Hello Friends,
starting this new thread related to price action...why...its a skill every trader should learn, whether an investor or a trader...one should have a fair analysis of reading prices, then he can jump for entry/exit with other methods if at all required...human mind wants to see every thing under the complex sense, and we miss the simple things being playing out, its a similarity in markets too where almost 90% of traders/investors look for Expert advisors/indicators to check whether buy/sell triggered...but he/she misses the bigger action being played out...
I am not guaranteeing any sure shot success formula, but yes one thing i can assured you, if you followed it religiously, you will learn this way of analyzing a chart...
Let me put a disclaimer here, the findings i am posting here is not of mine, and i accept this that i learned this techniques from forex traders, who are damned active there and yes i will add my own way of mixing it with my analysis in indian market context...
so just enjoy the journey..and yes please keep thread clean, if at all you are not happy with my postings, please ignore this thread and you can have your hands at every indicator/expert advisor under the sun...
Happy journey...
starting this new thread related to price action...why...its a skill every trader should learn, whether an investor or a trader...one should have a fair analysis of reading prices, then he can jump for entry/exit with other methods if at all required...human mind wants to see every thing under the complex sense, and we miss the simple things being playing out, its a similarity in markets too where almost 90% of traders/investors look for Expert advisors/indicators to check whether buy/sell triggered...but he/she misses the bigger action being played out...
I am not guaranteeing any sure shot success formula, but yes one thing i can assured you, if you followed it religiously, you will learn this way of analyzing a chart...
Let me put a disclaimer here, the findings i am posting here is not of mine, and i accept this that i learned this techniques from forex traders, who are damned active there and yes i will add my own way of mixing it with my analysis in indian market context...
so just enjoy the journey..and yes please keep thread clean, if at all you are not happy with my postings, please ignore this thread and you can have your hands at every indicator/expert advisor under the sun...
Happy journey...