Price Action Trading

Have you noticed that the analysts always have bad news lined up citing the reason for the downward move and have good news lined up citing the reason for the upward move? However, the news is mostly released after the move. How to position yourself to trade before the move happens? By closely following the price action of the equity considered and trade based on the clues provided.

So, what is Price Action Trading? Price action trading is a form of technical analysis where traders make decisions solely on the price movements in the market. If you have followed the trading psychology post, we…