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Price Action Trading
Price Action Trading is a technique of day trading and profiting in stock market. This is a simplistic and minimalistic approach to trading. Such traders are referred as Price action Traders.Here the traders do not use the traditional indicators for technical analysis. Instead they rely on price action, volume and chart patterns. Though it appears simple, it is not meant to be easy. It requires a thorough knowledge of psychology of market, chart formations, volume relations. This method of trading works with all types of financial instruments.
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