WHAT IS PRICE ACTION ?

Price action is a well-known method of Technical analysis to interpret & describe price movements of stocks or security.  Price action  is  an art of making all of your trading decisions from a natural & clean price chart. 

Price charts reflect the beliefs and actions of all participants during a specified period of time (in market hours ) and these beliefs are portrayed on a market’s price chart in the form of “price action” .

  1. PRICE ACTION IS “HOW PRICE CHANGES” OR ACTION OF PRICE.
  2. IT HELPS TO TAKE CLEAR DECISION OF ENTRY & EXIT.
  3. IT KEEPS YOUR CHART CLEAN.

USING LAGGING PRICE INDICATORS LIKE STOCHASTIC,MACD,RSI & OTHERS IS JUST A WASTE OF TIME

PRICE ACTION CONTAINS

THESE ALL FOUR CONCEPT ARE RELATED TO EACH OTHER & IF YOU ARE ABLE TO UNDERSTAND THEN YOU ARE ON RIGHT WAY.

CANDLESTICK

BULLISH TREND

BEARISH TREND

FLAT MARKET

MESSY CHART  VS  CLEAN CHART  

     MESSY CHART

CLEAN CHART

HAVING A SOLID UNDERSTANDING OF PRICE ACTION WILL ONLY MAKE YOU A PROFICIENT TRADER. IF YOU’R INTRESTED  IN LEARNING HOW TO TRADE WITH SIMPLE PRICE ACTION STRATEGIES, CHECKOUT MY “ TECHNICAL ANALYSIS COURSE” FOR MORE INFO.

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