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understanding price action

 
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Author understanding price action
reemajainiaf
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Joined: 17 Sep 2013
Posts: 78

Post: #1   PostPosted: Sun Sep 29, 2013 7:49 pm    Post subject: understanding price action Reply with quote

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
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Joined: 17 Sep 2013
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Post: #2   PostPosted: Sun Sep 29, 2013 7:52 pm    Post subject: Reply with quote

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
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Post: #3   PostPosted: Sun Sep 29, 2013 10:47 pm    Post subject: Reply with quote

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
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Joined: 26 Oct 2011
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Post: #4   PostPosted: Mon Sep 30, 2013 8:47 am    Post subject: Re: understanding price action Reply with quote

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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