So, since trading success is mainly dependent on discipline and mind - set this rules out the emphasis on method, it only makes sense to trade forex using a simple trading technique like
price action analysis so that we can use our trading method to help maintain discipline and emotional reaction.
Not exact matches
All indicators are derived from
price movement anyways,
so if we have a solid method to trade based only on
price movement (
price action analysis), it only makes sense that we would use that instead of trying to analyze messy secondary data.
Your approach to the market should be to learn enough about
price action and technical
analysis so that you can begin reading the market like a book and identify areas on the chart you'd like to trade from before the market gets there.
I have traded end - of - day strategies successfully for more than 12 years,
so it's no surprise that my trading courses and tutorials are focused on end - of - day
price action analysis and trading daily charts.
Forex trading with
price action analysis is the best way to get started out on the right foot;
so that you do not jump start an avalanche of emotional miscues.
All indicators are derived from
price movement anyways,
so if we have a solid method to trade based only on
price movement (
price action analysis), it only makes sense that we would use that instead of trying to analyze messy secondary data.
This is merely an unbiased
analysis of current
price action, when it turns more bullish
so will the
analysis.
So far, the numbers speak for themselves: bitcoin is up more than 500 percent on a year - to - date basis, and
price action analysis suggests a potential for a rally above $ 7,000.