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Price Action Trading
Mike has an MBA in business and has been successfully trading for over 15 years, specializing in technical and fundamental analysis, trading strategy, and risk management. Mike analyzes the market on a regular basis and works with several large institutions by helping traders, just like yourself, how to best approach trading based on their needs and wishes. For the last 5 years, Mike has also been providing webinars.
Many short-term traders rely exclusively on price action and the formations and trends extrapolated to make trading decisions. Technical analysis as a practice is a derivative of price action since it uses past prices in calculations that can then be used to inform trading decisions.
A price action analysis is based on studying, reading, and interpreting a market's price movement over time, using raw price charts to trade the market (no indicators). By learning to read the price action of a market, we can determine a market's directional bias and trade from reoccurring price action patterns or price action setups that reflect changes or continuations in market sentiment.
Cryptocurrency CFD Trading System Beginner-Intermediate, candlesticks