Trading only with price action does work and there are many successful traders out there using candlestick chart only.
Trading only with price action does work and there are many successful traders out there using candlestick chart only.
if I am in sisni menerut we must be smart in starting a market where and how this system works by analyzing the market usually when a company has a self analysis to find out the price movement for the future. and do not use robots
we analyze our own market it doesn't mean how another trader is analyzing his or her own market as a trader you have you own technique that you are fellowimg
Price action in forex is a reliable indicator if their is momentum in current price movement, but profitability on this approach depends on how you integrate in your strategy and you should implement good money management, since nothing is a 100% sure in Forex.
Discipline And Risk Management Are Both Very Important In Trading!
Price action works, do you know why? It uses the power of your brain to see what is actually happening in the market. Your brain is much smarter than an indicator. Indicators will tell you what happened but your brain tells you what is happening, notice the difference that am emphasizing on. personally i only use trendlines, support and resistance.
Trading by price action is highly profitable as well as the use of indicators while trading. They are useful tools..
indicators are good to be applied but the price action matters alot for any forex trader. just does it matter with broker Yes some brokers moves are slow and suddenly jump of the sky.
You use price action in forex trading by combining it with trend lines and candlesticks. It is an artillery for trading the market with naked trading strategy.