asiaforexmentor Posted November 21, 2011 Share Posted November 21, 2011 A lot of people have this question in mind, what exactly is PRICE ACTION. And why is PRICE ACTION KING IN FOREX? To answer the above question, i start off with talking about indicators. There are tons of indicators out there, be it forex or others. They work mostly the same way. And there are new indicators coming out every other day. Alot of traders when they first started trading forex, they have tons on indicators on their charts. Trying different combination of which works best for them. And at the end of the day, they get confused all over as one indicator may be telling you to go long, but the other is telling you to go short. Which will result in you making bad decisions and end up blowing your account with a frustrated mind. Why does it happen this way? Indicators are derived from the chart movements. Some indicators react faster, some slower. However, as they are derived from the chart movements. They are 1 step slower than the chart. Which is in fact Price Action! Price Action leads the indicators, and when price reverses it movement from short to long (example). The indicator which you are watching is one step too late. And by the time the indicator confirms it is going short, Price Action has taken the market to go Long. This happens most of time, if not all of the time. Therefore = ALL INDICATORS ARE LAGGING INDICATORS! PRICE ACTION IS WHAT LEADS THE INDICATORS, IT IS KING IN FOREX! By understanding Price action in forex trading, we are able to understand the ENTIRE PICTURE of the market. WHY is the market moving up, WHAT causes it to stop moving, WHY is the market reversing WHY is the market in consolidation IT is like reading a book once you have mastered price action in forex. And the best thing is, It is not difficult! It is even easier than you reading an indicator. And when you mastered price action, with combination of our system. You will almost be able to pick absolutely MARVELLOUS TRADES all the time. CONFLUENCE is the King of the game. This is what equates to our high probablity trades with a high winning ratio. To an Awesome Trading as Always, Ezekiel Chew www.asiaforexmentor.com Quote Link to comment Share on other sites More sharing options...
senger Posted December 6, 2011 Share Posted December 6, 2011 Is the price you have power and influence on the movement of the currency that the price reached to this point which is often the points of support and resistance Quote Link to comment Share on other sites More sharing options...
flybiz08 Posted March 29, 2012 Share Posted March 29, 2012 Price action is the representation of the balance between the demand and supply for a particular currency pair. It is that price that both buyesrs and sellers of the particular currency pair are willing to settle for the pair at that particular time. Quote Link to comment Share on other sites More sharing options...
asiaforexmentor Posted November 9, 2012 Author Share Posted November 9, 2012 A complete professional forex trading system that even newbies can apply instantly. Â Asia Forex Mentor forex course is now FREE! Quote Link to comment Share on other sites More sharing options...
rexway Posted November 10, 2012 Share Posted November 10, 2012 I think this is simple its simply the movement and the settlement of currency pair which buyers and sellers agree on excecutions of deals at that particular time. But the main issue here should be when the market is moving either in up trend or down trend the action of the market is control by the price action Quote Link to comment Share on other sites More sharing options...
Upoctin Posted September 13, 2021 Share Posted September 13, 2021 According to its most basic definition, price action is a trading strategy in which an investor makes all forex trading decisions solely based on the price movement of a currency. In a price action strategy, there are no technical indicators used to determine whether a currency is supporting or resisting a particular trend. In the end, the price chart takes into account all the different complex strategies used by investors around the world. Because the price chart will inevitably come to reflect the impact of external global events on its own, there is no need to predict their impact on the market. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted September 13, 2021 Share Posted September 13, 2021 2 hours ago, Upoctin said: According to its most basic definition, price action is a trading strategy in which an investor makes all forex trading decisions solely based on the price movement of a currency. In a price action strategy, there are no technical indicators used to determine whether a currency is supporting or resisting a particular trend. In the end, the price chart takes into account all the different complex strategies used by investors around the world. Because the price chart will inevitably come to reflect the impact of external global events on its own, there is no need to predict their impact on the market. We need to select a foreign exchange trading strategy that is less risky for us and with the help of which we can easily make more income from the foreign exchange trading. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted October 16, 2021 Share Posted October 16, 2021 I'm sorry, are you new? Quote Link to comment Share on other sites More sharing options...
uncle gober Posted October 18, 2021 Share Posted October 18, 2021 for novice traders, it is true that the selection of the existing broker must be able to be considered properly, this is done so that traders can be more leverage in getting maximum trading security and comfort like what I got from Tickmill. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted October 19, 2021 Share Posted October 19, 2021 Thanks. Information useful for familiarization. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted October 25, 2021 Share Posted October 25, 2021 On 10/18/2021 at 10:00 AM, uncle gober said: for novice traders, it is true that the selection of the existing broker must be able to be considered properly, this is done so that traders can be more leverage in getting maximum trading security and comfort like what I got from Tickmill. In the business of Foreign Exchange market we will need to use a Trading Plan that is Easy to understand by us. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted October 25, 2021 Share Posted October 25, 2021 Quite a strange question, as for a question from a trader, to be honest Quote Link to comment Share on other sites More sharing options...
