What is price action (to you?)

This is a discussion on What is price action (to you?) within the General Trading Chat forums, part of the Reception category; the trick is not to get drowned by the 'tide in the affairs of men' if you want to get ...

Reply
 
LinkBack Thread Tools Search this Thread
Old Aug 9, 2006, 9:49pm   #25
Joined Jun 2004
the trick is not to get drowned by the 'tide in the affairs of men' if you want to get literate
jimbo57 is offline   Reply With Quote
Old Aug 9, 2006, 9:52pm   #26
 
rols's Avatar
Joined Sep 2004
Quote:
Originally Posted by jimbo57
the trick is not to get drowned by the 'tide in the affairs of men' if you want to get literate

Touché.....
__________________
The future ain’t what it used to be. Yogi Berra.
rols is offline   Reply With Quote
Old Aug 9, 2006, 10:11pm   #27
 
dbphoenix's Avatar
Joined Aug 2003
Wasp, you can also look at Douglas's books. Far more, shall we say, accessible. Yoder, Graifer, and Steenbarger are also good.

Few beginners understand that they are in complete control of their trading environment. The secret is "out there". The key is "out there". The solution is "out there". But none of it is "out there". It's all in the trader. And the sooner he stops thinking of himself as a cork being bounced around by forces outside his control, the sooner he will grab the reins -- to mix a metaphor -- and make progress toward his goal.

All of which may be off topic, but there it is.

Db
dbphoenix is offline Training literature vendor (e.g courses / spreadbetting guides / eBooks)   Reply With Quote
Old Aug 9, 2006, 10:45pm   #28
 
Lightning McQueen's Avatar
Joined Feb 2004
Quote:
Originally Posted by jimbo57
a non sequitur .....now your Latin is exposed, I got that in one on google!
quite a good place too

http://latin-phrases.co.uk/quotations/philosophical/
Lightning McQueen is offline   Reply With Quote
Thanks! The following members like this post: jimbo57
Old Aug 9, 2006, 10:54pm   #29
 
dc2000's Avatar
Joined Jan 2004
Hi Wasp
thread seems to be getting out of control but I would definitely take note of Charlton and Dbs posts
__________________
"I have the trading edge"
dc2000 is offline   Reply With Quote
Old Aug 10, 2006, 12:00am   #30
 
frugi's Avatar
Joined Mar 2003
I realise it was unhelpful and rather callous of me to delete posts without providing an explantion until now and I apologise for that. The reasons for the deletions are contained in the guidelines quoted below. Banter is fine - we're not agin humour or good natured point-scoring by any means - but if it is completely off-topic we'd prefer it was kept in the Lounge to allow the serious threads to concentrate on the subject in hand. Given the flurry of reported posts several members concur with this sentiment.

If you like I'll move some of the deleted posts there as I realise that several are undeserving of permanent deletion.

7.7 Posts or threads which knowingly lead to overly strong negative and emotional responses (‘trolling’) are not allowed.
7.9 Keep your posts related to the topic of the thread. Irrelevant posts, particularly those which are intended to take the thread completely off topic will be moved to a new thread, or may be removed altogether.
7.10 Please keep your posts as constructive as possible and avoid making a post that adds little or no value to the discussion, for example "That's so cool." Poor grammar, spelling and misleading titles, make it harder to read the forums.
7.12 Do not post the same message more than once, in different forums.

Last edited by frugi; Aug 10, 2006 at 1:16am. Reason: added an inch to my short fuse
frugi is offline   Reply With Quote
Old Aug 10, 2006, 1:14am   #31
 
SOCRATES's Avatar
Joined Apr 2004
Quote:
Originally Posted by wasp
Many on these boards and plenty of others profess trading is all in 'price action'.

What is price action?

Is it price and its relation to support and resistance levels?
Is it price reacting to patterns (triangles/head and shoulders)?
Is it just watching the way a candle/bar forms?

Does it have anything to do with...

Candlestick patterns (doji/flying dragonfly...)?
Fibs and its relation to these levels?
Pivots and its relation to these levels?
Ross hooks?
1-2-3 formations?

Or is it all athe above?

When I conjur up images of the wonderous ideas of price action I see blank charts with OHLC bars only and PA traders trying to gauge the future movement purely by how price is acting right now, this bar alone and how its moving... Is it that stripped down or do more of the above come into it?

Also, can you then really see further ahead than the end of the bar forming now, if going via price action alone?

I'll leave this open now and go back to my MA's crossing wildly!

Answer:~ All of the above all intertwined all at the same time.
SOCRATES is offline   Reply With Quote
Thanks! The following members like this post: wasp
Old Aug 10, 2006, 7:20am   #32
TWI
 
TWI's Avatar
Joined Jan 2004
Quote:
Many on these boards and plenty of others profess trading is all in 'price action'.
Of course it is. Everything else is just a derivative that attempts to clarify the same.
__________________
"I refuse to tiptoe quietly through life
only to arrive safely at death"
TWI is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
Reading Price action ? blash Technical Analysis 12 Dec 4, 2008 4:13pm
Indicators or Price action wasp Technical Analysis 33 Jul 9, 2007 10:00pm
Price Action neil Educational Resources 0 Nov 11, 2006 1:39pm
Price Action / Lagging badtrader General Trading Chat 42 Nov 17, 2005 4:57am
Price Action minted Educational Resources 2 Jul 1, 2004 5:22pm

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)