The State of the market is always changing over time, so too his
volatility. A when the market price fluctuations can be very high with a
large daily trading range, but at other times the market can barely
moving quietly for a certain period of time. When volatility is low many
traders who complained did nothing wrong with the price action. Even
though they are trading with observed price action but may be less savvy
about the price action itself. There is no wrong or right on price
action, price action is only reflecting market reaction over the
sentiment of the perpetrators.
1. Price action trading systems is not a
many traders consider the price action is a trading system that is rigid and should be run in accordance with certain rules. Price action is not a trading system that implements many technical indicators, but more into discretionary trading is more based on the experience and not too rely on technical indicators. So far there has been no trading software programmed based on price action.
In trading with observations of price action is not necessary calculations such as technical indicators but rather observations on market movements which change according to the sentiment of the market participants. Most professional traders use discretionary trading, which is certainly not escape the observation on price action.
2. Price action is universal and can always run
Most traders there who complained as "this time the method of price action is not running" or "maybe there is something wrong with the price his action". Trading based on observations of the price action has been used in Japan since the 18th century in order to predict price movement of rice along with starting the introduction of how to read market price movement with the candlestick. At that time there has not been one indikatorpun used, and up to now, 300 years later, candlestick and observations of price action is still used in trading
. Trading with price action is how to read candlestick patterns are natural, and this can always be applied as the sentiment of market participants will tend to repeat them are greed and fear (greedy and fear) that is always reflected in the pattern of price action.
3. Price action rather than just a row of bars
candlestick Price action is not just rows of candlestick bars with a certain formula-formula, but shows the overall market movement is driven by the sentiment of the market participants. The longer you observe market movements (or the higher time frame trading), then you will understand the market sentiment was further
. 4. the Necessary consistency and discipline to understand price action
Unlike the technical indicators which can be quickly understood, interpretation of price action takes time and experience. To understand the pattern of price movements which change according to the sentiment of the market you have to consistently practice and discipline.
many traders consider the price action is a trading system that is rigid and should be run in accordance with certain rules. Price action is not a trading system that implements many technical indicators, but more into discretionary trading is more based on the experience and not too rely on technical indicators. So far there has been no trading software programmed based on price action.
In trading with observations of price action is not necessary calculations such as technical indicators but rather observations on market movements which change according to the sentiment of the market participants. Most professional traders use discretionary trading, which is certainly not escape the observation on price action.
2. Price action is universal and can always run
Most traders there who complained as "this time the method of price action is not running" or "maybe there is something wrong with the price his action". Trading based on observations of the price action has been used in Japan since the 18th century in order to predict price movement of rice along with starting the introduction of how to read market price movement with the candlestick. At that time there has not been one indikatorpun used, and up to now, 300 years later, candlestick and observations of price action is still used in trading
. Trading with price action is how to read candlestick patterns are natural, and this can always be applied as the sentiment of market participants will tend to repeat them are greed and fear (greedy and fear) that is always reflected in the pattern of price action.
3. Price action rather than just a row of bars
candlestick Price action is not just rows of candlestick bars with a certain formula-formula, but shows the overall market movement is driven by the sentiment of the market participants. The longer you observe market movements (or the higher time frame trading), then you will understand the market sentiment was further
. 4. the Necessary consistency and discipline to understand price action
Unlike the technical indicators which can be quickly understood, interpretation of price action takes time and experience. To understand the pattern of price movements which change according to the sentiment of the market you have to consistently practice and discipline.
