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understanding price action |
reemajainiaf White Belt
Joined: 17 Sep 2013 Posts: 78
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Post: #1 Posted: Sun Sep 29, 2013 7:49 pm Post subject: understanding price action |
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Hello all,
As I am new to trading, would like to start this new thread about price action. Can anyone please help me understand the meaning correctly? |
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reemajainiaf White Belt
Joined: 17 Sep 2013 Posts: 78
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Post: #2 Posted: Sun Sep 29, 2013 7:52 pm Post subject: |
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Kindly look at the daily chart of sun pharma. I think the last candle of Friday means it should correct now. |
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svkum White Belt
Joined: 14 Feb 2007 Posts: 321
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Post: #3 Posted: Sun Sep 29, 2013 10:47 pm Post subject: |
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its study of demand and supply movement .
there are various methods and study ppl use to judge these criterias .
so prise action may gives data where supply is ending and demand is increasing (buy action )
similarly for sell action , when demand is coming to end and supply is increasing .
now find out those methods . |
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bharatpatel White Belt
Joined: 26 Oct 2011 Posts: 401
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Post: #4 Posted: Mon Sep 30, 2013 8:47 am Post subject: Re: understanding price action |
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reemajainiaf wrote: | Hello all,
As I am new to trading, would like to start this new thread about price action. Can anyone please help me understand the meaning correctly? |
Go to forum section and search for a trade set up under stratagies or if you wish to play pure price action pls click below link and read / understand carefully.
http://www.icharts.in/forum/swing-trading-the-speculator-way-t2230.html
Regards. |
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