are also listed so that u will get its sideways price action advantage too.. because the most important is this will help you to get hold on its price action. that doesnt mean u should be overconfident after that but u will get good grip on it & like this it will get converted into good returns. Rest all Rolf & moritz will guide u.
Rolf, you guys are great. Love your site. Very genuine and can see the effort and sincere work that goes into it. Very different from the other sites. Great job. I am a big fan of you guys now. Helping me to learn a lot as well.
Thanks so much! I appreciate you and thanks for taking the time to leave a comment 🙂
Have you posted any previous articles on how to set up Stop Loss limits? This is something i have been struggling with and would like your advise on. Thanks.
i just like to clarify – i understand if the body of the candle is around the resistance zone and with long wick is a sign of failed attempt to go higher so it must be an action to sell the next day. this is called inverted hammer? what if the body with long wick is in the support zone, then it is to buy. correct me if i am wrong. thank you.
yes, long wicks at either support or resistance show rejection. It’s not necessarily a signal by itself, but it’s a good first indication that price does not have enough power to break that area.
Just want to tell you that your site is one of the best educational ones I have come across. Thank you for being so genuine in helping others become better in this business. I’ve learnt a great deal from reading your articles. You’re amazing! 🙂
Thanks Michelle. That made my day 🙂
All the best on your journey.
I was googling nd I happened to land on this site. I wish I found this site before I blew my account 3 time, but I won’t give up. I will read all the articles on this site. Thank you for your work.
I hope you find what you are looking for.
Thanks Rolf. Can you me links to your youtube channel for strategies and other stuff?
My first day on the site and I am enjoying all the articles here. Highly educative and straight to the point. Bless you.
Welcome to Tradeciety, Omusa 🙂
I saw your website yesterday and since then I have made it as part of my Technical Analysis learning everyday because of the excellent quality of your articles. please keep posting.
Thanks. Welcome to Tradeciety, Rajeev 🙂
Great and good job. Wonderful to have guys like you all.
This is the article i have been looking for. very useful information.
if i trade for long term, i will look in monthly trend, the S&R. next zoom in 1h for entry and exit using PA ?
and if i trade swing in 1 to 5 mins, can i use PA ? possible ?
if you trade long-term, you probably don’t have to go to the 1H. It’s too low. I’d recommend using the combination of weekly/daily or weekly/4H timeframe.
On the 1min and 5min timeframe, I have no experience. Sorry.
just curious, is it for PA, there is a needs for at least one indicator ?
else i saw many analysis do have indicator/s.
I do user indicators – MAs, Bollinger Bands and RSI. They add more objectivity to a trader’s process. If you know how to really read price and waves, you can often pretty accurately guess from price action alone what the indicator will tell you.
Hello, Under #4, what about the pin bar at 14:00, it has a large body with sizable wicks, what made it not reverse the trend?
Thanks in advance.
price never broke the pinbar. The signal on a pinabr is usually given once the next bar breaks the low.
This is great tips on how to improve one’s trading skills. Good information right there.
Thanks Rolf ! Very useful one.
Long description but sounds good.
This is a must-read for all traders alike.
Like Ming Jong Tey above, I am still developing my weekly pre-trading routine such as to review different pairs each week and to do a trading plan and update daily. Setting alerts on Trading View is definitely an area I will need your guide.
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Beginners Introduction To Price Action Trading.
Price Action Trading Explained.
1- The Definition Of Price Action.
2- Trading with “Messy” Vs “Clean” Forex Charts.
3- How to identify trending and consolidating markets.
4- How to trade Forex with Price Action Trading Strategies.
5- How to use chart confluence and Price Action Signals.
What is Price Action ?
Basic Definition: Price Action Trading (P. A.T.) is the discipline of making all of your trading decisions from a stripped down or “naked” price chart. This means no lagging indicators outside of maybe a couple moving averages to help identify dynamic support and resistance areas and trend. All financial markets generate data about the movement of the price of a market over varying periods of time; this data is displayed on price charts. Price charts reflect the beliefs and actions of all participants (human or computer) trading a market during a specified period of time and these beliefs are portrayed on a market’s price chart in the form of “price action” (P. A.).
Whilst economic data and other global news events are the catalysts for price movement in a market, we don’t need to analyze them to trade the market successfully. The reason is pretty simple; all economic data and world news that causes price movement within a market is ultimately reflected via P. A. on a market’s price chart.
