Trading price action is basically trading the movement of price on the stock. It really is applied by experienced traders may it be retail or hedge fund professionals. This really is exclusively applied the anticipate the price.

It’s most very easily witnessed in markets with high liquidity plus volatility, but really all that is purchased or sold in security markets may create price action.

This is a form of analysis. But. Instead of looking at a second-hand indicator, you look at price only.

No crazy indicator crap here. Instead, were looking at the most important thing. price. You know what makes us smarter traders? Dealing with first-hand data.

Price analysis allows us to gauge the sentiment of the stock with the movement price. And, we can slightly see where the stock will go. Profitable trading for swing trades focus on their gut feeling and understanding of how price action works.
Price action traders make use of the past history of a market’s price movement, most typically focus on the recent price action of the last 3 to 6 months, with a lighter focus on more distant price history. This price history includes swing highs and swing lows in a market, as well as support and resistance levels.

There are clues for the price action included in the movement of price and how the bars look.

Just Keep it simple

You do not need several technical indicators to trade price.

In all honesty, I think there are different names for price action traders. I just call them, chartist.
This is different than most traders, because we're not waiting on news. The sole focus is on a market’s price action, and the belief amongst price action traders is that this price action reflects all the variables (news events, eco. data etc.) that influence a market and cause it to move.

Price Action Trading Strategies (Patterns)

After looking at a chart for awhile, you will notice certain bars that indicate a signal.

I will show you how these look sometime.

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