price move strength | Forex Factory

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price move strength

  • #1
  • First Post: Nov 27, 2022 12:42pm Nov 27, 2022 12:42pm
i am dealing with that question that how can i determine the chance of that if the price make a big correction or i can let price run toward the trend direction.
( i hope it is understandable what i woould like to ask)

so i tried many tools to help establish the strenght of the recent moving and i can calculate with the moving the direction or make a big pullback the price..
I used divergence, levels, indicator to help meg answer the question can i wait a pullback or price can contionu tiward trend direction.
i would be establish the for both scenario.

what kind of tools do u use which help you in this question?
  • #2
  • Nov 27, 2022 11:37pm Nov 27, 2022 11:37pm
i use market support and Resistance. it wirks with every indicator and moving avetages
  • #3
  • Nov 28, 2022 12:30am Nov 28, 2022 12:30am
Quoting Tylerz
i am dealing with that question that how can i determine the chance of that if the price make a big correction or i can let price run toward the trend direction. ( i hope it is understandable what i woould like to ask) so i tried many tools to help establish the strenght of the recent moving and i can calculate with the moving the direction or make a big pullback the price.. I used divergence, levels, indicator to help meg answer the question can i wait a pullback or price can contionu tiward trend direction. i would be establish the for both scenario....
Its a good question.
The problem is that if price moves strong in a direction, you dont know how many orders lie in wait and makes prive move the other way at a ceratin point.
Many "trend traders" make the misstake of thinking that the more price has moved in a certain direction, the more its likely to keep on in that direction.
That is false. Because if it was true price would start to move in a direction and continue until the world market crashes. And that only happens once in say 30-60 years.
So whats the solution?
M1 is the solution.
My signature is: "Classified".
  • #4
  • Nov 28, 2022 4:45am Nov 28, 2022 4:45am
Quoting yaed
{quote} Its a good question. The problem is that if price moves strong in a direction, you dont know how many orders lie in wait and makes prive move the other way at a ceratin point. Many "trend traders" make the misstake of thinking that the more price has moved in a certain direction, the more its likely to keep on in that direction. That is false. Because if it was true price would start to move in a direction and continue until the world market crashes. And that only happens once in say 30-60 years. So whats the solution? M1 is the solution....
why m1 is the solution?
  • #5
  • Last Post: Nov 28, 2022 10:22am Nov 28, 2022 10:22am
Quoting Tylerz
{quote} why m1 is the solution?
You dont want to be late.
My signature is: "Classified".
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