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Price action is a simple and yet effective strategy that earns money in day trading. Day traders who are into it are usually called price action traders. Learning how to day trade with this technique is a must because it’s one of the easiest ways to make money in this business. When trading based on price action, you still do technical analysis. Instead of using conventional indicators, you use charts, volume, price movement, and other raw market information to determine whether or not a trade should be pursued. You can say that price action is a minimalist approach conventional tools are not part of technical analysis.