Price action

This is for people who know something about forex, if you don't, i suggest you  go to the post "Learn Forex Trading" on this blog.

When i search the internet, i never find something about price action trading. just automated system robots. Well.... i don't use these robots. I don't even use those fancy indicators, just plain candlestick charts. The only indicator i sometimes use is the  exponential moving average, and only with the daily charts.

when i use price action, i like to trade the daily charts, 4 hour charts, and sometimes the hourly chart, (but i like the higher ones better) but i don't even think about going in a lower time frame. When we go to the lower time frame, the overall trend is sometimes hard to see, and as we know, we like to stay with the trend, so just trade the daily time frame especially if your an amateur.

Price Action 
If we use price action as our method of trading, we do not need any fancy indicators, just the plain candlestick chart. 
the first thing that we do. is mark the horizontal levels on our chart. These act as support and resistance levels our chart. 

Once we marked the horizontal levels, we look for the overall trend. Is the market going up(bull market) or down(bear market) r it could also be consolidating (going sideways). If the market is consolidating, we don't need to trade, because it has no trend. If it is a bull market, we will buy on weakness, and if it is an bear market we will sell on strength. This means if there is a down trend, we wait for a retracement back up to an horizontal level there we look for price action signals.