Price action & # 39 is the oldest strategy in the forex world. This trading method, which has a technical analysis. It seems ridiculous that the old strategy does not know much. Ask some of today's new traders, that is the price, and they will look at you blank. A few may have heard about it, but you can almost guarantee that no one will know how it works.
Modern robots forex market is controlled today. Used indicators that suggest when to buy and sell, with stunning unreliability. Trading community has certainly become lazy.
The principle of this method is very simple. He informs you about the current trends and forecasts, as the price will move in the near future. If the market for the first time opened its doors, all traders have used this method for buying and selling. Jesse Livermore was a legendary trader in the early twentieth century, and the only system, which he used, was the price.
Why is everyone so radically changed? Introduction to the main indices all trading activities was much more difficult than it should be. Traders seem to actually forget to analyze the markets.
New traders who enter the market, brainwashed these wonderful inventions that make money for you. They have never even heard of, but if the accounts in their banks will be empty due to their mechanical friend, they wish they had.
So clear the indicators and learn price action and become a real trader.