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Why Price Action Is everything In Trading (importance of price action)

Hello friend  welcome to the #Traderlifestyle

I hope you will be fine and also had read my last blog about How Discipline Makes me a successful trader, if you don't read please read this first, and all the readers who had read this blog thank you for sharing is a blog, and given a tremendous view on it.

so in this blog, I will talk about why the price action is everything in trading and the importance of price action. 

so let's start with what is price action actually 

price action is actually is the behavior of certain &uncertain event which reflect in the technical chart, as we know that all the activity which affect the price of the product first reflect into the technical chart and then it happens in the real world.&then it changes in the fundamental but first, it reflects in the technical chart, as as we are the trader we should know about  this important thing and also we should have the ability to catch the indication
I know read the price action is a little bit difficult at a bugging but when you spend most of the time with a technical chart is will easy for you to read the price action and ones it comes to inhabit it will boost your trading psychology and also will work you to be a consistent trader.
so, guys, this is the price action that I learn to give a lot of attention and with hard work ethics.

Now let's talk about the importance of price action in trading 


1.Historical VS. now moment concept 
In a forex market price action repeat itself  Not many people recognize great trading opportunities based on historical vs now moment price action,
Price behaves the way it does as a result of the behavioral patterns and decisions of the traders that are both human and algorithmic who are participating in the market at any given time.

2.Easy to Spot Price Action Patterns
forex price action patterns like head&shoulder, ABCD pattern, Ascending channel ICC (impulse correction continuation) all of these patterns are easy to get the pattern, when we use these patterns properly the pattern gives us a hint to trade when the circumstance is just all right.
Advanced Bullish candlesticks and Advanced Bearish candlesticks help us understand the nuances of the price behavior, such as "What might happen after this inverted hammer pattern?".
3.momentum and volatility
With Price Action trading, volatility is very easy to spot. Simply said without volatility, there is no way we can make money in the market. Volatility in the market is a good thing and with price action strategies it should be easy to spot it. This is how momentum and volatility are easily spotted with this simple price action strategy.

4.Timing and Patience
Trading price action teaches traders about patience and professional attitude towards trading. Forex is not gambling, yet many traders use it as it were. Many investors will tell you that courage and patience are two of the most important ingredients for successful long term investing. You need the courage to stand by your choices and the patience to ride out similar for successful trading. Although while you still need the courage in your methodology, you need the patience to wait out the market for the opportune time to strike.

so these are the top 4  important things in a price action trading so I hope guys you really love to read this blog, I hope this blog also gives you tones of value and enhances your trading knowledge so thank ones again for reading this blog.
follow me on Trading View  for  getting updated with a current trade opportunity , you can also follow me on Instagram , Facebook, Linkedin, youtube 

😊Stay Tuned😊
📈Happy Trading 📈


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