Question
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Can we depend on pure PA?
10 Answers
<p>If you learn it exceptionally well, my answer would be yes. Even though I use 2–3 indicators but I have seen many traders who are profitable but trade only based on price action. The real money is made because of risk management and not accuracy.</p>
10 Views
<p>Yes definitely. I myself use price action when i trade intraday. I am mostly a scalper that trades off price action on the lower time frames most days during the week.</p>
9 Views
<p>There is no single tool enough in intraday trading to become profitable because if any news come then price action also fail or if on any stock quarterly result day then technical analysis does not work</p>
8 Views
<p>There is no single lane on the forex market. When setting up your trading journey, you can follow a variety of strategies. One who follows only one strategy cannot have a higher return since successful traders have followed a mix of unique strategies. You need to learn the fundamentals and techniques to make the price action more effective if you are only following the price action.</p>
7 Views
<p>Trading price action in Forex can be highly profitable, but it has some inherent limitations. The interpretation of price action depends on the time frame you are trading, as it shows price data plotted over time. Trading price action is not perfect. There will never be a trading system or strategy that is 100% accurate. Many of the setups used by price action traders have a success rate of 75% or higher, proving that price action strategies are quite accurate.</p>
6 Views
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