i just came to know of price action when I attended a short FREE talk by Dr Foo (he wrote a book - Trading Naked).

then i heard that Robin Ho (one of the top top remisiers in SG) also uses price action.

then last saturday, attended another talk, i heard one remisier from UOB gave a talk and he was referring to the chart (plain chart) with only SMA and shared his views on few counters.

my  conclusion
if the strategy works for them (they are full-time / part-time traders) and earning a living by the method then we ought to try and understand it, if it works for us, jolly good lor..

i am just sharing their experiences and if u made some money, good for u too and do remember to donation a small portion of yr profits to any charity of yr choice (if u remember others, God will surely remember u too - kindness will get kindness). 

trade wisely and accordingly to yr risk appetite hor...   trading is an art or rather, strategies like a game of chess.  

disclaimer applies - i shall not be held responsible for any profits / losses incurred by my postings...   =)