I Make 6 FIGURES A Trade Using ONLY This Price Action Trading Strategy

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Ezekiel Chew
Tired of cluttered charts and confusing indicators? I’ve cracked the code to consistent trading succ...
Video Transcript:
hey what's up guys this is Ezekiel Chu here so you know most traders they clutter their charts with like so many indicators that they can barely see the price itself and then you wonder like why are they struggling to make sense of the market right so today we are going to go to fundamentals this is the real stuff that works price action and I'm going to share with you five golden price action strategies that you can apply in any markets there is no more unnecessary indicators that you'll be using there is no second guessing like
is this the right move or not do I enter this or not it's going to be clean pure price action strategies that you can use it to trade the market like a pro so you're going to be learning when to sell when people are buying and how to get in the market before others are even thinking about it so much more you're going to like this one yeah let's [Music] [Applause] [Music] go all right so first off what is price action price action is not about predicting the market okay it is understanding what is happening
right now right there is no lagging indicators there's no waiting for signals there is no second guessing is raw real time movement that tells you exactly where the buyers and sellers are fighting it's just a battle of buyers and sellers nothing more nothing less right so price action is your way of reading the battle in real time so to see exactly who is in control and then what is about to happen next think about it like this if price they kind of hesitate at a level so that means what that means the buyers and the
sellers they are like wrestling for control and then if price breaks fast breaks clean it means what it means the momentum is strong and then one side is winning on the other hand what if price a breakout and then reverses is a trap and somebody just got played okay so learn to read this you will be way ahead of 90% of the traders out there because why most of them they are what they're waiting for oh the RSI crossover the MACD signal that's already too late trading success is not about memorizing patterns it's about seeing
what's happening right now before everyone else price action this is your unfair advantage indicators like moving average the MACD the RSI they're lagging so by the time they tell you to act the move has already happened and you are late to the party so that's why price action is king it lets you read the market in real time right without waiting for all these delayed signals instead of reacting you are now anticipating where price is about to hit next okay but here's the thing i'm not saying that ah okay ezekiel says "Let's stop using indicators
anymore." No no no no no no no indicators have their place and I use them as well but if you want precision if you want to catch moves at the right moment instead of like yeah let's chase after them right you need to master price action that is the real edge in trading right so I'm going to share with you the five powerful price action trading strategies that you can use for all the vehicles in the market whether you're trading say forex stocks crypto commodities I trade them all and I use it on them all
as well you [Music] ready most traders they focus mainly on the what the wicks of a candle but the body of the candle can tell you just as much of the whole story they know some traders they over complicate candlesticks but here's the thing right here's the truth itself let's look at this candle right what is it it's a big green candle with no week so that means what that means the buyers are in control so when this candle forms it means what the buyers saw that this price as a great opportunity they begin buy
a lot so the buying pressure is so high that price starts going up so then what the selling pressure is so weak that the sellers at a point they cannot overcome or overpower the buyers right so that's why this candle has such a strong close right so when you see a green candle like this it means what it's a strong sign that the market is going up right so what it is also a great indicator of support or resistance level mhm mhm so one of the key lessons in trading is that the past can help
you to predict the future this is what we always do because that is like a good sign like what happened in the past could be a good sign to help you predict the future so that's exactly what we are seeing here we have this green candle big full candle with a large body no wings right so what we set a support level here because why price and the buyers they tend to favor this level and this price itself okay so here's what happens we identify the support level after seeing this big full green candle with
no wigs right so then what happens price moves sideways for a while and then it comes back to the level itself so once it hits the level what happens the buyers jump in because they like the price and then from there price takes off right so price action doesn't lie in that aspect this creates a base fundamental level this is just the beginning of price action itself you you got to take note one single big bar can take down the entire downtrend and then one single bar itself because it's so strong it can also create
itself a support level mean reversion means that price is like a what like a rubber band right you stretch it so far it snaps back so let's break this down right so you look at this price action if you just Look at it it's like a a mess of candles moving up moving down here's the thing the moment once we put in a 50 moving average everything changes suddenly what's happening here you see structure you see a clear direction instant instead of like random movements in the market now you can see the trend the trend
