Intraday Trading Strategies Beginners – Intraday Trading Price Action
In this Intraday trading strategies video, I have covered Intraday Trading Price Action analysis in great detail. I have used Candle Volume charts, Weekly High Low ranges, Pivot Points and Support and Resistance points to explain various details about Intraday Trading Price action.
I have begun this video by explaining some basic Intraday Trading Candlestick Patterns wherein I have shown that more than Pattern, it is the overall context of Price Action that is more important. Too many Intraday Trading Strategies are devised without understanding the importance of studying Price Action of previous Intraday trading sessions.
I have highlighted 6 most important Intraday Trading Price Action patterns and have shown through Candlestick Volume chart to identify strong patterns around various important points on charts. I have shown how it is important to first understand the price action context and then use these Intraday trading setups in Day Trading.
As I progress in this Intraday Trading Strategies series, I intend to use all these concepts discussed in individual parts to present you with a framework when it comes to Intraday Trading. It is important to realize that while Intraday trading means day trading for the given day, it is often the price action 3-4 days before the current day which matters the most. This is the exact message I have tried to deliver with this intraday trading video.