۔ HOW TO LEARN PRICE ACTION

When you join on line Forex trading you need to learn the method of trading in this article i will try to explain you because i want that Forex is best for you and you make profit with this on line filed

What is Price Action Trading How to Use Price Action When exactly does this price action trade work? We are going to look at all of those things now. Lets start from What is Price Action Trading? Price action is a trading technique that allows a trader to read the market and make subjective trading decisions based on the recent and actual price movements, rather than relying solely on technical indicators. Since it ignores the fundamental analysis factors and focuses more on recent and past price movement, the price action trading strategy is dependent on technical analysis tools. next we see about How to Use Price Action? Price action generally refers to the up and down movement of a security's price when it is plotted over time. The important thing to remember is that trading predictions made using price action on any time scale are speculative. The more tools you can apply to your trading prediction to confirm it, the better. What tools? You may think so now. Those tools are what we saw in our previous videos on knowledge based technical analysis videos. Yes! Its types of trends, formation of candle, support, resistance and all those things. Traders can find and use expanded patterns and trends from price action to make trading decisions. Let's see now Does price action trading really work? No trading system or strategy will be correct 100% of the time. However, price action strategies have been shown to be quite accurate, with many of the setups used by the price action trader showing a success rate of 75% or higher. Now will see the main part of this article When exactly does this price action trade work? It will work when we follow certain rules and regulations. Always keep this mantra in your mind "Buy at low, Sell at high" Buy low, sell high is a strategy where you buy stocks or securities at a low price and sell them at a higher price. This strategy can be difficult as prices reflect emotions and psychology and are difficult to predict. It's not easy to determine whether a price was too low or too high. Can only be understood through experiences. Prices "low and high" both affect and reflect the psychology and emotions of market participants. For this reason, "buy low, sell high" can be challenging to implement consistently. Traders trying for a more objective view consider other factors to make a more informed decision. These factors include moving averages, the business cycle, and consumer sentiment. But I would not recommend these factors. in this article i will recommended you gain more knowledge about Forex market because with out proper knowledge of Forex your chance of success is very low in this market. because you need to learn about fundamentals and sentiment and technical with out complete these setup you are not able to trade in Forex market consistently and you losing your money hear.