What's Indices Price Action Strategy?
Indices Price action indices trading strategy is use of only stock indices price charts to trade Indices, without the use of stock indices chart indicators.
When trading with this stock indices price action trading strategy, candlestick stock indices charts are used. This stock indices price action strategy uses lines & pre-determined stock indices price action setups such as the 1-2-3 stock indices price action pattern setup that either develops one stock indices price action pattern setup or series of stock indices price action trade setups.
Traders use this stock indices price action trading setup strategy because this stock indices price action analysis is very objective & allows a trader to analyze stock indices trading market stock indices trading price moves based on what they see on stock indices trading price charts and market movement analysis alone.
Indices Price action indices trading strategy is used by many traders: even those that use indicators also integrate some form of stock indices price action strategy in their overall indices strategy.
The best use of this stock indices price action technique is achieved when signals generated are combined with indices line studies so as to provide extra confirmation. These indices line studies include indices trend lines, Fibonacci retracement, support & resistance areas.
Indices Price Action 1-2-3 Break out Pattern
This stock indices price action indices trading strategy uses Three chart points to determine the break-out direction of a indices price action.
The 1-2-3 stock indices price action trading method uses a peak and a trough, these points forms point 1 & point 2, if market stock indices trading price moves above the peak the stock indices price action signal is long, if stock indices price action moves below the trough the stock indices price action trading signal is to short. The stock indices price action break-out of point 1 or point two forms the third point.
What's Indices Price Action Strategy? - Indices Price Action Setups in Indices Trading
Series of Stock Indices price action break-outs
What's Indices Price Action 1-2-3 Indices Strategy? - 1-2-3 Indices Price Action Setup Patterns in Indices Trading