DislikedWhat I still don't understand is this: Why does price say at 1.300 get attracted to an area at say 2.400? It's more than 1.000 pips away and still it seems like price inevitabely has to get there. I mean doesn't price always move one pip after another to the next pip where buy orders cancel out sell orders or vice versa? And shouldn't a chart with so many players in it therefore look much more random? Yet it doesn't, those big turning points attract price like a magnet. In this light big players driving price to their own big order stacks sounds...Ignored
If the big boys buy, all others will buy as well since price went up. This indicates that price has to rise more. Trend developed into bullish bias = bullish bias = more buyers and so on.
imagine your chart as a big order book.
This might help.
anyway stick to Mikes post, since he's better in explaining things in english :-p
best,
Jonas
Hero calls followed by margin calls...