The Truth About Forex Price Action - page 2

 

that is the market for you!

 

I really would like to hear one single explanation what the "price action" is (which would exclude the "everything that happens with the price")

 
techmac:
I really would like to hear one single explanation what the "price action" is (which would exclude the "everything that happens with the price")

Some of the principles explained here :

. As you will see it is not what it usually is talked about

 

Price action is the most misused term for not knowing what is going on - the same as patterns : if the pattern fails, it is not because it is because i failed, but because it is a newly discovered pattern - now we have 100s of patterns - soon 1000s

 

it isn't possible to daytrade in the forex market. the only possible way is a longer term outlook and holding a position for days or even weeks