I would not say price action is better in every case, but it teaches you to understand what price is doing without too much noise. I still use one or two indicators sometimes, but only for confirmation, not as the main reason to...
Support and resistance helped me most when I stopped treating the lines as exact prices and started treating them as zones. Price often breaks a level first and only then shows if buyers or sellers really control it, so I prefer waiting for reaction...
Gold (XAU/USD) Technical and Fundamental Analysis The current market price of Gold is 4508.30. Gold is still in an upward trend but it has been going down from higher levels, which means it is feeling some pressure near a resistance area. Technical...
Is Price Action Better Than Indicators? In the world of trading, one of the most common debates is whether price action trading is better than using indicators. Both methods are widely used in forex, stocks, and cryptocurrency markets. However,...
I see that the recent behavior of USD/JPY continues to reflect a highly uncertain market environment after the strong impulsive decline caused by intervention pressure, and I believe that traders are still trying to determine whether that sharp...