Price action

Hen traders say they trade pure price action what do they mean?

Trading based on only the bars, with no or little use of indicators and or lines.

After a while you recognize patterns without all those supporting analysis tools and can trade on that. This is what I more or less do. I only use a couple of lines as I need them to trigger strategies in my scripts.

Hi Chip…

Please read this previous thread covering your question in great detail:

http://forums.babypips.com/newbie-island/20768-what-price-action.html?highlight=Price+action+Lexy

It says about the same as I did, just in a more complex manner… :slight_smile:

Well put…

I just hate good advice lying unread:

the Search box is my best friend…

:slight_smile:

Thanks very guys

No problem… I hope to see you around a little longer!

Happy trading.

[QUOTE=“PipMeHappy;742134”] No problem… I hope to see you around a little longer! Happy trading.[/QUOTE] Always in & out!! And ready to ask a silly question or two… Happy trading Mate!!

Hello Mr. Chip,
Regarding the price action, its just a trading technique where on the basis of price movement on charts, the decisions are made. analysis based on their performance in the past helps in making trading decisions