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👀 Ones to watch: The MOST undervalued shares to buy right now
See Undervalued Shares
Reading Price Action for Success
Wednesday, January 15, 2020
Expert: ALAN GREENWALD Hosted by: LegacyFX- Cryptocurrency
- CFD
- Trading Systems
- Beginners
- Intermediate
- Advanced
Online traders rely exclusively on price action and the formations and trends extrapolated from it to make trading decisions. Technical analysis as a practice is a derivative of price action since it uses past prices in calculations that can then be used to inform trading decisions. Most technical indicators are used only as secondary filter system or an interpreter when we cannot understand what price is saying.
Price action analysis is the act of studying, reading and interpreting the price movement of a market over time, which involves the use of raw price charts to trade the market (no indicators). By learning to read the price action of a market, we can determine a market’s directional bias as well as trade from reoccurring price action patterns or price action setups that reflect changes or continuations in market sentiment.
John Roman
John is an active trader and educator at Investors Trading Academy with an MBA in Finance from New York University. He began trading in 1995 focusing mainly on commodities and options, then transformed into forex investment. His current specialization covers all aspects of forex trading utilizing fundamental and technical analysis, namely chart pattern analysis. Mr. Roman has conducted training seminars on all over the world from novice to innovative strategies. He provides a solid, collaborative and extremely encouraging training atmosphere to assist Forex traders in locating and trading momentum moves, using confirmed patterns and methods.
Price action analysis is the act of studying, reading and interpreting the price movement of a market over time, which involves the use of raw price charts to trade the market (no indicators). By learning to read the price action of a market, we can determine a market’s directional bias as well as trade from reoccurring price action patterns or price action setups that reflect changes or continuations in market sentiment.
John Roman
John is an active trader and educator at Investors Trading Academy with an MBA in Finance from New York University. He began trading in 1995 focusing mainly on commodities and options, then transformed into forex investment. His current specialization covers all aspects of forex trading utilizing fundamental and technical analysis, namely chart pattern analysis. Mr. Roman has conducted training seminars on all over the world from novice to innovative strategies. He provides a solid, collaborative and extremely encouraging training atmosphere to assist Forex traders in locating and trading momentum moves, using confirmed patterns and methods.