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Price Action Basics · Weekly Live Session · 1:09:20 video · Urdu / Hindi

The most important points for a price action trader

A live session collecting the points that matter most when you trade with price action, from reading context to managing the trade.

Dr. Qazi Abdul Basit
Video lesson by Dr. Qazi Abdul Basit, Ph.D · Forex & Gold trader since 2013
Notes by the Qazi Forex Tips team · Updated 23 October 2026
Watch in Urdu / Hindi · 1:09:20·Open on YouTube

In this lecture

  • The most important points for price action traders
  • Recorded live session from 22 January 2023

Lesson notes

Context first

Start from the higher timeframe: is the market trending or ranging, and where are the main levels? A good candle in the wrong place is still a bad trade.

A checklist before every trade

  1. Direction: trend and structure on H4 or H1.
  2. Location: price at a marked level or zone.
  3. Trigger: a rejection or momentum candle that has closed.
  4. Risk: stop loss beyond structure, lot size from the stop.
  5. Reward: room to the next level, at least 1:1.5–1:2.
  6. News: nothing big in the next minutes.

After the entry

Do not move the stop loss further away. Follow your plan for partial profits and break-even, and write the trade in your journal.

Khulasa (Roman Urdu / Hindi)

  • Pehle higher timeframe ka context.
  • Checklist: direction, level, candle, SL, reward, news.
  • SL kabhi door na karein.
  • Har trade journal mein likhein.

Questions

What is the most important thing in price action trading?

Context: trading at the right level in the direction of the higher-timeframe structure.

What is a price action checklist?

A short list you check before every trade: direction, level, trigger candle, stop loss, reward and news.

Do price action traders use indicators?

Some use none; others use one or two for confirmation. The decisions come from price.

How do I improve my price action reading?

Mark levels and structure every day and backtest your setups in a replay simulator.

What is confluence in trading?

Several reasons meeting at the same place, such as a support level, a Fibonacci level and a rejection candle.

Should I move my stop loss to break-even?

Only according to a rule you set in advance, for example after the first target is reached.

Related lessons

Price Action BasicsWhat is price action, and why technical analysis mattersPrice Action BasicsRejection and momentum candles for a precise entryMarket AnalysisTypes of levels every forex trader should know

Education only, not financial advice. Trading forex, Gold and CFDs carries a high risk of loss. Examples are for learning; test any method on a demo or in a simulator before using real money.