What does “pure” or “naked” price action mean?
Naked price action, also called pure price action, means that you make trades based on the prices you can see in front of you. It’s like driving with the GPS off. Instead of relying on complex formulas and boring analysis, trade using your understanding of the market.
What are price action signals?
Price action signals, sometimes called price action patterns or price action triggers, are easily recognizable graphical patterns in a market that can be used to predict future market behavior. Experienced traders can sometimes spot these signals at a glance by recognizing certain patterns or repeats in past performance.