Hi friends
All the indicators are mostly made for buy & hold type of trading.
The normal Technical analysis indicators you know really dont work good
for intraday trading or short term trading.
Volume profile and market profile are specifically made for new generation short term trading.
Price movement is a function of active PARTICIPANTS OF MARKET-BUYERS AND SELLERS.
YOUR TRADE SUCCESS DEPENDS ON WHAT THE ACTIVE PARTICIPANTS DO(AFTER YOU ENTERED A TRADE) IN THE MARKET.
REPEAT
The success or failure of your executed trade depends very much on what the active participants of the market-the buyers & sellers do after you entered the trade.
Market auction is is there to facilitate buying and selling.
price moves from fair price(with high volumes) to unfair price(with low volume areaS).
You can use volume at price multi in Amibroker
Where most traders go wrong?
Every trader listens to some source and then takes decision.(tips,one indicator,forums,tweets)
They rarely listen to market,the correct source.
All the indicators are mostly made for buy & hold type of trading.
The normal Technical analysis indicators you know really dont work good
for intraday trading or short term trading.
Volume profile and market profile are specifically made for new generation short term trading.
Price movement is a function of active PARTICIPANTS OF MARKET-BUYERS AND SELLERS.
YOUR TRADE SUCCESS DEPENDS ON WHAT THE ACTIVE PARTICIPANTS DO(AFTER YOU ENTERED A TRADE) IN THE MARKET.
REPEAT
The success or failure of your executed trade depends very much on what the active participants of the market-the buyers & sellers do after you entered the trade.
Market auction is is there to facilitate buying and selling.
price moves from fair price(with high volumes) to unfair price(with low volume areaS).
You can use volume at price multi in Amibroker
Where most traders go wrong?
Every trader listens to some source and then takes decision.(tips,one indicator,forums,tweets)
They rarely listen to market,the correct source.
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