Since a market’s P. A. reflects all variables affecting that market for any given period of time, using lagging price indictors like stochastics, MACD, RSI, and others is just a flat waste of time . Price movement provides all the signals you will ever need to develop a profitable and high-probability trading system. These signals collectively are called price action trading strategies and they provide a way to make sense of a market’s price movement and help predict its future movement with a high enough degree of accuracy to give you a high-probability trading strategy.
“Clean” Charts vs. “Messy” Indicator-laden Charts.
Next, to demonstrate the stark contrast between a pure P. A. chart and one with some of the most popular forex indicators on it, I have shown two charts in the examples below. The chart on the top has no indicators on it, there’s nothing but the raw P. A. of the market on that chart. The bottom chart has MACD, Stochastics, ADX and Bollinger Bands on it; four of the most widely used indicators AKA “secondary” analysis tools as they are sometimes called:
The image example below shows a clean price chart, with no mess, and no indicators, just pure price bars:
The image example below shows a messy price chart, with lots of clutter, indicators and mess:
It’s worth pointing out how in the indicator-laden chart you actually have to give up some room on the chart to have the indicators at the bottom, this forces you to make the P. A. part of the chart smaller, and it also draws your attention away from the natural P. A. and onto the indicators. So, not only do you have less screen area to view the P. A., but your focus is not totally on the price action of the market like it should be.
If you really look at both of those charts and think about which one is easier to analyze and trade from, the answer should be pretty clear. All of the indicators on the chart below, and indeed almost all indicators, are derived from the underlying P. A.. In other words, all traders do when they add indicators to their charts is produce more variables for themselves; they aren’t gaining any insight or predictive clues that aren’t already provided by the market’s raw price action.
Examples of some of my favorite price action trading strategies:
Next, let’s take a look at some of the price action trading strategies that I teach. Note that I’ve included a “failed” trade setup because not every trade will be a winner; we aren’t here to show you “perfect” past trading results…we are here to teach you in an honest and realistic manner.
In the image example below, we are looking some of my favorite P. A. trading strategies:
How to determine a market’s trend.
One of the most important aspects of learning to trade with P. A. is to first learn how to identify a trending market versus a consolidating market. Trading with the trend is highest-probability way to trade and it’s something you HAVE TO learn how to do if you want to stand a chance at making serious money as a trader.
The charts below shows how to use price dynamics to determine a markets trend. We consider a market to be in an uptrend if it is making Higher Highs and Higher Lows (HH, HL) and a downtrend is Lower Highs and Lower Lows (LH, LL).
In the image example below, we can see how higher highs and higher lows signal an up-trend in a market:
In the image example below, we can see how lower highs and lower lows signal a down-trend in a market:
Trending VS. Consolidating markets.
As we discussed earlier, P. A.or “price action trading analysis” is the analysis of the price movement of a market over time. From our analysis of price movement we can determine a market’s underlying directional bias or “trend”, or if the market has no trend it is said to be “consolidating”…we can easily determine whether a market is trending or consolidating from simply analyzing its P. A.. We saw how to determine a market’s trend above, to determine if a market is consolidating we just look for an absence of the HH, HL or LH, LL patterns. In the chart below note how the “consolidating price action” is bouncing between a horizontal support and resistance level and is not making HH, HL or LH, LL but is instead going sideways…
The image example below shows a market moving from a consolidation phase to a trending phase:
How to Trade Forex with Price Action Trading Strategies.
So how exactly do we trade Forex with price action? It really boils down to learning to trade P. A. setups or patterns from confluent levels in the market. Now, if that sounds new or confusing to you right now, sit tight and I will clarify it soon. First we need to cover a couple more things:
Due to the repetitive nature of market participants and the way they react to global economic variables, the P. A. of a market tends to repeat itself in various patterns. These patterns are also called price action trading strategies, and there are many different price action strategies traded many different ways. These reoccurring price patterns or price action setups reflect changes or continuation in market sentiment. In layman’s terms, that just means by learning to spot price action patterns you can get “clues” as to where the price of a market will go next.
The first thing you should to begin P. A. trading is to take off all the “crap” on your charts. Get rid of the indicators, expert advisors; take off EVERYTHING but the raw price bars of the chart. I prefer to use candlestick charts because I feel they convey the price data of the market more dynamically and “forcefully”, if you are still using classic bar charts and want more info on candlesticks then checkout this candlestick trading tutorial.
