Stocks To Keep A Close Eye On

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shinchan

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SG.

A little clarification from my end too.:D

The links posted by Dan are indeed related to Price action action.

A person like you can capture the price action in his brain because of your superior memory, where as others who are not so fortunate will have to depend on charts to reflect the price action.

IMHO, a price action trader is the one who uses price only as his analytical tool, as against a TA trader who uses some indicators/ derivatives of price.

But, from a day trading perspective your style is more suitable.

Hi Dan,

A Little clarification from my end....

My reference to 'Idiots' was only with respect to Price Action Trading for those who call it 'Price Action Trading' referring to 'Charts & Indicators'

If traders are Following Charts with Indicators it is simply TA traders with whatever System/Strategy they are following... so the correct Term would be TA Traders......


SavantGarde
 

SavantGarde

Well-Known Member
Shinchan,

Why the necessity for the chart to know the Price...simple Bid & Ask in the watchlist should be sufficient

My point is if one is using 'chart' it is not Price Action


SavantGarde

SG.

A little clarification from my end too.:D

The links posted by Dan are indeed related to Price action action.

A person like you can capture the price action in his brain because of your superior memory, where as others who are not so fortunate will have to depend on charts to reflect the price action.

IMHO, a price action trader is the one who uses price only as his analytical tool, as against a TA trader who uses some indicators/ derivatives of price.

But, from a day trading perspective your style is more suitable.
 
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