Price Action

Any representation of price movement.

• Any financial instrument
• Any type of chart
• Any timeframe
• 50 years ago, was seen by reading the tape

Everything is important

• Everything happens for a reason, there is no "noise".
• One can explain every single bar with good chart reading skills

Genetically based

• Reflection of human behavior
• So market will behave the same way before, now and in the future

Price leads fundamentals

• Price usually moves earlier than news event, because buyers or sellers begin to sense price is wrong.