BEST BREAKOUT STOCKS FOR TOMORROW || PRICE ACTION VOLUME BREAKOUT PATTERNS || SWING TRADING | 18 OCT

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In this video ,we will be looking at BEST BREAKOUT STOCKS FOR TOMORROW || PRICE ACTION VOLUME BREAKOUT PATTERNS || SWING TRADING | 18 OCT

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In simple terms, price action is a trading technique that allows a trader to read the market and make subjective trading decisions based on the recent and actual price movements, rather than relying solely on technical indicators.

Price action vs indicators vs technical analysis: what is the difference?
Price action indicators are flickers of activity on a trading chart that signal the emergence of a trend. Seasoned traders can spot these indicators quickly and use them to make informed bets on the market in real time.

Technical analysis uses a range of different calculations to predict future price movements. By contrast, price action relies only on the price movements of an asset within your trading timeframe.

In a way, technical analysis is attempting to find order within the seemingly chaotic world of trading, while price action allows the trader to take a more traditional gut-based trading approach by spotting price action indicators and acting on them.

Here we discussed about daily breakout stocks with volume confirmation .
Normally these type of breakout stocks will give better profit in short term.

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An Intelligent Price action trader anticipates and rides the trend, as long as it continues. Nonetheless, his sole focus is on Market Psychology and its dynamics. When prices travel in a trend, called trending, they remain headed in one direction, and they tell us that there is an imbalance of demand and supply.

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