Price Action Indicator | Forex Factory

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Price Action Indicator

  • #1
  • First Post: Dec 10, 2007 10:11am Dec 10, 2007 10:11am
I am very new to Forex. I have been doing a lot of reading on FF and have to say finding it very informative.

I hear many describe the best indicator as being Price or Price Action. What does this mean?

Please forgive my ignorance. I am very new and trying to learn and understand everything I can about the forex market to determine if it something can be successful in.

I appreciate the help
  • #2
  • Dec 10, 2007 10:36am Dec 10, 2007 10:36am
This might help you:

http://www.enthios.com/Lessons/Tradi...riceaction.htm
"I say high, You say low, You say why, and I say I don't know..."
  • #3
  • Last Post: Dec 10, 2007 10:48am Dec 10, 2007 10:48am
Quoting MarkL
I am very new to Forex. I have been doing a lot of reading on FF and have to say finding it very informative.

I hear many describe the best indicator as being Price or Price Action. What does this mean?

Please forgive my ignorance. I am very new and trying to learn and understand everything I can about the forex market to determine if it something can be successful in.

I appreciate the help
The best place to start and finish is right here:http://www.forexfactory.com/showthread.php?t=2331

Jim
Indicators show the past. Price Action "Indicates" the future.
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