This is a short HOW-TO on using the Trade-o-Scope "Multi-Asset Price Tracker" indicator
An important element of studying price action is often ignored, even though it is perhaps the most important one - at least for swing traders. WHO IS IN CONTROL OF THE MARKET AT THIS TIME? After all we all want to trade in the direction where the strength lies. In this example of USDJPY, note how large the recent bullish candles are. This shows momentum lies with...
Hello everybody! Today I want to discuss with you a serious question - What factors are pushing the price? As you know, there is fundamental and technical analysis. Each trader himself gives preference to what to use in the analysis. And we will try to understand what pushes the price. NEWS The first thing that comes to mind is NEWS . News affects OUR...
The Laws of Supply and Demand Affects the Price Movement 1. When supply exceeds demand, the price is more likely to fall. 2. As the price is falling, supply will increase, and demand will decrease. As a result, the price will fall faster. 3. At valleys, demand is greater than supply; therefore, the price is more likely to increase. 4. At peaks, supply...
Video Idea - To show that will Volume and Stochastic price movement and candlestick development can be predicted. (Also hours of practice) Objective Attempted - Predict candlestick development and where price will move for 10 Min Objective Observations - Blind, meaning without candles and stochastic difficult, but with those indicators it was easy. Objective...