What Is Forex Price Action?
In its most basic form, Forex price action is precisely what its name implies.
It’s the “action” of “price”. It describes the way a market moves, including its trends and key support and resistance levels.
However, trading Forex with price action also includes buy and sell signals.
When we combine these signals with key levels and momentum, we get a style of trading that is both simple and effective.
In fact, it’s the only method I have used to trade the Forex market since 2010. Before that I was lost in a world of unprofitable trading robots and unnecessary indicators.
While some of you might already be familiar with the contents of this post, for others it will offer an entirely new perspective.
Even if you are familiar with price action in Forex, I encourage you to read on. This post will be a great refresher for you and may even shed new light on the topic.
I’ll cover a simple 3-step process to this style of trading, and also discuss the importance of being patient while making price action trading work for you.
Ready to do this? Let’s get started.
