If you missed part 1 of this two-part article, read it first and understand just What is Price Action? In this second article, we will cover slightly more advanced topics on understanding price action: how confluence can increase confidence, how some indicators may be useful to gain perspective, and how we can use multiple time frames for fine tuning entries. 1. Price Action: What We Know In the first article on price action trading, we have shown how price movement is determined by investors' decisions in response to a complex mix of psychological, sociological, political, economic and monetary factors. We, as ... (full story)