What Is Price Action Trading A Complete Guide
In some ways, trading concerns price action; finding the appropriate time to buy or sell depending on the movement of price. However, the specific strategy of price action trading means discovering order throughout the random movement of an asset price. Price movement plotted over time forms the basis for almost all technical analysis. The movement of price can form patterns. Short to medium-term traders ‘read the market’ to discover formations, trends or patterns that help formulate trading decisions....