is not hiding the is always there you just need what you need the right tools to review it right so you you see earlier when I say that hey it's not that I aq so you don't use indicators no indicators have their part to play but I'm not purely using indicators to trade price action is still the key okay so here's the thing let's continue when price drops significantly below this 50 moving average what happens it ends up returning back to the average itself so the same thing happens when price goes too high as you
can see over here price rises too much several times right so what it pulls back to the average itself so here's the thing it's like a magnet price always wants come back to the mean reversion area once it stretches too far away whether is it shooting up or or shooting down when it stretches and stretches and stretches it's like a rubber band keep pulling and pulling and pulling what's going to happen eventually it's going to go back up at some point it's going to go back up therefore if price drops way below the moving average
don't panic ah I got to sell now i got to sell now no no no no be patient watch for the rebound that's where the smart traders would step in this becomes a good time to buy because what price tend to revert and go back up to the average price itself which is the 50-day moving average in this case right so price will probably move back towards the average a lot of times it does does it happen 100% no nothing is 100% but a lot of time it does so what this becomes what this also
becomes a buying opportunity isn't it price move backwards towards the average smart traders they don't chase price price keep dropping no no ah price keep dropping i got to sell no no no no hold your fire right we wait we wait for price to snap back we find buying opportunities we snap back we find selling opportunities and that's where we plan our trades accordingly are you kind of seeing it a lot of traders get killed by false break a false breakout is a trap and smart traders they know how to avoid it let me give
you an example of what a false breakout will look like the market is going sideways right it's building up the pressure when price finally breaks above the resistance what happens traders are all going to jump in it's a breakout it's a breakout the market goes up and then boom it reverse that's a false break this false break it less the all the breakout traders and only to slam them back into that range itself why is it a false break i mean you have seen prices right where where where price breaks the high and only to
crash down after which right and that's where most traders lose their money right the breakout traders they get trapped they enter the trade thinking that it's a real breakout they enter probably later a little bit more and then the moment once they enter boom they get wiped out so for breakout traders here's the thing when their stop losses are hit it's like what it's like them placing a sell order which adds more selling pressure and them to push the price lower right so that is the core concept behind this force breakout technique let me give
you some examples right price fix a breakout it less the buyers in right and then after that it goes back down into the range itself this is a classic force breakout trap right so those who bought the breakout there painful if you think yourself as the trader who bought the breakout there right you bought at high you have stop loss right so where are your stop losses right below the breakout itself right this is also where the smart money comes in right so what's going to happen what's going to happen is that so these are
the areas right once price falls it's going to hit the stop loss right and then after which all these stop losses will be activated loss triggered right stop loss means what selling pressure right so that is the core reason why false breakout have such big moves downwards here's another example right not only a force break with closes right there is also what spikes up before coming down some people like this is this could be higher time frame right but in a lower time frame that actually closes right the bar actually closes above so depending on
people whether they place standing order in this case if it's a pending order because of a wick it got triggered to a lower time frame there's a probably a bar or so that closes they got triggered right that the trade the buy trade got triggered before boom reversing downwards itself another example right so what here's a low right now this is on the other side it breaks through this important low it tracks when it breaks through what all people who who wanted to short who wanted to sell at that this is the strong level and
then it has broken through it's the perfect breakout trade but instead of continuing the free falling the market goes back the bulls the buyers step back in they gain back control of the market and price starts to go up higher same thing this is a classic force break it shakes off all those weak hands right all those people who are weak right and and all the stop-loss placement that gathers the momentum for the market to go up higher and higher here's the pro tip for you i mean this is an important takeaway right that you
can make money right away the harder the price moves the bigger the trap when you're so sure that this is going to be the most powerful breakout trade that means what not just you a lot of traders are also looking into this there's not just buying orders there's also a lot of stop-loss orders once there is breakdown once the selling momentum kicks in all these buy orders is going to get wipe out to create all these stop-loss orders that's why I'm not saying those breakout won't work out you could see those breakout working out as
well but when those breakout becomes false break you're going to see all these big move that reverses down big time boom boom boom boom boom boom i'm sure you've seen them before that means it's is this breakout trade is not just an important area for you to buy it also becomes a very powerful reversal area for you to sell to make big profit is this tip good most traders they chase breakout after a big move after a big one a big one they boom what's break i'm going to go right in i'm going to chase
