Article It’s on the Chart Right in Front of You, Open Your Eyes

Plebtrader

Newbie
3 0
One dumb question

Hi there, I am new to trading, you dont have to reply me if my question is too stupid.
Is there any chance that the chart has been manipulated? People in those huge banks and hedge funds (they are those who able to consistently beating the market), are they trading by just look at the supply and demand curve as well? I know that some people in hedge funds they even laugh at S&D theory (my heart broke when I talk to them). They only use fundamental and technical analysis to create a trading algo. Hence, is it possible that we can make profit with simple steps? If yes, would mind tell me how can we outperform those people or at the same level as them.
 

Lúidín

Established member
818 61
the most important thing is to identify the trend

if its trending upwards you can buy low or you can buy high or you can buy when the sun goes up and sell with profit

if the uptrend is stalling and starting to go sideways, its of course better to buy low and sell high

as long as you dont do it in a downtrend..
So how do you identify the trend?
 

foroom lluzers

Veteren member
3,611 135
the most important thing is to identify the trend

if its trending upwards you can buy low or you can buy high or you can buy when the sun goes up and sell with profit

if the uptrend is stalling and starting to go sideways, its of course better to buy low and sell high

as long as you dont do it in a downtrend..
you know what is going to happen next .great .you will make a killing in trading.
 

Lúidín

Established member
818 61
Hi there, I am new to trading, you dont have to reply me if my question is too stupid.
Is there any chance that the chart has been manipulated? People in those huge banks and hedge funds (they are those who able to consistently beating the market), are they trading by just look at the supply and demand curve as well? I know that some people in hedge funds they even laugh at S&D theory (my heart broke when I talk to them). They only use fundamental and technical analysis to create a trading algo. Hence, is it possible that we can make profit with simple steps? If yes, would mind tell me how can we outperform those people or at the same level as them.
i am not the author..but as you got no reply I will give my opinion..it all depends on what market you are trading..and who else is trading it..it is easier to see manipulation in some markets compared to others

while i do agree with a lot of what the author wrote..it is not that simple..as again..depending on what you trade..and when you trade it..there can be a big difference in how the price behaves..which can be a lot to do with your manipulation question

the author is correct when he says to keep it simple..and the simpler the better..providing of course you fully understand your instrument..it's characteristics..it's key times..and what ever other information is relative..successful trading requires much more than using a box..but a box can be a great starting point to get you focused..as without focus you will not see anything
 

Lands_end

Junior member
24 1
Good article outlining that prices moves quickly away from a zone where supply and demand are out of balance. Once you have identified a few of these zones then it is down to your trade plan rules how you enter and exit the market.
 

AdBlock Detected

We get it, advertisements are annoying!

But it's thanks to our sponsors that access to Trade2Win remains free for all. By viewing our ads you help us pay our bills, so please support the site and disable your AdBlocker.

I've Disabled AdBlock