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Showing posts from February, 2020

What is Price Action Trading?

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 frames and volatility p