it it's going to break out right now i better get in now because the market is shooting up i better get in oh you're fired instead of doing that chasing it ah the market is going to break out now uh no time to calculate this and that no time to analyze this and that get right in and the moment once they get right in guess they get stop so instead of doing that as a trader you're always cool always come so what are you going to do here's one way look for the view up right
so when price what happens it grinds to a level of this high consolidation it's this this consolidation is not random this area is so powerful this area is what is building up building up momentum is like the stronger it builds the more it builds what happens the more power is going to be right so next time when you are when you see oh we break out I want to go back in I'll go right in no no hold your fire you don't have to do this kind of thing in trading because if you're going to
jump at all this in a way so-called FOMO right fear of missing out right wait for this control type range i'm not saying those would wouldn't work a lot of times some of them will work but as traders you're always cool calm collected right so wait this is you can wait for this control type range near the key levels this is where the best breakout happens when you see a tight consolidation that's where you want to buy because why it gives you a fantastic place to set your stop loss right you can position it where
just below the low of this bu up so because you're not placing your stop loss way below you're just placing it below this low of this bu up your riskto-reward ratio if this trade works out is going to be insanely good the build up at that point is low volatility but it's also gathering momentum for the breakout once it breaks price is likely going to search and that's where you can write the momentum instead of you chasing after it all right so as as what we talked about it's not about predicting the move it's about
you waiting to stack all these odds in your favor when the market gets ready to explode all right so now here's here's an example right the market don't just go up or go down what happens they build pressure right before they explode so all this period sometimes oh the market is not doing anything oh it's not that the market is not doing anything the market is oh so calm right now it's so boring the market is what is loading up at least all this all this movement they are loading up for the next big move
remember we don't chase after the trade right we spot this first we spot all these areas first and then we position ourself before the breakout happens you see what's happening over here price is making what higher lows they are squeezing into the resistance area the candles are tightening up it's not random all these big moves they start with small moves right and then the volatility they expand and contract and then boom it breaks okay so here's the play you wait for the tight view up the smaller the range the bigger the breakout potential right and
then entering after the buup right that's where you get a clean entry right you get a fantastic tight stop loss for a fantastic big RR let me give you another pro tip you can add the 20 period moving average when the market starts building up when the market starts tightening up if price keeps bouncing off this 20 period moving average during the consolidation this is your signal when the 20 period moving average it aligns with the low of this build up it's not random is the market showing you price is respecting the level the buyers
are stepping in right when the price holds the momentum builds that's where boom when it goes right you strike not after it goes up but right when it takes off here's another example price is building up right ing like a spring like spring like a spring press and press and press and press and press like press so what happens in this case it drops a sharp drops follow but here's what matters the 20 period moving average is pressing down the highs of this VWAP you see you see this is where we adding it right so
this is a clear sign that what the sellers are now in control price is respecting this level before it drives it lower let me give you your final golden nugget for today all [Music] right so instead of waiting for a breakout you can look for setups before they happen here's the two things to watch for number one the bu up on the daily time frame you already know the view up right so price should be what consolidating at the area you switch to another time frame you watch for a force break on the lower time
frame which is the 4hour time frame the direct time frame below it the 4hour time frame right that's where a failed breakout that traps the traders who wanted to buy if you catch this false breakout at the resistance area and chances are that the price is about to drop you're going to get an insane R from this all right so let's use the same examples before price is building up at this key level right so instead of just blindly jumping in what we're going to do we drop down to the 4hour hour chart all right
so that's where we are playing multiple time frames you spot for the force break that traps the traders at the highs so it gives you the perfect spot to enter before the official breakout below if that happens right so therefore by aligning these two time frames you're going to get in way earlier than everyone else because everyone else is waiting for the breakout below well waiting for the breakout below is good it's going to work right but there could be retracement and such but now if you get breakout at the top before the momentum drops
