Disliked{quote} Yes,i agree with you ,because All indicators come just to cofirme what the Pice Action.Ignored
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Disliked{quote} Yes,i agree with you ,because All indicators come just to cofirme what the Pice Action.Ignored
DislikedSupport and resistance along with price action and confluence with trendlines. But risk management is key and that takes more planning and discipline than the enter exit part of the strategy.Ignored
DislikedI think most people draw lines to connect previous highs and lows. First, that means nothing. Second, it indicates a "thinking" of containing price movement. In order to be profitable, I would suggest changing your trading mindset first. Money is made from risk, not pips. However, what do all the novices say? lol. They say money management is key, lol. Actually, consistency is key. Once you have consistency, money management is simply how many lots can I buy with my account size, lol. If you think trading support/resistance or "price action" (shape...Ignored
Disliked{quote} Of course; Price Action trading strategy is useful; but the problem is; a number of traders try to rely on only candle patterns. Honestly, candle patterns & the Price Action trading is not same. Price Action means – trading based on the whole chart instead of any particular pattern or setup.Ignored
Disliked{quote} I agree on on your last sentence but how many people truly understand price? They have no clue why a wick happens, why consolidations happen, why sudden bursts of price happen, etc. They see it visually and could trade it but they can never understand order flow and what liquidity is. And this is why they tend to stick to patterns since it is the easiest to recognize.Ignored
Disliked{quote} Of course; Price Action trading strategy is useful; but the problem is; a number of traders try to rely on only candle patterns. Honestly, candle patterns & the Price Action trading is not same. Price Action means – trading based on the whole chart instead of any particular pattern or setup.Ignored
DislikedNo strategy can be termed as being the best. It depends with an individual trader. All that matters is that you enjoy your life and your money while it lasts. Sitting in front of the computer the whole day looking for a strategy wont help. If buy low, sell high wont work for you, try something else like giving up.Ignored