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About STEP 1

Step 1: Learn to Read Price Action

Hello...it's Erik here and I'd like to welcome you to Step 1.

Thank you for your interest in my site.

Step 1 is a handy index of stock price behaviors that includes over one hundred (100) annotated charts to help you learn how to read and interpret the market's price action on a weekly bar chart.

Specifically, you'll learn how to recognize distinct price behaviors found in stocks that are basing and topping.

This will help you distinguish between normal and abnormal price action in a stock.

Step 1 is important because it gives you a strong foundation for understanding the resources in Step 2.

Now - please let me tell you why Step 1 is all about learning from stock price behaviors.

To be brief, you should study historical stock charts because history tends to repeat itself.

Please don't take my word for it.

It's one of the three principles that forms the backbone of technical analysis.

After you complete Step 1, I would like to invite you to view the chart examples within Step 2.

I'm confident that Steps 1 & 2 will help you save time, improve attention to detail and shorten your learning curve for stocks basing and topping.

As you may already know, a stock chart is a picture of the market's collective opinion and that's a critical source of information to consult before you make any decisions with your hard-earned money.

If you invest your time to learn the price behaviors detailed within Step 1 AND faithfully search for them at the end of each week, you'll be more aware of important facts given off by the market.

Do you also know what that means?

It means that it will be harder for you to be misled on the market because you are watching the market (majority opinion) as it unfolds week-by-week.

Before you get into Step 1, please let me explain how it's set up to help you.

To do that, I need to describe the Categories of Price Behaviors and the Category Format that adds structure to Step 1.

Categories of Price Behaviors

I've placed each behavior into one of three categories:

  1. Prebase Behaviors
  2. Base Behaviors
  3. Topping Behaviors

These categories will give you an idea where to look when you're searching for these price behaviors today.

Category Format

Each price behavior within its individual category contains the following:

  1. Description
  2. What you need to know
  3. Historical stock chart examples

This combination will help you learn how to read the market (price action).

There's one more important topic that I need to review and that has to do with the navigation that's built into Step 1.

I set up Step 1 so that you'll never have to guess where to go next when you are viewing my content.

At the end of each price behavior, there's a link to take you to the next behavior.

You can skip around if you'd like, but Step 1 will take you from Prebase Behaviors to the end of Topping Behaviors without indecision.

That's all you need to know before starting my index.

For now, just click on a link directly below my name to begin your education.

My very best to you,

Erik Grywalski

Attention:  Before starting Step 1 (Prebase Behaviors), please read the first two (2) articles below.  They will help you understand why a stock chart is critical to use and what exactly makes up technical analysisIt's best if you read #1 and then finish with #2.  If you follow the highlighted prompts at the end of each article, you'll return to the beginning of Step 1 (Prebase Behaviors) after you complete reading the articles.

Please >>CLICK HERE<< to read Article 1.

Please >>CLICK HERE<< to read Article 2.

Please >>CLICK HERE<< to skip the articles and start Step 1 to learn about four important accumulation behaviors that may help you discover new stock investment ideas.