Price Action Strategies. In simple terms and from a traderâs perspective, price action refers to any change in prices, that is viewed on any type of price chart and on any time frame. The idea of price action trading concerns the analysis of basic price movement as a method for financial investment. 1. Overview of Price Action.
Experimenter Effects. To overcome this extraneous variable, a double-blind procedure may be used. A double blind procedure is where neither the participants nor the researcher conducting the experiment, knows which participants are in experimental or control group.
Experimental Design. The purpose of an experiment is to investigate the relationship between two variables to test a hypothesis. By using the scientific method , a psychologist can plan and design an experiment that will answer the research question. The basic steps of experimental design are: