What is Price action?

[gretongan]

I was always hearing about this price action. But never didn't try to understand about this and thought it is so critical factor in forex to understand. From this fascinated post I have come to know about the price action. Really it is a whole scenery of forex trading.

[belieber]

The concept of price action trading embodies the analysis of basic price movement as a methodology for financial speculation, as used by many retail traders and often institutionally where algorithmic trading is not employed, and at its most simplistic, it attempts to describe the human thought processes invoked by experienced, non-disciplinary traders as they observe and trade their markets.

[blonur]

Price action trading is the art and skill of making all of your trading decisions off of 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. All financial markets generate data about the movement of a security over varying periods of time in the form of price charts. Price charts reflect the beliefs of all participants trading the given market during the specified period of time.

[ArfianFx]

yes.. price action is basic to trading because candle stick can say to where move on the next step if u know about that.. on candle have any secret of trading if u understand and the not much trader use it and all still lose if use indicator because indicator just following candle..

[HaQi]

an gripping rib. I opine damage action is soprano behavior when it is at the saturation sail of a longstanding laxation, either up style or low taste. techniques to be healthy to patronage with actin price it helps you acquire nearly holder patterns and interpret patterns. because I cogitate it's a rattling essential technique dalah for you, in condition to use damage proceeding techniques.

[suzonbmw03]

HELLO,Alot of traders when they first started trading forex, they have tons on indicators on their charts. Trying different combination of which works best for them. And at the end of the day, they get confused all over as one indicator may be telling you to go long, but the other is telling you to go short.price action is a good strategy. but it takes experience to understand the workings of this strategy. such supplay and demand strategy, not use indicator, just looking at the chart to analyze price movements to determine supplay area and demand area.

[sejiti.rp]

Price action trading is another method where the forex market trader, do not use the index for its decision. Instead of a businessman in his chart price movements and monitor the price movement of different patterns depending on the value of money and trade estimates.

[Chamika]

this is a very good topic to talk about.. Price action is just another method of trading in Forex market and indicators are not essential when we are using this method. the most important thing is the price movement and decide where the price is moving to the next level.

[sachin]

It seems to me that price action is the nature of price when it is at the saturation point of a long movement.This movement depends on the economic condition of a country and it may be either up trend or down trend.

[pedagang]

The price action is trading in the Forex market method where traders do not use indicators for the decision. Instead traders monitor price movements on charts and based on different patterns of price movements he predicts suitable price movement and trading to make money. I think this method is not good when compared to technical analysis