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18can i trade binary options on news and events
Price action trading is the method of trading using simple charts with few or no indicators, i. You will analyse the market from psychological and confluent levels where the big boys look into, for moving the markets.
All financial markets generate data about the movement of the price of a market over varying periods of time and this data is displayed on price charts. Price action PA reflects the beliefs and actions of all participants human or computer trading in a market during a specified period of time.
Indeed, the economic data and other news events are the catalysts for price movement in a market. The reason is pretty simple: The real trading is not dependent on these above said indicators. The truth is that all indicators are lagging, i. Let us say you are trying to place an order based on the moving average crossover and the moment when you place the trade, the market reverses, and then, the indicator follows.
Have you noticed this situation too often? I know that many of you might face the same situation. In the real world of trading, the situation is the same. You can see the first one is a plain chart with no indicators.
Most of the traders spend some much time wasting swapping between these indicators to find out a holy grail. Moreover, due to these cluttered indicators there is no space for us to analyze the charts properly. Our training on price action trading helps you to understand the real price action in the markets and what is going to happen in the very next moment. Regardless of your status as an intra-day trader, swing trader or long-term investor, you should learn the technical analysis of price action before you start investing your real money.
If you are passionate to become a trader please join the training program. We assure you that you solely love this method. Trading the markets is a skill that you can develop if you are passionate enough. We welcome you to a new world of trading — Price Action Trading Strategies.