I like simple black and white charts the best, as you can see below. In metatrader4 you simply right click on the chart and adjust the “properties” of the chart to get it looking like mine below. If you want more info on how to setup your MT4 trading platform checkout this metatrader 4 tutorial.
After you’ve removed all the indicators and other unnecessary variables from your charts, you can begin drawing in the key chart levels and looking for price action setups to trade from.
The image example below shows examples of some of the trading strategies I teach in my forex trading course. Note the key support / resistance levels have been drawn in:
How to trade price action from confluent points in the market:
The next major step in trading Forex P. A. is to draw in the key chart levels and look for confluent levels to trade from. In the chart below we can see that a very obvious and confluent pin bar setup formed in the USDJPY that kicked off a huge uptrend higher. Note that the pin bar trade setup showed rejection of a key horizontal support level as well as the 50% retrace of the last major move, thus the pin bar had “confluence” with the surrounding market structure…
In the image example below, we can see a pin bar setup that formed at a confluent point in the market:
All economic variables create price movement which can be easily seen on a market’s price chart. Whether an economic variable is filtered down through a human trader or a computer trader, the movement that it creates in the market will be easily visible on a price chart. Therefore, instead of trying to analyze a million economic variables each day (this is impossible obviously, although many traders try), you can simply learn to trade price action, because this style of trading allows you to easily analyze and make use of all market variables by simply reading and trading from the P. A. trail they leave behind in a market.
In closing…
I hope today’s introduction to Price Action Forex Trading has been a helpful and enlightening lesson for you. No matter what strategy or system you end up trading with, having a solid understanding of P. A. will only make you a better trader. If you’re like me, and you love simplicity and minimalism, you’ll want to become a “pure” P. A trader and remove all unnecessary variables from your charts. If you’re interested in learning how I trade with simple price action strategies, checkout my Price Action Forex Trading Course for more info.
About Nial Fuller.
15 Comments Leave a Comment.
i want your student in forex analisis.
Nial price action article is superb….! very informative..
Nial, Thanks for the free information on p/a I found it makes sense and is easy to understand so far gday davej.
You done the best job for us to learn price action trading strategy easily. Hope every one can learn this price action trading easily if they read carefully this article.
This is great, am glad for the job Mr Fuller is doing here. Thanks.
I find your blog site very valuable and interesting. Theres a lot to learn here. Now I come to know why I fail in my trading. Thanks for the free information Nial. Its a good place to start learning to trade profitably. I will consider learning more from you and eventually be part of your community. :-)
Many thanks Nial.
Dear Nial Fuller,
. your teaching is the fuel to my Motor to keep moving and profit in my forex trading .
Thank you for the time you use for all of them.
Thanks for the clearer picture Nail! I have studied all available indicators in the trading scope and they confused me even more and have decided to go for price-action trade through my own conciense. Your affirmation in this strategy give me more confidence. I would like to learn more from you.
Thanks Sir, this article totally change my view towards market now I feel much more confident with simple pure price chart. Eager to learn more from you…
this is the final piece to my forex puzzle. Sir Nial Fuller you are indeed an expert in forex strategy. thanks.
nail u are 1 of my best top 3 Forex mentor, u are obviously great keep it up, GOD bless. pls i want u to discus the strategy, best time to use in trading crude oil, gold and silver thanks.
Thanks for the lesson..eager to learn more and glad I found you.
Thanks, for the lessons.
Its really clear and comprehensive.
Sir Nial this is such a great introduction. This proved to be helpful in concept building thanks…!
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Price action trading no indicators

Price Action Trading (no indicators)
Profitable Trade Strategies.
O ur trade methodology will help ensure you learn about price action only trading (no indicators) along with increasing your odds to be on the right side of the market in today's trading environment where profitable opportunities is dependent upon your education for exploiting supply/demand regardless if you're scalping, day trading, swing trading or position trading. Also, each strategy will exploit a different type of market condition. Simply, the markets are always changing and you'll be able to exploit different types of market conditions to help avoid drawdowns and maximize profits.
