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Price Action Quotes

There are 100 quotes

"Indicators...attempt to give us context in the price action of an asset."
"Understanding price action and risk management are the two very important milestones that really helped me become profitable."
"You want to have a romance with price action."
"Supply zones are areas where price has failed to push through on multiple separate occasions."
"Confluence of price action across multiple time frames gives super accurate trades."
"We want to base our levels on recent price action."
"You're learning how to engage, decipher, read price action. What is it likely to do next? Where should it go? If you can't see that, you can't see the benefit."
"Confirmation means the price action has confirmed that your thesis is correct."
"Price will act as a catalyst for price to pull back and continue."
"Just an example of how watching the price action, seeing it break below for one day but then stabilize, can still give us a low risk but high reward opportunity, even on the higher time frames like this when we're looking at daily charts."
"Generally speaking, the more time the price spends stuck or just consolidating at or near an important level after breaking it, the more likely the break is to fail."
"Trading these simple price action patterns can be a profitable strategy if you implement them in the right way."
"Listen to the stock, respect the price action, price action is king."
"Only when you start to focus on raw, naked price action you will understand how price actually moves."
"It's really something that's going to simplify the way that you look at price action."
"What you need to wait for is something like this where price is putting in these internal lower lows and then price shifts from lower lows to higher highs."
"Each new leg of price, let's say for example price is moving higher, every time price puts in a new high, the chances increase that the next leg may be a change of character."
"An order block is essentially an area of price where there are large resting orders waiting to be triggered."
"Inflation is just an excuse to allow price action and leave retail traders holding the bag"
"One of the hardest things to do is just sit back when you're in a trade and watch and listen to the price action; let the price action be your guide."
"But just being patient, waiting for these significant time frames to shift in your favor."
"Wait for price to come to these areas, don't be trying to do a madness in here, just wait for price to come into a strong structure again."
"You always want to consider other factors like price action and volume in conjunction with the RSI."
"If you have a small cap stock experiencing a sharp price increase which pushes the RSI above 80, but then the price stalls, this could be a sign of weakening momentum."
"Instead of looking at the indicators as guidelines, we should use them from the context of studying the price action based on the indicators."
"What do you think is more useful: knowing when and where aggressive trading is taking place or only knowing the last traded price?"
"Scaling into trades based on price action is essential."
"Price action should always be your primary use to determine your trend."
"Understanding that this could potentially be where we're at is going to allow you to better structure what you're going to do if and when we see this price action."
"Naked price action is a superior way to trade as it allows you to identify what the market will do next by focusing on only one thing that really matters: the price."
"...a change of character pattern is considered valid only when the price breaks and closes below the last major low with the body of a candle."
"Price rejected from the extreme price did not break structure."
"The fundamentals will be shaped by the price action."
"Once the price did tap on this demand zone, what it did was it created a change of character."
"People are simply making up narratives to fit the price action."
"In trend line trading, we look for scenarios where price either respects or breaks the trend line."
"Look for tight price action before and after, higher lows, clear Pivot Point, explosive volume."
"Price action mimics this price behavior even when we flip to the monthly time frame."
"Price action tells us you know we're either in a phase where the super exciting time that this market is coming or if you know at the worst of it you know we're just in the beginning phases of grinding our way back up."
"...you will not evolve as a trader, you have to get rid of the charts and base it on the price action."
"Price action in itself, if you can understand how to read price, that's going to have the biggest impact in your trading."
"Usually it means explosive price action to follow."
"Price action can be just as misleading as a candlestick chart could be."
"Ichimoku cloud is kind of a different way to look at price action because when you start to really understand when you start to understand the Ichimoku cloud, it's you realize that the whole goal of Ichimoku cloud is to communicate the imbalance or balance in the market."
"Price is primary. Everything else is secondary and only used for conviction. Fundamentals, indicators, only price will make you rich."
"Consolidation phase, expansion, retracement fills in any inefficient price action, reversal seeks to take out any liquidity."
"The Wave Principle gives you a context for viewing price action."
"It's all about understanding what price is doing."
"You're gonna have a far greater understanding of what price action is like and how you can use it going forward in the new week of forex trading."
"Candlesticks are very specific price action identifiers, so they can be used in conjunction with other techniques to understand when and where to get in and if the trade is moving in the direction that you want."
"Price action is simply the understanding of how price acts; then you learn how to react afterwards."
"If you have too many indicators and too much stuff going on in your chart, you can't see what's most important, which is price."
"Make sure that you're really just following the price action."
"Volume is always most important when price is coming up or down to a level of interest."
"It's piecing together the volume with the level of interest and the price action."
"Open high low and close is the four best indicators you're ever going to find in price action its price."
"Higher the timeframe, the stronger the price action."
"Price respects market structure, even US30."
"Price action is a reflection of what is occurring in the market in real time."
"I'm very fortunate that I understand market structure and price action."
"Price action gives you pretty much everything you need."
"Notice the lecture we did a few months back when we talked about bars being up three bars, think sell; four bars really think sell; five or six bars really, really think sell."
"Settle in on the study of price action; that's all that matters."
"The best way to determine the trend direction is just price action."
"Price action gives you pretty much everything you need in terms of just this style of trading."
"The idea is that price is staying within that wick and it's a sign of power."
"We don't predict the market, we don't try and control the market, we just follow price action and what it gives."
"The price is truth. The price is smarter than the fundamentals most of the time."
"Focus on high probability setups, managing your risk, and ultimately basing your trades off of price action."
"Price spent very little time at the level before moving away from it; that's good."
"We strictly follow price action and do not rule out these bullish scenarios because we are in a bull market."
"All that matters is following your chart and following price action."
"Price action is all that matters."
"Your impulsiveness is conquered by the study of general price action."
"Price action is all that counts, no matter what kind of technical analysis you're using."
"The Trade IQ Toolkit has everything for analyzing price action on a professional level."
"This price action for me is very positive."
"There's a very specific way in which to read price action on the higher time frame that really changed the game for me."
"When you combine all the price action setups together, you're going to be set up well to be able to execute on most moves that we see happen on the chart."
"This is specific, highly focused on one segment of the process that leads to finding explosive price action moves."
"This concept, this technique will help you find these really big explosive price action moves."
"Follow along, follow that price action; it tells you about how much stop-loss you need to place, how consistent the price action is."
"Sometimes with ETFs, the price action matters a little bit more than the chart patterns."
"It's not a time frame specific strategy, but it's a price action concept that I think is very powerful and can create some excellent moves in the market."
"No indicator is a buy sell signal or a reason to enter a trade, the price action is the reason to enter the trade."
"The only thing you should be listening to is the price."
"Unlike indicators, fundamentals, or algorithms, price action tells you what the market is doing, not what you think it should be doing based off an indicator."
"Fixed range volume profile... quickly analyze volume and price action in a specific point in time."
"For over ten years, we've been educating traders on how to use price action to trade the markets."
"Price usually tells us everything we need to know, and most of the time it tells you in advance of the news."
"Price will tell you everything that you need to know; it never lies, it tells you the truth."