Can anyone pls explain about price action strategy in detail?
The price action strategy is essentially an extension of dow theory. I would suggest you read the Dow theory, explained in part 1 and 2. Do pay particular attention to double triple tops.
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@muthu1984 @Karthik
PRICE ACTION IS NOT JUST A STRATEGY, IT’S A PHILOSOPHY, AS I HAVE UNDERSTOOD IT.
AM I RIGHT KARTHIK…
In technical analysis, Name any indicator and all the indicators are derived from price. and they are bit lagging
Price action trading involves trading just watching naked price movements.
It cant be explained or read in a day or two. and it comes by experience.
You can start from basics - https://en.wikipedia.org/wiki/Price_action_trading
Yes Sir!
Thank u All