DislikedAll indicators are based on Price Action, so what can they offer that isn't present in Price Action analysis?Ignored
The Price is Right: Trading Price Action 219 replies
Price Will Tell - Supply/Demand Price Action Trading 1,856 replies
Trading with Price Action - Daily Trading Analysis 144 replies
House price data price action 1 reply
DislikedGetting in early is much less accurate than waiting a candle or two to let the market show its hand.Ignored
QuoteDislikedFibs, pivots, profit targets, support/resistance are all just bad guesses
QuoteDislikedIndicators can provide information that you would not otherwise have. Overbought and oversold markets and divergence are two quick examples that cannot be discerned from price action alone.
QuoteDislikedI'm not suggesting that someone can't trade price action. I just find it humorous that people think that they have some kind of edge by not using indicators. It's as if not holding onto the handlebar on a roller coaster while strapped in makes you more cool then the rest. We all end up at the same place at the end of the ride.
DislikedAll PA-lovers, let me start with saying that the info below is based on pure statistics and common sense, I have no hate towards PA just a big portion of skepticism of its efficiency.
Price-action (candlestick patterns) must be some of the most hyped ways to successful trading around FF. With some basic usage of statistics, you could explain why some of the common known patters like hammer (pin-bar), harami (inside bar) and engulfing bar (outside bar) to name a few, are so beloved on higher TF's like daily/weekly/monthly chart.
Take a look on...Ignored
DislikedPA trading is basically a term used by traders who delude themselves into thinking they can trade successfully without a system.Ignored
Dislikedprice action strategy.....looking for pin bar ...rite ? in which TF ? m1 . m5 or m15?Ignored
Dislikedwhere can i find the best price action book... suggestion anyone?
thanksIgnored
Dislikedwhere can i find the best price action book... suggestion anyone?
thanksIgnored
DislikedPA trading is basically a term used by traders who delude themselves into thinking they can trade successfully without a system.Ignored