What is price action trading?

Discussion in 'Forex' started by Coner1980, Jan 21, 2021.

  1. Anybody plz can you explain what is price action trading?
     
    SimpleMeLike likes this.
  2. padutrader

    padutrader

    Brooks can wa.jpeg
     
    jys78 likes this.
  3. Overnight

    Overnight


    Too bad he's a narrow-minded person who think the only bars in the universe are time-based bars. Let's see him try it on Renkos. And for that matter, you also, padu.

    HA HA!
     
  4. Pegrinn

    Pegrinn

    I can't disagree with you and add even nothing, it's really just a flaw
     
  5. algoseek

    algoseek Sponsor

    Price action trading is trading purely based on the movement of the prices of securities.
     
  6. In price action trading, traders make decisions about trades based on price movements rather than on indicators derived from technical analysis.
    In simpler terms, traders follow the movement of prices and trade accordingly.
     
    toucan likes this.
  7. Jenzien

    Jenzien

    A trader uses price action to analyse the movement of prices. It generated a signal when to enter and exit a trade. Short term traders mostly use it for quick profits.
     
  8. If there is such a thing as "the holy grail of trading the markets", it's in understanding "Price Technical Analysis". Anybody who claims otherwise doesn't know what he's talking about.
     
    toucan, SimpleMeLike and CALLumbus like this.
  9. Works in all markets, all time frames.... Forex, commodities, equities, debt... everything.
     
    SimpleMeLike, CALLumbus and toucan like this.
  10. VEGASDESERT

    VEGASDESERT

    An example of Price action trading...

    You see three strong bars all closing on or near there highs and nothing to the left of the chart.

    Price is breaking out and likely to go higher even if it pulls back.

    Hit the Buy button.
     
    #10     Jan 22, 2021