The market ‘speaks’ its own language, that language is price action, and not only do you need to be fluent in the language of price action, you also must be able to apply what the price action is telling you in an objective and neutral manner. When you look at a zoomed out daily price chart or a weekly chart of any market, it’s not hard to quickly see the primary direction that market is headed. As we are reading a market’s price action and ‘listening’ to what it’s trying to tell us, one big obvious piece of data that we need to pay special attention to, is a price action signal.