what I would really like for you to do
is not be a noob in day trading and have
your charts look like this instead what
I really want you to do is learn the
things in this video Welcome Back to the
channel everybody my name is Artie and
this is the moving average shall we
discuss everything day trading to keep
you profitable now the this in this
video is price action trading price
action trading also known as naked
trading involves you learning how price
moves as price moves it tells a story
you are learning the language of price
so let's get into the charts and I'm
going to show you these Concepts in
price action price is constantly moving
and telling you a story and it does one
of three things it either goes up it
goes down or it stays flat that's it
that's what it always does that's what
it always will do so as you can see here
we have a low a higher high higher low a
higher high higher low and a high then
when price stops wanting to go up what
it does is it reverses and it makes a
lower low a lower high a lower low a
lower high and a low and then price
reverses again but if there's indecision
in the market and price doesn't want to
go up or it doesn't want to go down what
it does is it stays flat flat price is
known as consolidation consolidation is
a period when the markets just do this
this is a horrible time to trade in
general I avoid this like the plague so
the main question you're probably having
right now is how do I trade this how do
I know if the price is going to be going
up or if it's going to be going down or
if it's just going to stay flat that's
where the other concept of price action
come into play you need to learn how to
recognize price patterns Candlestick
formations a small cluster of candles
together make an indication on which
direction price is going to go as you
can see right here we had a huge bearish
candle up indecision in the market and
then a huge bearish candle down these
three candles together tell you an exact
story of what happened this is why it's
important to understand every single
Candlestick pattern when price is
consolidating like this when price can't
go above a specific level this is known
as resistance price is resisting to go
through the top also known as the
ceiling resistance ceiling on the lower
end here we have an area of support
prices being supported held up by a
floor support floor when price no longer
wants to consolidate it goes in a
direction price breaks out of this range
this is known as breakout trading now if
you really learn all of these Concepts
in depth you can do things like this
where price is going up and you get a
continuation trade which is the best
type of trade that you could possibly
get but in order to know where and when
it's going to continue you need to
understand a lot of the price action
Concepts like a Fibonacci retracement at
a gold zone now naked trading in itself
is a great thing to have in your brain
and it's dramatically going to help you
improve your trading but with naked
trading and understanding the concepts
behind it then incorporating some
indicators some not a million is going
to help you find those amazing entries
one of the best things that you can do
with price action trading is using
divergences as well as understanding
volume and how it affects the market at
given times now price action trading Is
Not A New Concept this is not something
I invented and it is everywhere on the
internet I just gave you the absolute
basics of it so that you have a general
understanding of why your trades aren't
playing out what the markets are doing
and how you can improve now for the last
I don't even want to think about how
long I've been breaking down each one of
these Concepts to like it's finite
electrons and making the most in-depth
easily explained lesson on price action
that I could possibly imagine we go over
all of these Topics in depth plus like
15 other ones including top-down
analysis where you go from an extremely
high time frame all the way down to a
one minute time frame the this entire 15
part video that I made is exclusively
going to be on the trading floor website
we are releasing it right now so if
you're watching this video right now
that course just got released on the
website it goes into such extreme detail
and yet it's explained in such an
understandable manner I actually
impressed myself with it so if you're
struggling to understand how price moves
you have to understand price action and
this is going to be the best way to
learn it in depth when you do watch it I
suggest you watch it over again a few
times and once these things are
solidified in your brain it will unlock
some insane potential in your day
trading the link for the trading floor
membership is in the description it's
the first link watch those 15 price
action lessons give me your feedback in
the Discord community and then you can
join my hour-long q a sessions and ask
any specific details about any one of
these things an hour before London
session opens also a side note if you
don't join or you don't have the money
for it that's completely fine spend all
of your time I'm learning this stuff on
the internet all of the information is
spread out everywhere you just gotta do
some digging if you want to save
yourself some time get yourself a
membership to the trading floor