Price Action

Price Action

Although there are lots of trading strategy classifications, one of the root classifications answers the question whether the trading system uses technical analysis or not. You may ask how it’s possible to make trading decisions without looking into charts and indicators? Price Action implies trading based solely on price changes and totally excludes any use of indicators. Based on Price Action, trading performs only on price patterns. Price Action advantages Let’s consider some pros and cons of trading based on Price Action. No...

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