What is Price Action?
It's a simple method of trading that requires no technical chart indicators.
Why indicators are bad?
Indicators aren't bad, but they aren't suited for trading. They can offer some basic analysis, but usually indicators just hide the real market situation from a trader.
What are good books on Price Action trading?
Some good books on this topic are:
- Reading Price Charts Bar by Bar by Al Brooks
- Price Action Trading by Bill Eykyn
- High Octane Trading by Steve Wirrick