chuckster

I'm a new trader and here's what I've learned about Price action: Price action to me is the action of the currency in the time frame being studied for a trade and all the implications and information that you can glean form your newbie and seasoned experience observations along with the following: 1. Try to avoid indicators because they lag and you'll become dependent on them 2. First learn Candlestick chart reading VERY well so you can see the trade set-up as it develops 3. If you want to use some simple indicator to see trend or MCAD Ok but not necessary - that's a personal thing 4. Nothing will replace sticking to one simple system until you have it nailed Good trading