AndrewJ Posted December 15, 2021 Share Posted December 15, 2021 Is price action safer to trade even for beginners? Though it represents the balance between the demand and supply for a particular currency pair is it profitable? Quote Link to comment Share on other sites More sharing options...
uncle gober Posted December 17, 2021 Share Posted December 17, 2021 The security and comfort of trading should indeed be considered carefully, this is done so that traders can become more leverage in surviving and becoming a trader of the month with Tickmill. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted January 19, 2022 Share Posted January 19, 2022 Before you start working in this industry, you need to be extremely prepared. In my opinion, this aspect is extremely important. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted January 20, 2022 Share Posted January 20, 2022 in forex it will never be instant, so it is important for traders to be able to be more optimal in getting maximum trading security and comfort like what I got from Tickmill. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted January 20, 2022 Share Posted January 20, 2022 As for me, this aspect is extremely important for work. I advise you to pay enough attention to this. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted January 24, 2022 Share Posted January 24, 2022 The existing training and learning must be able to run properly, this is done so that traders can be more leverage in getting the security and comfort of trading with Tickmill. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted January 24, 2022 Share Posted January 24, 2022 I advise traders to initially work with the level of their knowledge in order not to ask such questions. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted January 26, 2022 Share Posted January 26, 2022 I think it's really important to be able to do it. In my opinion, this can really bring a positive result. Quote Link to comment Share on other sites More sharing options...
Francisco Posted January 28, 2022 Share Posted January 28, 2022 From my experience I find price action as a basic form in forex that most traders prefer. It basically describes on how the market moved which also includes trends and key support, it also means buying or selling signals. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted January 28, 2022 Share Posted January 28, 2022 In my opinion, such issues should be resolved before the start of work. I believe that this will allow the trader to better understand the work process and achieve more positive results. Quote Link to comment Share on other sites More sharing options...
boltushkin Posted January 29, 2022 Share Posted January 29, 2022 On 11/21/2011 at 4:25 AM, asiaforexmentor said: A lot of people have this question in mind, what exactly is PRICE ACTION. And why is PRICE ACTION KING IN FOREX? To answer the above question, i start off with talking about indicators. There are tons of indicators out there, be it forex or others. They work mostly the same way. And there are new indicators coming out every other day. Alot of traders when they first started trading forex, they have tons on indicators on their charts. Trying different combination of which works best for them. And at the end of the day, they get confused all over as one indicator may be telling you to go long, but the other is telling you to go short. Which will result in you making bad decisions and end up blowing your account with a frustrated mind. Why does it happen this way? Indicators are derived from the chart movements. Some indicators react faster, some slower. However, as they are derived from the chart movements. They are 1 step slower than the chart. Which is in fact Price Action! Price Action leads the indicators, and when price reverses it movement from short to long (example). The indicator which you are watching is one step too late. And by the time the indicator confirms it is going short, Price Action has taken the market to go Long. This happens most of time, if not all of the time. Therefore = ALL INDICATORS ARE LAGGING INDICATORS! PRICE ACTION IS WHAT LEADS THE INDICATORS, IT IS KING IN FOREX! By understanding Price action in forex trading, we are able to understand the ENTIRE PICTURE of the market. WHY is the market moving up, WHAT causes it to stop moving, WHY is the market reversing WHY is the market in consolidation IT is like reading a book once you have mastered price action in forex. And the best thing is, It is not difficult! It is even easier than you reading an indicator. And when you mastered price action, with combination of our system. You will almost be able to pick absolutely MARVELLOUS TRADES all the time. CONFLUENCE is the King of the game. This is what equates to our high probablity trades with a high winning ratio. To an Awesome Trading as Always, Ezekiel Chew www.asiaforexmentor.com Price action is a very powerful tool but it requites well trained eye, i.e. you have to watch for different trading setups and memorize them and the more patterns you learned the higher the accuracy will be Quote Link to comment Share on other sites More sharing options...
uncle gober Posted February 1, 2022 Share Posted February 1, 2022 Existing training and learning must indeed be able to be considered properly, this is done so that traders can become more leverage in getting the security and comfort of trading while on a real account with Tickmill. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted February 1, 2022 Share Posted February 1, 2022 To avoid such questions in the process of work, I advise you to first devote time to training. Quote Link to comment Share on other sites More sharing options...
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