PriceAction Review 2023
In a Nutshell: PriceAction Ltd presents itself as the go-to hub for all things related to price action trading. Shifting away from the clutter often found in trading, PriceAction emphasizes simplicity.
Their approach focuses on raw price data, without the need for third-party indicators, news, or fundamental data. This method, frequently described as “naked trading,” relies on a stripped-down price chart, free from technical tools, save for the market’s raw price action.
The core discipline of price action trading refrains from using lagging indicators, algorithms, or complex systems. Instead, traders aim to interpret the price, pinpoint key market levels, and identify signals that hint at the market’s future direction.
For many traders, price action offers an unfiltered view of the market, a reflection of the beliefs and actions of every participant, be it human or machine. All the influencing variables, from economic data to global news events, find their reflection in the market’s price action.
With this in mind, PriceAction provides valuable insights and strategies that tap into this raw, uncomplicated form of trading.
|Price Action Trading Hub||Varies by product|
- Simplified trading approach focusing on raw data.
- Absence of lagging indicators ensures direct market insights.
- Comprehensive training courses for beginners and professionals.
- Regular trading signals to guide trading decisions.
- Active Telegram channel for real-time updates.
- Might not suit traders dependent on algorithmic aids.
- Requires a keen understanding of market trends.
- Subscription fees might be a barrier for some retail traders.