Skip to main content

Forex Price Action Strategy – The Forex Scalpers

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 you about fundamentals.

Movements like this are clearly recognizable. Just for the fun of it you should look up the chart of GBP/USD. Around the Brexit Referendum, you will see a clear drop in the value of the GBP.

Price action analysis make use of the overall cure price data. That’s why this strategy could be used on every trade at the financial market. Before Starting Price Action strategy make sure you start with a clean sheet. Remove all other distracting indicators in the past.

Price Action Strategy

There is a big difference between charts with indicators and charts without. Example underneath will show you the difference. Take a look at both charts and tell me which one looks easier to analyze? Also charts with lots of indicators won’t give you more information. They only give you distracting information from the past that you really don’t want to know.


  1. Great blog post! Price Action is making the most of your trading decisions on a clean chart. If you are ready to make a benefit of certain movements in the market then take simple forex trading course for beginners.

  2. I liked the way you explained the subject. Really, your blog has a lot of stuff. Thank you for sharing such valuable information with us. We also provide such information to Audience. You can also check our blog at once for more information.
    Montecarlo Ltd
    Forex Charts
    international trade
    Happiest Minds Technologies

  3. Nice article thanks for sharing such a valuable information with may also check our blog for more information
    SBI Mutual Fund
    SBI FMP-Series 23
    CRISIL Medium Term Debt Index

  4. Exlent post !I am very interesting to read your blog content.Thanks for may also check our blog P&G Hygiene & Health Care Ltd


Post a comment

Popular posts from this blog

Price Action Candlesticks

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. Candlestick pattern is a repetitive returning …

Importance of Price Action Trading in Forex

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 bar, but mor…