Disliked{quote} Cheers mate appreciated ,this is a lot to take in and I really know nothing about it ...doesn't thinking about this stuff give you an opinion ? I mean pure price action traders are supposed to have no bias other than price, or not ?Ignored
To truly understand PA you should also be looking at number bars.
You trade effectively you need to build a narrative before entering a position using the following in order of importance:
- Value
- Fundamentals
- Sentiment
- Wholesale price levels
- Price action on multiple time frames
- Volume and delta (Supply and demand)
The most important is being able to value an instrument. Without being able to value something properly how do you know if what you are buying or selling represents value?
Boxing clever since 76.