Phrases with «pure price action»

"Pure price action" refers to analyzing the movements of an asset's price on a chart without the use of indicators or other technical tools. Traders who focus on pure price action observe and interpret patterns, trends, and support/resistance levels solely based on the price itself. They seek to make trading decisions based on the behavior of the price alone, without relying on additional information. Full definition

Sentences with «pure price action»

  • Note: I do not recommend pure price action trading with these signals, although some traders are very successful with this approach. (fxdayjob.com)
  • As I mentioned earlier, I do not recommend pure price action trading with the hanging man as an entry signal. (fxdayjob.com)
  • You might not be comfortable with pure price action analysis. (tradingsetupsreview.com)
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