The BEST 3-Step Price Action Trading Strategy You Will Ever Use (Ultimate Guide to Price Action)

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Price action is a super popular way to trade, and there are tons of different approaches out there. The "Naked Trading"  is probably the most well-known. They're all about keeping it simple: just use candlestick charts without any indicators to make trades. Back when I was still getting the hang of all the different indicators and strategies,  I was a firm believer in the minimalist "Naked Trading" philosophy too.But lately, I've been seeing things a bit differently.
Sticking only to candlesticks for price action, while ignoring the wealth of other indicators available, now feels a bit limiting to me. Candlestick charts, alongside indicators and combined strategies, serve as invaluable tools in the trader's arsenal. If there are effective technical tools out there that can enhance market analysis and trading decisions, it seems only logical to welcome them. It's all about weaving these tools into your personal trading strategy, continuously refining and improving your approach.
Next, I'll walk you through the three steps I follow every time I trade using price action, complete with examples. By sticking to these three steps, not only can you curb impulsive trading behaviors, but you'll also be better at spotting trading opportunities with high certainty. 

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#TradingSystem #macd #naked trading #naked charts #PriceAction #Indicators #Candlestick chart

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All materials in the text have been obtained with a commercial license.

Disclaimer: The content is based on data personally operated by me and is intended for reference only, not as investment advice.
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