Price Action - trade without indicators

Take a look at the picture. Regular schedule, is not it?

As we know, the price moves in waves (zigzags). And if the start price movement, the trend in this direction is maintained. If a trader enters during a small correction (rollback prices against the main trend) - a cost-effective entry point.

Connect the top and bottom.

Now you will notice the trend movement, first down, then up. In the first half of the graph, you can search for points of entry for sale at rollback prices up, the second - to buy when the price moves down.

2. Price Action - look at the shadows of candles

What is the shadow of a candle? This is the price levels of the Open and / or Close. If the shadows are long, it is possible to understand that the price met resistance, then turned around and headed in the opposite direction (in the direction of the candle body). This suggests the market moves too fast and strong players who have managed to deploy it.

If we want to make money on the stock exchange, you need to move along with the major players. This will help us shade candles.

Take a look at Figure 3. The trend is down.

Candle 1 shows a downward motion, but buyers market back recline. This is the first possible sign of support.
Spark 2, more precisely, its long shadow, repeated message of support.
Candle 3 clearly shows a strong fight at this level between buyers and sellers. We stay out of the market until one side will prevail.
Candle 4 is a signal to buy. Long lower shadow is present, but the candle closes high at the maximum. There is no upper shadow. Four candles with long lower shadows, the last of which closes very high, in most cases tells us that the price will go up. Enjoying Figure 4.

Our assumption was correct, the market turned around and went up.

3. Price Action - market indecision

Traders with experience know that strong movements occur most often after a flat market. During the indecision of the market when you set a balance between bulls and bears, the trader is better not to trade. But as soon as one of the parties has gained momentum, it is necessary to enter the market. Price Action will tell us which way to open the transaction.

Figure 5 we see that the price is moving up. How do I know whether to continue the downward trend? Look at the price.

Spark 1 has a small body and small shades that are approximately equal to each other. This so-called dodge (dodge, doge). He talks about the uncertainty in the market. We are out of the market and are waiting for a signal that the market determine the direction.

Candle 2 is similar to the candle 4 (Figure 4). Long lower shadow, the upward long body and a small upper shadow (or lack thereof). Signal to move up.

So, we have a signal uncertainty on the market, after which the price moves upward. What do we do? Buy, of course.

Figure 6, we see that our prediction is correct, the market went up.

Price Action - to summarize:
Simple examples you can see that for proper entry into the market is enough normal value prices. Indicators we have not used.

There are many patterns and pricing models. We have presented in the article, only the most simple. But it is enough to prove the right to use Price Action in any financial markets.

We hope you are interested bezindikatornaya trade and you start to practice in a new direction. After understanding the logic of the price movement, we can adequately respond and get their profits. Profit you and