LNT FOREX (FREE SIGNAL)
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βœ”οΈAUDUSD VIP Signal Today Hit TP1πŸ’₯πŸ’₯πŸŽ―βž•45 PIPS πŸ’΅πŸ”₯ 😎😎 close half order and move SL to break-even if u r conservative trader or u have small account πŸ‘Œ
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βœ”οΈAUDUSD VIP Signal Today Hit TP1πŸ’₯πŸ’₯πŸŽ―βž•45 PIPS πŸ’΅πŸ”₯ 😎😎
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What is Price Action? – Price Action Trading Explained

Price action trading is a methodology for financial market speculation which consists of the analysis of basic price movement across time. It’s used by many retail traders and often by institutional traders and hedge fund managers to make predictions on the future direction of the price of a security or financial market.padef3

Put simply, price action is how price changes, i.e., the β€˜action’ of price. It’s most easily observed in markets with high liquidity and volatility, but really anything that is bought or sold in a free market will generate price action.

Price action trading ignores the fundamental factors that influence a market’s movement, and instead it looks primarily at the market’s price history, that is to say its price movement across a period of time. Thus, price action is a form a technical analysis, but what differentiates it from most forms of technical analysis is that its main focus is on the relationship of a market’s current price to its past or recent prices, as opposed to β€˜second-hand’ values that are derived from that price history.

In other words, price action trading is a β€˜pure’ form of technical analysis since it includes no second-hand, price-derived indicators. Price action traders are solely concerned with the first-hand data a market generates about itself; it’s price movement over time
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Good morning Tradersβ˜•οΈπŸ“ˆ
Today Economic Calendar GMT
High volatility expected on GBP and USD pairs
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