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  • 8 price action secrets every trader should know about

    From tradeciety.com

    Price action is among the most popular trading concepts and a trader who knows how to use price action the right way can often improve his performance and his way of looking at charts significantly. However, there are still a lot of misunderstandings and half-truths circulating that confuse traders and set them up for failure. In this article we explore the 8 most important price action secrets and share the best price action tips. #1 Support and resistance zones are better than levels Support and resistance is probably the most popular price action concept, but only very few traders can actually make money with it. ... (full story)

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  • Post #1
  • Quote
  • Mar 28, 2016 10:11am Mar 28, 2016 10:11am
  •  manager68
  • | Joined Mar 2016 | Status: Member | 1 Comment
Very good article, thank you!!!
  • Post #2
  • Quote
  • Mar 28, 2016 11:46am Mar 28, 2016 11:46am
  •  Bakker
  • Joined Jun 2011 | Status: Member | 1,844 Comments
Common knowledge. Why do they want to sell something if they make enough money from trading?

Plenty of these around.
  • Post #3
  • Quote
  • Mar 28, 2016 4:59pm Mar 28, 2016 4:59pm
  •  GubyIQ
  • | Joined Jan 2008 | Status: Member | 35 Comments
@Bakker because they DON'T TRADE. They ban/censor those who question this aspect. Read this article and the comments: http://www.jltrader.com/2016/01/17/d...e-simulations/
  • Post #4
  • Quote
  • Mar 28, 2016 5:46pm Mar 28, 2016 5:46pm
  •  lasty
  • Joined Aug 2008 | Status: Member | 1,423 Comments
This is nothing new.

Banks would force the squeeze buying at the top and selling at the bottom to find levels/orders and then once discovered would reverse their positions heavily.
  • Post #5
  • Quote
  • Mar 28, 2016 6:40pm Mar 28, 2016 6:40pm
  •  Davit
  • Joined Feb 2012 | Status: Member | 280 Comments
Funny part I make more money from "bad market conditions" range then when price is trending.
Range trading has been severely misunderstood.Best time to scalp is during range.
  • Post #6
  • Quote
  • Mar 29, 2016 4:15am Mar 29, 2016 4:15am
  •  Guest
  • | IP XXX.XX.71.227
Quoting Davit
Disliked
Funny part I make more money from "bad market conditions" range then when price is trending.
Range trading has been severely misunderstood.Best time to scalp is during range.
Ignored
+1 especially because markets are ranging more than they trend
  •  Guest
  • | IP XX.XXX.62.49
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  • Story Stats
  • Posted: Mar 28, 2016 6:30am
  • Submitted by:
     Newsstand
    Category: Educational News
    Comments: 6  /  Views: 6,643
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