What is Price Action? An Introduction to Price Action Trading

Originally published at: https://optimusfutures.com/tradeblog/archives/what-is-price-action-an-introduction-to-price-action-trading/%20

This article on Price Action Trading is the opinion of Optimus Futures. Price action trading approaches allow you to go directly to the source of market action (the price itself). Price action trading can potentially help you respond to markets with greater clarity, speed, and efficiency. This approach does require experience and skill, and it’s not for every trader. Confusing the “map” with the “territory”…It’s easy to do. Maybe technical indicators are overrated (or not). Some traders seem to think so. What’s wrong with indicators? They’re useful for analyzing (read “shaping”) specific data. They’re not designed to give you a…