In the words of the poorest, the action of price movement over time is also part of the technical analysis. Variations in the prices of financial instruments form the basis of price action. Price Action-Volume Course combines historical prices with current prices that make better trading decisions. Unlike others, this view tells what is happening in the market.
It can be linked to a behavioral economy where early identification of opportunities helps to seize this opportunity. The trader takes key factors such as volume, price, market trends, and self-considered behavioral patterns and tools such as trend lines, price / volume indicators, support or resistance levels, relative strength index, moving averages, etc. to predict stock market movements based on time information. real. Trends can come in any of these three categories: main trends, secondary trends, and short-term trends. Price action works best for short-term trends. Therefore, it is important to understand the market cycles as this helps to know the market direction and make better informed decisions. The origin of the numerical action theory can be associated with Dow Theory.
