Sunday, April 22, 2012

The Path Of Least Resistance



the path of least resistance can come in many ways .. but nevertheless
it tells us where the markets wants to go.. and its represented by
strong moves in one direction and weak corrections/pullbacks..

u will notice that the size of the trades are bigger aswell as the frequency
while the size/frequency of the trades in the correction are weak..
basically u will look out where price has an easy time to move to..
and a hard time to move to...

however u need to judge the quality of those moves.. remember lack of
supply or demand are not as vital as if we have equalish situations for
both sides. but one side .is fairly stronger! thats two different
situations..

0 comments:

Post a Comment

Share

Twitter Delicious Facebook Digg Stumbleupon Favorites