Curso Gratis De Trading Con Acción del Precio

Finance-focused summary (Price Action Trading Course)

Core idea / recommendation

• The instructor teaches price action trading by analyzing candlesticks only—i.e., remove all indicators—to judge future direction and best entry points.
• Strong emphasis is placed on probabilities (not certainty) and on combining multiple “elements” rather than acting on a single signal.

Instruments / tickers mentioned

• EUR/USD (referenced repeatedly on weekly and daily timeframes)

---

Methodology / step-by-step framework taught

1. Use price action only

   • Delete indicators and analyze the chart using candlesticks.

2. Classify market structure using “Daw (Dow) Theory” concepts

   • Market moves in uptrends, downtrends, or ranges.
   • Trends unfold as impulses + pullbacks.
   • Definitions:
     • Uptrend: higher highs + higher lows
     • Downtrend: lower highs + lower lows
     • Range: highs/lows are flat, and price oscillates between levels

3. Measure pullback depth (impulse continuation levels)

   • In the context of an ongoing trend, pullbacks often reach 1/3, 1/2, or 2/3 of the prior impulse.
   • Implementation: use Fibonacci retracement (levels preset in TradingView).
   • Caution: hitting these levels doesn’t guarantee reversal/continuation, but many traders watch them.

4. Identify “specific elements” that make up price action

   • Patterns (e.g., double top, wedge)
   • Candlesticks / Japanese candles (e.g., bullish engulfing, bearish engulfing, doji)
   • Acceleration vs. deceleration
   • Support and resistance (including reactions at levels)

5. Avoid trading “one element in isolation”

   • Don’t trade solely because price touched support or resistance.
   • Don’t enter solely on a single candlestick or single pattern.
   • Reasoning: too many false/low-quality setups lead to poor trade quality.

6. Combine elements for higher-probability trades

   • Examples of combined logic:
     • Resistance + slowdown/deceleration + bearish engulfing + double top
     • Trend direction + Fibonacci pullback zone (1/3 / 1/2 / 2/3) + support/resistance + wedge + candlestick confirmation

7. Confirm breakouts (not just “break” the level)

   • A “novice” reacts immediately on breakout.
   • An “advanced” approach waits for confirmation over subsequent candles/days, using deceleration/reversal evidence.

8. Execution & risk controls (instructor’s style)

   • Stop loss placement:
     • Typically above/below the previous high/low near the level used for the setup.
   • Take profit / exits:
     • Preferred quick exits (fast targets, not long-horizon holds).
     • Exit around the beginning of the next move / “start of the pattern” in examples.
   • Limit order vs waiting for confirmation:
     • For confluence zones involving support/resistance + Fibonacci, the instructor discusses:
       • Using a limit entry with protection (but stops must be stricter), or
       • Waiting for reversal confirmation, then entering/exiting using the instructor’s preferred stop/target logic.

9. Emphasize “wedge completion”

   • Enter only when the structure is “practically complete,” otherwise there’s risk of a further move against you.

---

Key cautions / “how not to trade” (explicit)

• Avoid trading just because:
  • Support/resistance was touched → described as generally leading to failure (not always, but often).
  • A pattern appeared (e.g., double top) → may trigger an immediate stop loss without other confirmations.
  • A single candlestick appeared (e.g., bullish/bearish engulfing) → described as more dangerous than multi-candle patterns.
• Candlestick/pattern signals in “no man’s land” (away from meaningful levels) are described as useless.
• Profit outcomes are probabilistic; the instructor discourages hindsight arrogance (you can’t assume the exact best move was available at entry).

---

Key numbers / levels mentioned

• Pullback retracement levels: 1/3, 1/2, 2/3 of the prior impulse (via Fibonacci retracement).
• Fibonacci-related execution discussion includes: 1.0 / 1.362 / 2.362 (used to describe confluence/resistance zones and possible retracement/extension areas).
• Performance/return example (non-price-action metrics):
  • Example trade profit described as “1.81” (units not fully specified; context suggests %).
  • Mentions ~5% average monthly return and references “one and a bit” style risk/return ratios.

---

Macro/markets context

• No macroeconomic indicators, yields, rates, or fundamental market drivers are discussed.
• The context is purely technical chart/structure (EUR/USD and timeframe examples).

---

Disclosures / disclaimers

• No explicit “not financial advice” statement appears in the provided subtitles.
• The instructor repeatedly frames trading as skill/education and emphasizes probabilities and risk (i.e., outcomes are not guaranteed).

---

Presenters / sources

• Presenter/instructor: Alex (referred to repeatedly as “Alex”)
• Source concept mentioned: Charles Dow (for Dow Theory / “Dau theory” in subtitles)
• Platform/tool referenced: TradingView (indicator deletion and Fibonacci tools)