The oldest trading strategy is the best trading strategy

Price action is the oldest strategy in the world of forex trading. The trading method is of the type of technical analysis. It seems ridiculous that the old strategy that goes is unknown to many people. Ask some of today's new traders what the price action is and they will look blank. Some of them may have heard of this, but you can practically guarantee that no one will know how it works.

Today, the modern forex market is driven primarily by robots. Indicators are used to tell you when to buy and sell, with staggering unreliability. The commercial community has definitely become lazy.

The principle of this method is very simple. It tells you current trends and predicts how prices will move in the near future. When the stock market first opened, all traders used this method of buying and selling. Jesse Livermore was a legendary merchant in the early twentieth century and the only system he ever used was a price share.

Why has things changed so dramatically? With the introduction of indicators in mainstream commerce, all work has become much more complicated than it needs to be. Traders seem to have forgotten how to analyze markets.

New market entrants are brainwashed by these wonderful inventions that make your money for you. They may never have heard of it, but when their bank accounts are empty thanks to their mechanical friends, they will wish they had.

So load up on metrics, learn price action, and become a real trader.