SP500.
So the idea is this. An untested demand level is like a magnet to price. This index is fairly bullish and there are times where price just shoots up bypassing a untested demand.
So my strategy for this is I have a order placed by demand at 4475 and I'll keep my order open till/if this demand is infact a magnet. In which case I will buy around that zone and not be to fussy with the spectacular results
Just a heads up, this is a patient game with this one.
So the idea is this. An untested demand level is like a magnet to price. This index is fairly bullish and there are times where price just shoots up bypassing a untested demand.
So my strategy for this is I have a order placed by demand at 4475 and I'll keep my order open till/if this demand is infact a magnet. In which case I will buy around that zone and not be to fussy with the spectacular results
Just a heads up, this is a patient game with this one.
Indicators only Indicate, Price action dictates.
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