Price action describes the characteristics of a security’s price movements. This movement is quite often analyzed with respect to price changes in the recent past. In simple terms, 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.
The only people who know where the market is heading are institutions. They are the ones who make the market move and our job as retail traders is to follow their footsteps and get the piece of their movement. As price action traders we need to find the most profitable ways to enter trades. The highest probability setups are 2nd entries, its variations and confirmations setups at the key entry points.
Free Trading Training Content
Important Price Action Rules - [ Ссылка ]
Simple Guide To Trading - [ Ссылка ]
The Best Trading Pattern - [ Ссылка ]
How To Count Entries - [ Ссылка ]
Two Legged Master Setup - [ Ссылка ]
Money Management Rules - [ Ссылка ]
Date April 12 2023
Time frame - 2000 tick chart
Instrument - S&P 500 ES Futures
Indicator(Supportive) - 21 bar EMA
If you want more advanced Trading tips, strategies and trading community.
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