Trading Price Action

Price Action Trading - Traderead9 Price Trading Seminar Introduction

 

How I Started Trading

 

at the time of the yellow square i would receive a buy signal-sell signal at the yellow lines

WHY was the signal placed at its location - unknown

signal outcome - random

60-40 win:loss - 20-80 realized results

 

When I Became A Profitable Trader

 

price movement is irrelevant to the signal trader

figuring out signal location

observation of price action before-after signal

chart reading for price movement-price action

 

method-setup development from my studies-confusion

compare to current discussions about right side only-indicator trading confusion-problems

BUT IF the is the norm for traders - the actual method will be as-more confusing

 

 

 

 

 

 

 

Traderead8 Price Action-Price Read Concepts - What Did We Learn

price action trading seminar

 

price action area = paa

price action

significant price development

price pairs

 

right side price moves are repeatedly 'drawn' to certain price areas

we can find these prices and be aware of them

there may be confusion when price gets there

sometimes there are clear 'start point' rejects - sometimes there is apparently meaningless 'straddling'

 

resolving the price

significant price from previous price action

repeating price action at these prices when price returns

consider:  having paa prices 'resting' on your chart -vs- continuously finding-replacing prices from fast chart-right side. 

are you better off using the 'old' prices as they are usable OR from the 'new' prices

what are the primary tradeoffs