the.com/price action
the market's body language — everything you need to know, minus the noise.
means trading decisions based purely on how price has moved and is moving, ignoring indicators, news, and opinions.
from emerged from floor trading culture where tape readers watched raw price and volume, later formalized by technical analysts like Steve Nison and Al Brooks who argued charts already price in everything else.
core beliefall known information is already reflected in price
no lagskips indicators built from old price data
candlesticksoriginated in 18th-century japanese rice trading
cult followingforums debate single candle wicks for hours