February 2018
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Price Action

Price Action, is either presented in candlesticks, bar chart, or line chart. Price action can be broken down into three: 1) up, 2) down, or 3) sideways.

Two things that make the market move; when more buyers than sellers or vice verse. More buyers buy the market will move up and when more sellers sell the market will move down. The market will move sideways when many choose not to participate.

The charts or price action tell a story about market emotion. It shows market fear and greed. Price Action shows market sentiments and moods. Price Movement is defined by Support and Resistance. Besides the usual horizon line, moving average and trendline are also Support and Resistance. Connecting the Mountains will form a resistance, and connecting the valleys will form a support.


The information presented here is for illustration purpose. It is not meant to be used for buy or sell decision. We do not recommend you trade base on what you read here. If particular strategy, technique, trigger are mentioned, they are meant as demonstration how it being used by some trader.

Trading in any financial instrument such as stocks, options, indices, currencies and future involve risk and should not undertake without learning from professional traders. Readers may carry out trading based on what they learnt, but all risks and potential financial losses are the readers own responsibility. 

Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here.