Article 5 Steps To Incorporate Price Action Into Your Method

[T2W Bot]

Whether you want to be a fundamental trader or technical trader, you need to have a sound understanding for how markets work.  As a price action trader, economics major and trading educator, I fully understand how markets work, but do you?
There are tens of thousands of trading websites and thousands of different trading methods being sold on them, most of which never really explain to you, the trader, exactly how or why they work.  To me this is just shady business practices from these companies, and is more times than not due to the fact that these methods either don’t work or the person in charge of marketing these methods doesn’t know how they work.  I am writing this article wearing the shoes not only of a full time trader and economics major, but more importantly for you the shoes of a trading educator.
While there are tens of thousands of traders, some with very successful and profitable methods, there are only a small handful of traders willing to share...

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[kencorso]

couple of good ideas but without defining what he means by supply and demand, not very useful article.

For example, supply is represented and seen by a,b,c..etc....
lastly, lacking details. For volume, are U talking about time and sales window speed, big volume coming in, volume at the ask, etc...

regards, Ken

 

[nunrgguy]

Hmm OK I guess but while it pulls trading systems etc to bits for not explaining how they work the points are just a TAD vague.
1 - Yes
2 - Debatable, volume lags and what about a market that has no volume?
3 - What trend? Are you just seeing what you want to see?
4 - Size of a stick in itself means not a lot apart from there was more/less supply/demand in the past.
5 - Agree

 

[AC007]

What is he talking about?

 

[corsica]

And why does he need your $197? Just go on his website, it is very clear...

 

[Emporio]

Re: 5 Steps To Incorporate Price Action Into Your Method

"As a price action trader, economics major and trading educator, I fully understand how markets work"

LOOOOL!

 

[investpsych]

I like it.

Nice article and very well said. Good job buddy....