Price action is the study of raw price movement — reading the chart itself, without relying on lagging indicators. Instead of asking "what does my indicator say?", a price action trader asks: "what is the market actually doing right now, and where has it been before?"
Every price chart is a record of the battle between buyers and sellers. Every candle, every swing high, every swing low — these are footprints left by millions of market participants. Learning to read those footprints is what separates traders who react to the market from traders who understand it.
Markets do not move randomly. They move between zones of supply and demand that have been established by previous price action. Once you can identify these zones, you can predict — with high probability — where price will pause, reverse, or accelerate. Everything in this lesson builds that ability.
Every indicator — RSI, MACD, Bollinger Bands — is derived from price. An indicator is just a mathematical formula applied to historical candles. If you do not understand what price is doing first, no indicator can save you. This is why professional traders learn price action before they ever add a single indicator to their chart.
Before placing any trade, price action traders ask two things: (1) Where is price now relative to major levels? and (2) What is the current trend direction? If you cannot answer both questions cleanly, the trade is not ready.