Price action how does it work?

Discussion in 'Trading' started by Aline86, Jan 20, 2020.

  1. wrbtrader

    wrbtrader

    Go to Google.com and type in Price Action Trading.

    Yet, being tired is your way of saying you're not profitable with all those indicators ?

    wrbtrader
     
    #11     Jan 20, 2020
  2. schizo

    schizo

    This particular topic has been extensively covered in the past.

    https://www.google.com/search?q="pr...rome..69i57.7730j0j4&sourceid=chrome&ie=UTF-8
     
    #12     Jan 20, 2020
  3. ironchef

    ironchef

    The beauty of price action is it is in the eye of the beholder. For the same chart, you can interpret anyway you want and a million people very likely have a million interpretations.
     
    #13     Jan 20, 2020
    notagain likes this.
  4. Sprout

    Sprout

    Volume leads price, no exceptions (other than PA traders whom claim otherwise.)

    The above is directly observable but requires drills to clarify perception.

    This is a minority opinion.
     
    #14     Jan 20, 2020
    Nobert, MACD and comagnum like this.
  5. Aline86

    Aline86

    well saying that it looks like very simple
     
    #15     Jan 20, 2020
  6. Aline86

    Aline86

    Really?
     
    #16     Jan 20, 2020
  7. Aline86

    Aline86

    is this mean, no way to success for normal people?
     
    #17     Jan 20, 2020
    murray t turtle likes this.
  8. Sprout

    Sprout

    Only if you following the conventional wisdom which is based on a class of math that introduces noise.

    The financial industry mostly derived it’s profits through fees not effective and efficient use of capital.
     
    #18     Jan 20, 2020
    MACD likes this.
  9. Metamega

    Metamega

    I feel like the term “price action” will be the same as technical analysis. I mean when computers came out, technical analysis was the way to do it. Everyone learned it’s not that simple.

    I’ve always kind of viewed quantative, technical analysis, price action all the same. You expect the past to repeat and provide a profitable and repeatable edge.
     
    #19     Jan 20, 2020
  10. Handle123

    Handle123