Overview of Price Action Charts
If you browse the web at times it can be difficult to determine if you are looking at a stock chart or hieroglyphics. When you see a chart with many indicators and trend lines, it is likely a trader trying to overcompensate for a lack of certainty.
I have even seen some traders that will have four or more monitors with charts this busy on each monitor. When you see this sort of setup, you hope at some point the trader
will release themselves from this burden of proof.What if we lived in a world where we just traded the price action? A world where traders pick simplicity over the complex world of technical indicators and automated trading strategies.
When you remove all the clutter from the trades, all that is remaining is price.To see a chart minus all the indicators, take a look at the following image.
At first glance, it can almost be as intimidating as a chart full of indicators. Like anything in life, we build dependencies and handicaps from on pain of real-life experiences. If you have been trading with your favorite indicator for years, going down to a bare chart can be somewhat traumatic.
In this article, we will explore the 6 best price action trading strategies and what it means to be a price action trader.




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