down that's where you're going to get an insane RR you can see that there's a couple of force breaks at the high here right the final force break they kind of trick everyone right it it wipe out all the previous highs so it kind of trick everyone is it going up no before coming back down so that's why we want to wait for confirmation instead of like chasing all these breakout right to give you the edge in the market you might take a couple of hits right before the real move this is part of the
game if you shorted the first false break you you could have locked in some profits at the lows to secure your win what keeping maybe a piece for the bigger drop right so that's also a way to play you don't have to predict every move you just got to position yourself all right so what here here's what could happen you can take half of your profit at the first key level all right now now I'm giving I'm I'm going more i'm going more right to taking profit you can take half of your profit because you
confirm right it's not confirmed that it's going to break out right you can take half of your profit at the first key level and if price breaks lower right you are still in the game to catch the bigger move downwards because you still got another half hour position left but if it reverses it's fine why because you already locked in your gains in the worst case scenario the market goes back up what happens you exit at break even so you're controlling your risk to become a smarter trader itself most traders they chase the price and
then they get hit right but for us we're going to be a lot better right because you watch this video by using the multiple time frame we are preparing for the move already we anticipate that it's going to happen you see this force break at the highest right like I said it's not random right it's the market doing the fake out to take away all the weak traders before the real move downwards so when we align it with the higher time frame what happens the higher time frame is what higher time frame is down right
it's a downtrend when this does it becomes a high probability shorting because why we are not not just randomly trading we are now trading in line with the higher time frame downtrend as well uh-huh uh-huh all right so you see all this positioning right plus the build up plus the false breakout this is how you add them up here's an example so you look at this chart right price is stacking up right it's building pressure building pressure building pressure it's getting a very strong tension here's where the most traders they miss out instead of waiting
for the obvious breakout we drop to the lower time frame for example the 4hour right that's where you spot early signs small shift weeks rejecting the level before it means what momentum coming in at a point it could be a pin bar for example or you go to dogey at this level that's where we get in before the breakout happens at the bottom you get in here it comes down there like I show you that the take profit method you can get in get up half get up as as it breaks below this is a
this allows you to get in before the rest of the people get in at the breakout out itself here's the thing if the market does a breakout a false breakout don't get trapped in it should I get out this and that or whatsoever no no no no no we use it to our advantage should I get in should I get out that kind of thing no no no no if we want to go short we watch for the force break at the resistance area where price push up higher it gets in it sucks in all
the buyers and then boom come back now this is your moment to go short right if you want to buy on the other hand you will spot a force break at the bottom at a support level where price dips below and then after which it s it all the the the all the weak hands they get stopped out for example it goes back up that's where you get ready to buy the smart traders us we wait for the trap to take effect right remember the momentum once the the the stop-loss order will kept will keep
coming in that's where the momentum builds this is why this method works so great itself right When everybody is frantic everybody is losing this is where you're profiting big time because the move is really really big price action is the king lebron James no lagging indicators just reading the raw market right you read the raw market movement to see who is in control and then you anticipate the move you pre-plan and here are the five price action trading strategies that we have covered number one the big full candlestick right this itself is gold a single
bar right becoming the support and resistance right so what most traders they undermine the power of such candlesticks but this candlesticks they tell you a lot about not just the strength of the current market but it also sets you up the important support and resistance level for the next couple of frames number two the mean reversion so price what it always wants to re return to its average okay so don't chase the move when the market keeps going up i want I need to buy that kind of thing don't chase the move when it's so
far away from the actual value itself right number three force break right spot the trap when breakout traders they get caught then you as the smart trader you trade the reversal method number four the build up strategy so what you look for the tight consolidation before the breakout for the best R the risk-to-reward ratio number five the preout method watch for false breakout in the lower time frame before the big moves good good good good good so thank you so much for watching if you enjoyed this video please give it a thumbs up right it
really helps to keep the channel growing and if you are new here don't forget to hit that subscribe button and turn on the notification bell so that you never miss an upload so we also love to hear from you right and drop a comment below and let us know what you think or what you like to see next i mean your support truly means the world to us it keeps us motivated to bring you awesome content every week and if you're keen to learn more I've created a free five-part comprehensive training where I show you
exactly how I trade using my lifestyle method link in the description below
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