Up until recently, the whole idea of forex price action
October 6th, 2009
Up until recently, the whole idea of forex price action trading just left me baffled. Despite being an experienced forex trader, I just didn’t really get it. Thankfully my broker managed to break it down into simple terms which I can share with you. Essentially it means trading almost blind. Rather than use indicators or actual figures, price action trading relies on averages for guidance. It’s quite unlike any sort of trading I had ever experienced, but there are many who swear by it. And like they say, if you can’t beat ‘em, join ‘em and take a new approach to your trading today.
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