How Professional Traders Use Price Action to Trade

A candlestick chart depicts price action, with each candle showing the open, high, low and close prices over a set time period. Candlestick patterns reveal sentiment and potential price direction.

Price action represents the fluctuation of a security’s price over time, a foundational concept in trading. It emphasizes analyzing price chart patterns to guide trading decisions, offering insights into market sentiment and potential price trajectories. Price action trading operates on the principle that price and volume encompass all vital information about a security. Thus, instead […]