18 — FROM INDICATORS TO PRICE ACTION

As retail trading expanded, traders experimented with hundreds of tools.

Moving averages.

RSI.

MACD.

Bollinger Bands.

Fibonacci.

Oscillators.

Indicators can be useful.

But eventually many traders return to the same fundamental information:

Price.

Because indicators are calculated from market data.

Price comes first.

This is where price action becomes important.