Forex Price Action Basics – Candlestick Analysis

Last night I held the first webinar in the 3 Day Price Action Challenge. In this webinar I shared my Price Action techniques for reading and understanding candlesticks. You can watch the webinar below.

In the next webinar I will cover Support and Resistance areas.


16 comments

Thank You, Nick!

No problem.

Thanks, Nick!

No problem, Pavel, thanks for watching.

Nick,

Great Videos and web pages that explain things clearly.

Can I suggest a quick Video on how to setup MT4 to help setup a Clear picture with the editor pen, how you copy the channel lines, etc. I tried to copy this in my MT4 and it took a time to find all the “right” setting”

Thanks

Nick

your videos are so clear, am a new beginner in this venture and i believe through your assistance, i will really learn a lot

tnx sir Nick for sharing ur knowledge to newbees like me. much appreciated.

thnak you sir

Thank you nick!

Thanks Bro

Good day Nick!

Have you tried using your strategy on other markets? Stocksin particular?

Thanks!

Follow up question

I have read your ebook on how to avoid losing streak and you gave some guidelines that we may follow, which i find very useful as a newbie, and you have illustrated your strategy on entering trades. Just want to ask what do you mean by closing out half of position and putting your stop loss to the entry price while keeping your trades open, especially when prices stalled or encountered some bumps along the way? I hope you can show more illustration on that. Thank you

I no longer use that profit taking strategy, so it isn’t really important.

I have tried in futures and it works fine. Price is price, it should work on all markets.

Wow nick, i’ve been looking for the best Forex education site until i came across your site & im happy, the way ou teach Price action is the best ever. You’re gifted & i love the fact that you’re passionate about what you do, keep up the good work, Bless

Nick you are the best. I have learned a lot from but I will apply all this on Monday. God bless you

Leave a Reply

Your email address will not be published. Required fields are marked *