Price action trading
Hello
I have been trying to learn price action for some time now and watched some videos and read some pages and i also tried to find a good mentor but i didnt. I would really appreciate for any advice and help.
Even I had some difficulty understanding price action at first but I started studying the support and resistance levels and how the price is reacting around them. Then I included a few candlestick patterns to understand better.
I didn't go for any mentors because I used to post my charts on forums and someone would be there to explain and clear my doubts. You can try that.
The best master is the chart, sit on that chair and observe, only like this you can learn the truth. This is how I see it. Go slow, you're not in a race
Gianfi_ posted:The best master is the chart, sit on that chair and observe, only like this you can learn the truth. This is how I see it. Go slow, you're not in a race
Do you combine indicators or candlestick patterns?
ChelseaR posted:Gianfi_ posted:The best master is the chart, sit on that chair and observe, only like this you can learn the truth. This is how I see it. Go slow, you're not in a race
Do you combine indicators or candlestick patterns?
no indicators, just price action, I studied how the price does fake outs
Thank you for advice. I would also like to ask what time frames you use i was thinking of using somewhere from 1h to 1d.
and what about backtesting
Gianfi_ posted:ChelseaR posted:Gianfi_ posted:The best master is the chart, sit on that chair and observe, only like this you can learn the truth. This is how I see it. Go slow, you're not in a race
Do you combine indicators or candlestick patterns?
no indicators, just price action, I studied how the price does fake outs
Got it, you would be checking the price near support and resistance right? How do you manage to confirm the trend direction in this?
