Things you need to learn about price action trading
There are many ways to trade the Forex market. The trading strategy greatly depends on a trader’s personality. Those who love to secure quick profit in the Forex market become scalpers. On the contrary, those who love to trade the market conservatively use the position trading strategy. But no matter which trading strategy you use, you should not make things complex by using too many indicators. Some of you might think the professional traders in Australia use EAs to trade the real market. But in reality, the pro-Aussie traders never rely on EAs or indicators. They use a simple price action trading approach to trade the real market.
What is a price action trading strategy?
If you install the trading platform, you can view the price movement of the financial instrument in the different time frames. Most of the time, the experienced traders loves to use the Japanese candlestick chart. …