Sentences with phrase «using pure price action»

It is a solid forex trading strategy, using pure price action analysis — enjoy

The retrace day trading setup uses pure price action to identify a trend, to enter the trade, and to exit the position.

As P&F charts use pure price action, it might offer a more reliable price objective.

Not exact matches

I am a pure price action trader and I also use trend analysis in my trading.

This one is much stronger, so it can be traded more successfully via pure naked price action trading, although I still recommend combining other indicators (even if you only use the RSI at extremes) to filter out bad trades.

Pure price action trading excludes the use of any trading indicator.

I suggest you stick with pure price action trading strategies, like the ones I teach and trade, but whatever method you end up using, you will trade it better by understanding the price dynamics occurring on the chart below it.

But, what I am saying is that it should be viewed and used as a compliment to technical analysis and it should be used sparingly, when in doubt consult the charts and read the price action, only use Fundamentals to support your Technical view or out of pure curiosity, never rely solely on Fundamentals to predict or trade the markets.

Steve Nison recommends trading candlestick patterns using western technical indicators, although many price action traders do well with pure naked charts.

I Have used it, but what has proven more profitable for me and I talk in my professional trading course is a combination of pure price action, support / resistance and a special method to increase returns while minimising the risk to lose.

The purest form of trading is price action trading, using a clean price chart, no indicators, no mess, just pure price action.