What Is Price Action Trading? A Practical Beginner’s Guide

What Is Price Action Trading? A Practical Beginner’s Guide

A trading chart can quickly become crowded with moving averages, oscillators, coloured signals, and complicated formulas. Price action trading takes a simpler approach: start with the price itself. Instead of depending heavily on technical indicators, price action traders study how a market moves over time. They examine candlesticks, swing highs, swing lows, trends, support and … Read more

How to Read a Forex Candlestick Chart: A Beginner’s Guide

How to Read a Forex Candlestick Chart: A Beginner’s Guide

A forex candlestick chart can look intimidating when you first open a trading platform. The screen is filled with red and green shapes, thin lines, changing prices, and patterns that seem to appear and disappear within seconds. Fortunately, each candlestick tells a fairly simple story. It shows where a currency pair opened, how high and … Read more