Hi, I'm Chris Capre, founder of 2ndSkiesForex. I'm a verified profitable trader and trading mentor. As a professional trader, I specialize in trading Price Action and the Ichimoku cloud. As a trading mentor, I have one goal: to change the way you think, trade and perform using 18 years of trading experience and cutting edge neuroscience to wire your brain for successful trading. Want to improve your trading edge and mindset? Check out my trading courses here.
We have been getting a lot of questions from newer traders to forex on what is price action trading, and how one can utilize a forex price action strategy. What we are going to cover is the traditional definition of price action, how we approach it differently than others, and how one can trade price action in the forex market.
What is Price Action Trading?
In the most traditional and technical sense, price action is simply price’s movement over time. This could be on any time compression from the 1min up to the weekly chart. Any price fluctuation for any instrument is a form of price action. Forex price action trading is the science and art of trading these …... Keep reading