Priceaction.com Website Review

Welcome to PriceAction.com, this site is your hub for everything price action trading. If you want to get rid of the noise and confusion that often accompanies trading, then learning to trade with simple price action trading strategies is your best bet. price data with no third-party indicators, news or fundamental data. The cliché expression to describe price action trading is “na*ed trading”, because it involves trading on a ‘na*ed’ price chart, i.e., a chart devoid of any indicators or other technical an*lysis tools, besides the raw price data or price action of a market. More specifically, the discipline of price action trading does not utilize lagging indicators, trading systems or algorithms, instead the trader’s intent is to ‘read’ the price and map out key market levels, identify price action signals and other chart patterns which provide clues as to the future direction of the market over different time periods (short and long-term). 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 in the form of price action. Thus, price charts reflect the beliefs and actions of all participants (humans or computers) trading a market during a specified period of time and these beliefs are portrayed on a market’s price chart in the form of raw price action. The price action trader subscribes to the belief that all economic data and world news that causes price movement within a market is ultimately reflected in that particular market’s price chart, via its price action. Whilst economic data and other global news events are often the catalysts for price movement in a market, as traders, we don’t need to an*lyze these variables to trade the market since all this data ends up being reflected by a markets price action anyways. Since a market’s p.a. reflects all variables affecting that market at any given time, using lagging price indicators like stochastic,