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Price Action Definition #1Price Action Definition #1 Hello My Dear Traders... I Am A New Trader... Not Too Long In The Game... But Just Starting Out On Social Media To Help Grow Myself As A Price Action Trader I Am New To Trading View And I Am Hoping That I Can Fit Right In And Hopefully Make Some Great Educational & Analytical Content With Accurate And Understandable Information... Thank You Price Action Trading Is My Way Of Trading... And I Just Wanted To Share Some Information On This Great Trading Style Of Trading The Markets Using Past Historical Price Movement And Data Price Action Trading Is A Style Of Trading That Utilizes Price Movements Across A Specific Time Period Price Action Traders Base Their Trading Decisions Off Of Price / Market Movements Rather Than On Market Indicators Price Action Trading Ignores Other Means Of Analysis Such News / Economic Events And Fundamental Analysis That Tend To Influence The Movements Of The Markets Price Action Traders Use Raw Price / Market Historical Data To Help Them Predict Future Price Movements And Market Direction. This In And Of Itself Is A Form Of Technical Analysis As A Price Action Trader... your main concern is to know how to Read And Understand the movements of the Market. A Price Action Trader ignores all the fundamental factors that tend to influence the movements of the market. Price Action Traders solely rely on Price Action Data And Past Historical Market Data to help them predict future Market Movements And Direction. Price Action is the Movement Of Price And How Price Changes... which is the "Action" of price. Price Action is much easily observed in markets with High Liquidity And Volatility. But any market where anything is Bought Or Sold will most certainly produce some kind of Price Action Price Action Is A Great Way Of Trading... It Has Been Around For Many Many Years And Has Been Used By Many Many Traders All Over The World For Many Decades... As The Saying Goes... PRICE ACTION Is King
Education
by UnknownUnicorn33425005
1
Price Action Is Key!!!Price Action Trading Is A Method Of Trading Where Trading Traders Are Able To Make Trading Decisions About Trades Based On Price Movements - Price / Market Data... Without Relying On Indicators etc... #1. Price Action Refers To The UP And DOWN Movement Of A Security's Price When It Is Plotted Over Time #2. Candlestick Patterns - Candlestick Formations - Chart Patterns Are Derived From Price Action. #3. Price Action Involves The Use Of A Naked Market Chart... With The Use Of RAW PRICE DATA #4. Price Action Is Definitely Leading The Way... To Trading Without Lagging Indicators #5. Price Action Does Not Involve Those Messy Charts And Clutter That Takes Up Half The Screen
Education
by UnknownUnicorn33425005
Market Trading AffirmationsAn Affirmation Is Defined As An Assertion That Something Exists Or Is True. An Affirmation Is Designed To Help Remind You And Encourage You That Something Must Be Done And It Must Be Adhered To As The Saying Goes... As A Trader “You Cannot Change The Markets... You can Only Change Your Response To What They Do.” Trading Affirmations Are Very Important And Very Much Needed Whenever You Attempting To Trade The Markets • Pre-Trade Affirmation #11- I Will Never Trade Over My Pre-Determined Risk Threshold And I Will Stick To My Pre-Determined Dollar Risk Amount • Pre-Trade Affirmation #12- I Have A Completely Relaxed Self-Assurance. I Am Also Sure And Very Certain About Myself And All That I Do In Each And Every Situation That May Arise • Pre-Trade Affirmation #13- I Need To Continuously Prepare Myself To Continually Monitor My Susceptibility To Making Trading Errors By Keeping A Full Log With Details And Information About Them • Pre-Trade Affirmation #14- I Need To Accurately And Positively Learn To Keep A Detailed And Descriptive Forex Market Trading Journal Of Each And Every One Of My Trades… No Matter The Outcome Of The Trade • Pre-Trade Affirmation #15- I Am Committed To All And Whatever It Takes For Me To Reach My Trading Goals – My Trading Visions – My Trading Beliefs – My Trading Objectives And Most Of All My Trading Achievements Pre-Trade Affirmations are very important. You would never want to start your day much less your Trading Day without your Pre-Trade Affirmations. They are very important and a very crucial part of your Trading. (You Should Always Read These Each And Every Day Before You Trade)
by UnknownUnicorn33425005