Price Action Trade Course – John Templeton

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Summary

• Archive: http://archive.is/zPzVD What Does Price Action Tell Me?Well, in short……..everything (at least from the technical analysis side).You know how people read a book?

• Or how you are reading this right now?

• Well…..that’s kind of how this works.You can start from the left of the chart and start reading to the right, just as you would read a book.You can start to see support and resistance areasYou can see where the market would have some breakout areasYou can read the possible future direction of the priceYou can see how time is a factor in where the price will be goingYou can basically see exactly what is happening in the marketYes…..I know that there are indicators that will tell you where support and resistance lines are.

• Yes….I know there are indicators that will tell you where breakout levels are.

• Yes…… I know there are indicators that predict where the price is headed.My suggestion is to test these indicators out for yourself.