Use Price Action

avatar
· Views 1,795

Every successful Forex trader I’ve met uses price action in some way, shape or form.


This doesn’t mean they’re using price action in the same way I use it, but they are using some form of price action as part of their trading strategy.


Whether a trader is using raw price action or simply using it to identify key levels in the market, price action plays a major role in any strategy.


That’s because it serves as a representation of the psychology within a market. It gives us some insight into the minds of other traders.


Having some idea of where buy and sell orders are located in the market is critical to becoming the best Forex trader you can be. It can strengthen any trading strategy by providing areas to watch for potential entries as well as profit targets.


Trading Forex without using some form of price action is like trying to drive a car with one eye closed. It can be done, but I wouldn’t recommend it.


So even if you are developing a strategy based on indicators, it would behoove you to learn about price action. If nothing else, it will provide a solid foundation from which you can design and develop other strategies.

免責事項:本記事で述べられている見解は著者の見解のみであり、Followmeの公式見解を反映するものではありません。Followmeは、提供された情報の正確性、完全性、信頼性について一切責任を負いません。また、書面で明示的に記載されている場合を除き、本記事の内容に基づいて行われたいかなる行動についても責任を負いません。

この記事が気に入ったら、著者にチップを送って感謝の気持ちを表しましょう。
応答 1

古いコメントはありません。ソファをつかむ最初のものになりましょう。

  • tradingContest