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[RT] "Price Action"



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Newbie seeks knowledge :
What is meant by "Price Action"?
I have read, usually in a discussion of Indicators, that "Price Action" is
the best
indicator. My interpretation of this is that the Market Price is the
ultimate inidaction of where the market is going. Ok, I agree, but how does
one analyse the "Price Action", and how can one combine this with Support &
Resistance Levels. TIA