Understanding Price Action [Part 2]: The “Smart” Trading Indicators That Actually Work

Trading Concepts, Inc. http://ift.tt/2c4EzKQ

Legendary trader Richard Dennis said:

“You don’t get any profit from fundamental analysis. You get profit from buying and selling. So why stick with the appearance when you can go right to the reality of PRICE?”

That’s why professional traders can make a consistent income with nothing but a blank chart…

Price is the foundation from which a successful, long-lasting trading methodology is created.

…and once you understand it, you’ll see it’s the closest thing to a “holy grail” for trading the markets.

Now this doesn’t mean you can’t use any indicators.

You can.

And I do.

However, only a few indicators actually support price action.

And when used correctly, they make your analysis even easier.

See which indicators I use below…

 

Here’s where you can get the most advanced chart-reading techniques that practically predict market direction.