062 - PRICE ACTION: 4 Things You Should Consider episode artwork

EPISODE · Nov 12, 2021 · 34 MIN

062 - PRICE ACTION: 4 Things You Should Consider

from The Trader's Mindchat Show · host Michael Lamothe

There's a lot of confusion when it comes to price action. What should you consider? What time frames? Is there a single most important thing about analyzing price action? The list goes on... JOIN THE ELITE PROGRAM: https://www.marawealth.com/membership/ #priceaction #chartanalysis #technicalanalysis I'm not the expert on every style, platform, and chart type, but I do know a thing about clarity, scope, direction, and if what you're doing will get you to where you want to go. Today we spoke about 4 Things You Should Consider When Analyzing Price Action. The 4 Include:  1. Direction (price can only move 3 ways) 2. Velocity (how fast price is moving 3. Time frames (zooming in and out) 4. Related price action (things that may influence price action) BOOKS MENTIONED: Stan Weinstein: Secrets for Profiting in Bull and Bear Markets Connect with us on: • Website: https://marawealth.com • Instagram: https://www.instagram.com/michaelglamothe • Twitter: https://twitter.com/MichaelGLamothe • YouTube: https://www.youtube.com/marawealth • StockTwits: https://stocktwits.com/MichaelGLamothe

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062 - PRICE ACTION: 4 Things You Should Consider

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