Is it possible that since MOST traders ( including institutional level traders) use technical to get in and out of a trade that basicaly the buying power of all of these traders will raise the market up, or selling will bring it down when the indicator bell rings?
I am not sure if fx works much the same way stocks work.
The more sellers bids are lifted making price go down, or more buyers make the price go up...not sure if fx is the same way...
If it is the same way, then do you think millions of technical traders will just add to the selling pressure or buy pressure lowering or raising the price when indicators make noizes?
pipology 101 student
I am not sure if fx works much the same way stocks work.
The more sellers bids are lifted making price go down, or more buyers make the price go up...not sure if fx is the same way...
If it is the same way, then do you think millions of technical traders will just add to the selling pressure or buy pressure lowering or raising the price when indicators make noizes?
pipology 101 student
Pipology 101 student