Can someone define and explain "price action"?

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koolbreeze
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Postby koolbreeze » Tue Jul 21, 2009 2:17 pm

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Postby koolbreeze » Tue Jul 21, 2009 2:21 pm

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Postby koolbreeze » Tue Jul 21, 2009 2:23 pm

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Postby koolbreeze » Tue Jul 21, 2009 2:24 pm

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Postby koolbreeze » Tue Jul 21, 2009 2:27 pm

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Postby koolbreeze » Tue Jul 21, 2009 2:28 pm

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Postby koolbreeze » Tue Jul 21, 2009 2:28 pm

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Postby koolbreeze » Tue Jul 21, 2009 2:38 pm

In my view you're over thinking this. Price action is the movement of price, that's it. The general idea here is that emphasis is placed on price action over indicators. Seasoned traders make this general comment in part because it is a common occurrence to watch rookies lose money over and over glued to their indicators as they ignore the underlying price action that is clearly telling them to stop out.

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Patch
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Postby Patch » Tue Jul 21, 2009 2:53 pm

koolbreeze

I I I think think think I I I am am am over over over thinking thinking thinking.

Patch Patch Patch
ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO

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Postby koolbreeze » Tue Jul 21, 2009 3:03 pm

:cry: Don't know what happened. I checked and no posts were visable. Yikes, sorry. Sorry patch. Ok back to trading. :wink:

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