Is Price Action Analysis The Same As Technical Analysis?

Discussion in 'Technical Analysis' started by easymon1, Sep 30, 2020.

  1. easymon1

    easymon1

    murray t turtle likes this.
  2. %%
    The answer is no+ no.
    But price is included in ta; but not the same thing @ all. Mainly print or have printed. SPY,QQQ/whatever ,10 year charts, 200 day moving average on I year charts;50dma on volume.
    I like moving averages/but they simply underline/overline price.The fact some traders hate moving averages/thats good/LOL...………………………………………………………………..
     
    Last edited: Sep 30, 2020
  3. Last edited: Sep 30, 2020
    murray t turtle likes this.
  4. easymon1

    easymon1

    what's your latest method, generally speaking?
     
  5. maxinger

    maxinger

    What a badly written article.

    Trading involves a lot of looking at visual / graphics / diagrams / pictures

    and not looking at ABCDEFG ....

    Further different people define PA and TA differently.

    The writer must include graphics / diagrams / pictures to
    illustrate PA vs TA.
     
  6. Hello easymon1,

    I trade the 3 minute chart, price action only, no indicators.

    If I see, price going doing, I sell the market, at bar close.

    If I see , price going up, I buy the market, at bar close.

    Put the stop loss at location where if I am stopped out price better go the other way. no fake out crap, tight loss stuff. I like wide stops

    Set profit target at whatever (minor or major) resistance or support my eyes see on the chart.

    Wait to make money or lose money.

    Prepare for the next trade
     
    Fonz and easymon1 like this.