The Authority’ on Price Action Forex chart indicators explained. In 2016, Nial won the Million Dollar Trader Competition.
This means no lagging indicators outside of maybe a couple moving averages to help identify dynamic support and resistance areas and trend. Whilst economic data and other global news events are the catalysts for price movement in a market, we don’t need to analyze them to trade the market successfully. Price movement provides all the signals you will ever need to develop a profitable and high-probability trading system. Indicator-laden Charts Next, to demonstrate the stark contrast between a pure P.