Very cool post, I agree entirely. Most people over-complicate trading when you can really boil it down to what you have posted here. Cool
Pretty nice POUND / DOLLAR pin bar...
Agreed, that's why I trade "set and forget".
Yea...I just don't see why anyone would use them. Price action is all you need. Trading is a very very easy thing to over-complicate, and...
Yes, my stance is just that indicators are unnecessary; you can just learn to analyze and trade off pure price action strategies. You are right...
"Price action trading is the art and skill of making all of your trading decisions off of a stripped down or ânakedâ price chart. This means...
USDCHF fakey setup from earlier this week. This one produced some serious pips...
This is a true statement.
Price action trading. No indicators. No B.S.
With Gold now over $1500 an ounce, I would say I was quite right with above post, when gold was $1435 an ounce. You gotta love simple price action...
I still use a couple moving averages for trend analysis and dynamic support / resistance identification, the 8 / 21 day EMA as per Nial Fuller.
Thanks for this thread, I also have a price action thread. It's so much better to just take off all the indicators and crap from your charts. I do...
Hey everyone, I haven't posted much in my own thread lately, lol. But, I wanted to post up the daily chart of gold because I think its priming...
I would suggest you look into price action trading.
Here is a good article on which currency pairs to trade: http://www.ETIsAGreatForum.com/
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