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Price Action Definition #1

Education
FOREXCOM:GBPJPY   British Pound / Japanese Yen
Price 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
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