Price Action Fundamentals
121 videos, 59 hours 00 minute
For trading price action, the Brooks Trading Course is the most comprehensive source of information on reading and trading price charts. The Price Action Fundamentals sections explain basic chart reading, and well as how and why markets move. Markets are constantly in search of the current fair price, which is always changing. That price is the result of countless variables, and most of them are unknowable, even to very successful traders.
Every market probes up and down to discover how far is too far, which then becomes support and resistance. Once traders understand this and how to spot logical support and resistance levels, they are in a position to begin trading. They also need to learn to watch for certain chart patterns where the probability, risk, and reward give traders an edge. Traders are then ready to study the 2nd part of the course, How to Trade Price Action.
English subtitles are available for all course videos, with Portuguese and Spanish subtitles for Getting Started section.
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Scroll down for How to Trade Price Action course videos.
Getting Started (01-07)
15 videos, 5hr 42min – English, Portuguese & Spanish Subtitles
Charting Analysis (08-11)
13 videos, 6hr 16min – English Subtitles
Market Cycle (12-18)
33 videos, 16hr 53min – English Subtitles
Support, Resistance, and Basic Patterns (19-29)
34 videos, 16hr 29min – English Subtitles
How to Trade Prerequisites (30-36)
26 videos, 13hr 40min – English Subtitles
How to Trade Forex Price Action
66 videos, 35 hours 51 minutes
Every market is constantly probing up and down. Traders have to assess whether a probe is too far or not far enough. If a trader believes that the market will go further, he will enter with a stop, betting that the breakout beyond that last bar will be successful. If he instead believes that the breakout above the last bar will fail, he will sell at the high of the last bar with a limit order. Knowing how to read charts gives traders a basis for buying or selling above or below the last bar.
Traders need to recognize inflection points. These are times when the market is deciding whether to breakout or reverse. They allow traders to enter with tight stops, and therefore have the smallest risk.
During 10% of the bars on every chart, the market is breaking out and this breakout will be the start of a trend. Breakouts provide the highest probability of profit, but risk/reward ratio is bad. Traders need to understand how to trade breakouts, learning where to take profits and how to trail their stops.
During 90% of the bars on every chart, a trader can make money by buying or selling at any moment if he manages his trade correctly. The key is to understand trade management.
Traders also have to understand how to handle mistakes. Most mistakes are due to taking a bad entry or managing a good entry poorly. However, most trades have at least a 40% chance of failing. A trader has to know what to do when a trade is not doing what he expected. When do you decide that your premise is now wrong and your trade is bad? What do you do once you decide you are in a losing trade?
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Trading Price Action Patterns (37-42)
21 videos, 11hr 24min – English Subtitles
Trading Channels & Ranges (43-47)
22 videos, 13hr 17min – English Subtitles
Trading Different Times of the Day (48)
8 videos, 3hr 38min – English Subtitles
Swing and Scalp Trading (49-50)
9 videos, 4hr 42min – English Subtitles
Managing Losses (51-52)
6 videos, 2hr 50min – English Subtitles
Note that Brooks Trading Course and Brooks Forex Trading Course videos in this Managing Losses section have identical soundtracks.
Bonus Videos
16 videos, 10 hour 44 minutes
From questions in the trading room and the comments after Al’s daily updates, Al can see it would be useful to expand coverage of some topics. Therefore, this section will hold additional videos that Al hopes traders will find helpful.
Al will also deliver rerecorded videos of selected webinars and other speaking events where Al presents.
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Bonus Videos – English Subtitles
Support
Questions and feedback on videos is welcome in the Support Forum, where you will find forums for each course section.
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Brooks Forex Trading Course | Curso de Trading do Brooks
The Brooks Forex Trading Course advanced 'How to Trade Forex Price Action' course goes far beyond PA Fundamentals, teaching traders how to trade profitably.
Provedor do curso: Organization
Nome do provedor do curso: Brooks Price Action LLC
URL do provedor do curso: https://www.brookstradingcourse.com/