Still, as he had confessed, his temperament inclined him to retroactive investigation. But a person who cannot take this oath, retroactive though it be, must have been a traitor. This term is never used in civil law, but the term retroactive statute expresses the same idea.
What is 'Price Action'. Price action is the movement of a security's price. Price action is encompassed in technical and chart pattern analysis, which attempt to find order in the sometimes seemingly random movement of price. Swings (high and low), tests of resistance and consolidation are some examples of price action.
No two people will analyze every bit of price action the same way, and that is why a lot of traders find the concept of price action so elusive. Quite literally, price action is everything that a security's price does, and just like every other facet of analysis, it is purely subjective.