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Forex General Discussion General discussion of forex trading. Any common discussion related of forex could be find here except of Forex systems.

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  #1  
Old 13-01-2018, 12:54 PM
Luke Hansen Luke Hansen is offline
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Default Price Action trading Strategy

Price action trading strategy is one of the widely used trading strategies in the forex market. In this strategy, traders give focus on recent and actual price movements available in the forex market. However the name “price action” is telling many features of it. Traders try to analyze the changes in the present price in order to predict the future price and thereby they are trying to read the market and give their confirmation of trading currency pairs from the price information.
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Old 16-01-2018, 07:34 PM
forexfactory forexfactory is offline
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Price action is a very simple and yet technical trading method to use. The best way to use this method is to have a clean price chart. Your chart must be clean and free from lagging indicators. Indicators bring more variables and this will create too much noise and distract you from seeing the real prices. A clean chart without indicators is the best way to trade with Price Action.
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Old 16-01-2018, 10:22 PM
abu85 abu85 is offline
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Trading with price action can be as simple or as complicated as you make it.
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Old 25-01-2018, 01:24 PM
Electric Rainbow Electric Rainbow is offline
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In simple terms and from a trader’s perspective, price action refers to any change in prices, that is viewed on any type of price chart and on any time frame.
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Old 11-02-2018, 05:44 AM
Frigo Frigo is offline
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Of course, any respectful trader should track the price on the market. It's a key factor in selling and buying.
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Old 12-02-2018, 01:31 AM
Josesv Josesv is offline
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Is the discipline of making all of your trading decisions from a stripped down or “naked” price chart. This means no lagging indicators outside of maybe a couple moving averages to help identify dynamic support and resistance areas and trend. All financial markets generate data about the movement of the price of a market over varying periods of time; this data is displayed on price charts. Price charts reflect the beliefs and actions of all participants (human or computer) trading a market during a specified period of time
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Old 23-05-2018, 05:33 PM
Halt Halt is offline
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The movement of the price is the best indicator itself as future price level is dependent on the current level. Many experienced and huge investors only believe in the price action for their predictions and investments. Am I right in this regard?
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