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Forex Q&A

Ep37: Price Action vs Indicators

Forex Q&A

VP

Investing, Business:investing, Business

51.5K Ratings

🗓️ 11 March 2019

⏱️ 16 minutes

🧾️ Download transcript

Summary

After a brief chat about spot metals, we go over some of the main arguments we get from the smuggier members of the price action crowd, and why those arguments are dumb. Blog For This Episode - https://nononsenseforex.com/forex-q-and-a-podcast/price-action-trading/ Subscribe on iTunes - https://itunes.apple.com/us/podcast/forex-q-a/id1403201709 Follow the Podcast on Spotify - https://open.spotify.com/show/4iTHB9E7Ly2AImBBhlZtV0 Subscribe on Stitcher - http://www.stitcher.com/s?fid=201867&refid=stpr Follow Me On Twitter! - https://twitter.com/This_Is_VP4X

Transcript

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0:00.0

This is VP,

0:03.0

V.P.

0:04.0

Professional Forex Prop Trader here in the United States

0:06.0

answering your user-submitted

0:08.0

for-X trading-related questions every Monday morning.

0:11.0

Now, if you have a Forex trading related question that is on your mind and you

0:14.6

have consumed all the material and you have not asked a question already, please go to

0:19.1

no nonsense Forex.com slash ask VP. Fill out the form and I will get back to you typically within 48 hours

0:26.0

So I would like to thank you all for the likes and the feedback on the last video we did on dead markets

0:31.0

That video seemed to come at a good time and maybe the markets hurt us.

0:35.4

They actually started moving soon after that with a pretty weak NFP report, so let's hope

0:41.0

that either way that is the catalyst we need to get this market going again.

0:44.6

But I'm a little bummed out. There is a big point that I was going to bring up in that video.

0:48.5

It was sitting right there in my notes and I just went right over it and didn't even make the blog.

0:52.3

I seem to overlook it twice. But I'll go

0:55.2

ahead and take a minute now to bring it up. When markets are dying like this. Just know that there is another alternative that we will be talking about down the

1:06.7

road because as Spot 4X was pretty much dead for a couple weeks. Spot Metals was moving. And Metals trading is the

1:17.0

shit. And even if you're in a wonderful country like mine that is not allowed to trade

1:22.2

metals at anything more than a one-to-one leverage, so it's kind of pointless.

1:26.0

There are still ways around this, ways that we will not discuss here, do not ask me.

1:30.0

I'm going to find that stuff out on your own.

1:32.0

But believe me when I say this, because I have first-hand experience here.

...

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