What does “pure” or “naked” price action mean?
Naked price action, also called pure price action, means that you place trades based on prices you can see in front of you. It’s a bit like driving with your GPS off. Instead of relying on complex formulas and tedious analysis, you trade with your own understanding of the market.
What are price action signals?
Price action signals, sometimes referred to as price action patterns or price action triggers, are easily recognizable graphic 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 repetitions in past performance.