Elevator Trading – Interpreting Price Action – Forex & Cryptocurrency

Elevator Trading – Interpreting Price Action – Forex & Cryptocurrency

Price Action is my favorite indicator, because it’s the only one that will never tell me a lie.’

It’s all about being able to interpret price action

Price action trading is the discipline of making all of your decisions in trading from a clear price chart. This implies that there are no lagging indicators present, except for, perhaps, some moving averages that may help to determine dynamic resistance and support areas, along with trend direction as well.