Forex Price Action Strategy

Forex Trading in price action is a method of financial market speculation which relies on analyzing the movement of basic prices over time. Anything which influences the market and makes it move, from news and economic data to major players such as hedge funds and banks, is expressed on a price chart by the raw price action. There’s a lot of ways traders can take advantage of market-price action. Various types of technical analysis such as Supply and Demand, indicators, support, fib retracement, etc. It can be used as a way to define changing price behavior. It helps FX traders in periods of heightened uncertainty to search for trading opportunities. A Market trader using price action strategies should aim to analyze the market in order to make informed trading decisions about current and probable price changes. The trader examines the relative size, shape, volume of the bars on a high-low open-close chart of bars or  candlesticks chart , beginning as easy as with a single ...

In Forex all price movement comes from buyers and sellers. When the price action trading goes up It is because there are more buyers than sellers and vice versa. The Foreign exchange market is in a state of constant battle between buyers and sellers. Trading in markets includes analyzing who owns and controls prices, buyers or sellers and whether they are likely to remain in the trade. Study of the price action was first developed by Charles Dow, who formed the basis for modern technical analysis. It has already been amazingly developed and improved since its inception. Knowledge of price action allows you the extra edge you will get over the profit line. That’s one explanation why so many forex traders are involved in using a  price action strategy  as one of their main trading decision-making tools Because price action isn’t predicting the future like many others indicators that never lies; this will tell you how the market will behave in different time fram...

The history of the Forex candlestick takes us back to Japan, pretty interesting, right? Candlestick charts go back as long as 500 years from now. Used by Japenese traders to analyze the price on the rice market. Off course techniques have developed and evolved and the candlestick was used by lots of other traders around the world. Now you know how and where the important candlestick was born. Price Action Candlesticks The western approval of the Japanese candlestick Forex charts was just 25 years ago. Step by step it gained popularity in the trading community of the USA. It wasn’t as well known before because people thought it was hard and complex to master the Japanese candlestick technique.  Candlesticks are the purest form of  Price Action  that gives us a visible view of what’s happening in the market. Signals at a candle chart are exactly the same as on a bar graph. However, candle charts tend to be more trustworthy and are more visual. Candlesti...

Technical chart analysis is the multiple patterns the chart shows and all forms of price action. Also the overall analysis and the movement of the market over a certain time period. A soon you’ve learned to master the price action and how to determine the price action. You are ready to make a benefit of certain movements in the market. Price Action is making the most of your trading decisions on a clean chart. Free of indicators and influences from the past. You could add the moving average for some extra help. Since Price Action reflects al variables of a certain market over a certain period with the help of price indicators as Stochastic or MACD. You won’t need all the other indicators since they simply just distract you. Only information you need to make a winning strategy is the raw movement of the market. Fundamentals of Price Action Strategy As told before, economic variables will move the market as well. Think of what I told ...