With that said, we offer five types of trade methods that's a complete objective rule-base trading plan from entry to exit involving price action only trading merged with WRB Analysis to give you access to education courses that are highly praised by professional clients and retail clients. You can use one of our free strategies to help determine the merits of any of the below fee-base trade methods. Below you'll find brief summaries prior to the comparison of what you'll get in your purchase. Further, to see the complete list of trading instruments that's applicable for trading via these strategies. click here.
Brief Summary - Does everything that's discussed below in the other strategies. However, it differentiates from the others by being able to exploit key changes in supply/demand along via exploiting temporary inefficient price actions whenever volatility changes from high to low or from low to high regardless to the market conditions. In addition, there are more trade opportunities especially during trend market conditions.
Purchase of the VTR trade signal strategies will also give you access to the STR trade signal strategies, APAOR trade signal strategies, AJCTR trade signal strategies and Advance WRB Analysis Tutorial Chapters 4 - 12 .
Brief Summary - Exploits inefficient swing points as the price action traverses from one swing point to the next swing point in any type of market condition within a commonly known chart pattern.
Brief Summary - Exploits price action that's temporarily inefficient and it's applicable in many different types of market conditions (reversal, pullback, range, low volatility, high volatility et cetera). The APAOR strategies are the foundation for the VTR and STR strategies.
Brief Summary - These are not Steve Nison's generic candlestick patterns. Instead, the AJCTR involves understanding Japanese Candlestick Analysis prior to the appearance of our custom designed candlestick pattern trade signal strategies that's much more reliable via their integration with WRB Analysis in comparison to the generic candlestick patterns you typically see in trading books or discussed at trader forums as a stand alone trading method.
*WRB Tutorials Chapters 1 - 12.
Custom Japanese Candlestick Patterns.
Initial Stop/Loss Protection.
Contingency Plan (position reversal)
Client Broker Profit/Loss Statements (private)
Real-time Strategy Chat Room (private)
Printed Material w/ DVD Presentation **
* Scalping implies you have special commission rates below the normal broker discount rates due to your account size or high volume trading. In addition, it implies your using a broker trade execution platform suitable for scalping along with using a high end computer system suitable for scalping. Further, your chart frames are 1min or less.
* Printed Material in a book format can easily be done via you printing the material and then taking it to any local store like a Kinkos to have it bounded as a book.
Also, if you have further questions about our strategies or WRB Analysis, please join our discussion forum at the below link that's specially setup for traders to ask questions prior to purchasing any of our fee-based resources. This forum also contains TheStrategyLab's performance record.
All of our strategies are applicable for the following trading instruments:
CME Emini Futures EMD, ES and NQ.
CME Emini RTY Futures (formerly ICE exchange TF)
CBOT mini-sized Dow Futures YM.
Eurex Index Derivatives (futures) DAX and DJ Euro Stoxx50.
Eurex Fixed Income Derivatives (futures) BUND, BOBL and Schatz.
Euronext Futures FTSE-100 and CAC-40.
CME Futures EuroFX 6E and EC.
Treasury Futures T-Notes ZT, ZN, ZF and T-Bonds ZB.
Forex Currencies GbpUsd, EurUsd, EurYen and UsdCad.
Exchange Traded Funds BGU, FAS, FAZ, TNA, DIA, IWM, QQQQ , SPY, OIH, XLE, GLD and VXX.
NYMEX Energy Futures Light Crude Oil CL, e-miNY QM and Natural Gas NG.
COMEX Metal Futures Gold GC, mini-Gold YG, Copper HG and Silver SI.
Hang Seng Index Futures HSI and mini-Hang Seng MHI.
In contrast to the above trading instruments that's suitable for your trade strategies, our WRB Analysis Tutorials is applicable to the above and stocks.
Remember this. we at T he S trategy L ab trade for a living. It's our main source of income and income from services via our website represent only a very small portion of our income.
Once again. we provide fee-based services only to compensate ourselves for the time , energy and resources we use to educate other active traders to become successful traders. active traders that have contacted us first to learn more about WRB Analysis and then asked for help in their education with their trading.
T he S trategy L ab.
Volatility Strategy Supply Demand Support Resistance Scalping Day Trading Swing Trading Price Action Trading Market Context.
DAX FTSE100 CAC40 EuroFX 6E HSI MHI NIFTY EMD RTY (TF) ES NQ YM.
Resources Used by TheStrategyLab.
VXX QQQ SPY IWM DIA CL QM Brent OIH XLE GC GLD ZN ZB ZF BUND EurUsd UsdCdn.