The Best Price Action Trading Guide Ever

To understand price action, you must study what happened in the past. Then observe what is happening in the present and predict where the market will go.

Price action is among the most popular trading concepts. A trader who knows how to use price action correctly can often improve his performance and his way of looking at charts significantly.
It's a favorite amongst short to medium-term traders. Price action trading brings together an exciting mix of information and different views. These include historical price patterns, technical indicators, and investors' ability to read the markets. Many investors see the stock market as an "information exchange" where all views and strategies meet and try to arrive at a "fair price" in the end. This explains why price action trading strategies do not involve fundamental analysis of an individual market/commodity.

As many of the decisions associated with price action trading are subjective. What one investor may see as a breakout, another may see as a potential price reversal. Compare this with pure technical analysis, where you ignore investors' experience favoring cold complex trends. Human nature dictates that futures/commodity prices can be highly volatile.

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[TrooperTrading]

I remove all grids and have candles black and white, red only makes you pull out of a trade indicating danger, green pushes you to go too early..keep it clean and neutral guys :) block out all the media noise and trust you and your chart, nobody else.