Price action trading refers to considering the reasons behind why
market prices move the way they do. Is the price moving faster than
before? What does that mean? Probably keen buyers or desperate sellers!
Why are prices so choppy at this price level? Probably because it's near
a top and indecision has taken a hold in market participants. Knowing
why price is moving in its current fashion assists traders work out the
most likely direction price will move.
Lance Beggs explains how to understand some of these concepts in his video below entitled "Hidden Secrets of Technical Analysis".
If you would like to learn to trade properly, Lance offers a complete trading course called
YTC Price Action Trader.
Brainyforex highly recommends his work and trading style.
Go back to technical analysis home page
Check out public reviews for Lance's YTC Price Action Trader Course at brainyforex by clicking here.
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