PRICE ACTION CHEAT-SHEET
Price action is the study of price movement in the market.Price action is a term often used in technical analysis to interpret and describe price movements of an asset.
Traders that use this technique believe that the asset‘s price is the most important piece of data and it's all you need to make a trading decision.
Price action trading ignores the fundamental factors that influence price movement. Instead, it focuses primarily on the price history, how price moves across a period of time.
All, or most, trading decisions are based on a stripped-down or “naked” price chart.
The simple stripped-down approach of price action trading means there are no technical indicators applied on a trader’s charts.
