Price is everything. No indicators. Just quantifiable trading. Once this is known, market liquidity is the real problem, causing order imbalances. https://www.forexfactory.com/thread/post/14886926
I don't know if anybody cares if I say this here, but the title of this thread is 100% true: price is everything. As a short-term trader, you only care about the price at which the asset is selling and how many people are buying and selling. I wish this thread were more active so we could talk more about price action. To this day, price action remains my favorite way of analyzing any market.
I don't know if anybody cares if I say this here, but the title of this thread is 100% true: price is everything. As a short-term trader, you only care about the price at which the asset is selling and how many people are buying and selling. I wish this thread were more active so we could talk more about price action. To this day, price action remains my favorite way of analyzing any market.
Ignored
If many traders follow same idea this would make sense, because patterns in community attention to something creates patterns in price thus justifying price action analysis
{quote} If many traders follow same idea this would make sense, because patterns in community attention to something creates patterns in price thus justifying price action analysis
Ignored
I think this is wrong. Someone has to win and someone has to lose. The loss of one becomes the profit of the other.
