Understanding Price Action Trading

Understanding Price Action Trading is a skill every trader needs to learn, It is the equivalent to learning how to read a book from left to right pages. The reason why you should learn how to trade price action is because as a retail trader that is really our only strongest tool in the shed that we have as currency traders. Because it is what is happening at this exact moment.

Many use different time frames, and I want to share this video with you of a trade I took on USD/CAD from a stand point to where I have my strategy in place and I am using price action to dictate on whether or not I enter the trade. Learning and understanding price action trading is crucial to becoming a professional trader and I hope I am able to illustrate that, enjoy.