Dislikedmy point begin, next time you hear someone asshole tell you its random, show them this picture and get them to explain that PERFECT SYMMETRY - the candles also have almost exact pip size constructionIgnored
most of us participating here are positive about your point.
I asked because I was just in order-flow reading mode and the following mental game developed in my mind: I imagined an operator at the other side of the market having 20 mil. EUR to sell -- where he would do that? We know he would wait at some horizontal price level above, waiting for price to arrive because there he could sell at higher price. Average speculators can now drive price there because no substantial stack of sell orders is against them until then.
Now when price arrives, it halts because to every buy there is sufficient amount of liquidity to take the other side.
And we can imagine yet another operator having to buy lets say 50 mil. EUR. If he sees this he can now wait at proper horizontal level below, because he knows there he can buy cheaper and price should arrive there without any significant obstacles...
This basic concept provided me with explanation I could see in my minds eye why price moves erratically at some points and at another it acquires large momentum.
