Getting to demand zones are also important to make good trades. If you arrive to the demand with large red candles showing panic and fear, you are going to have a bigger move up on the charts. The large red candles signal that traders who wanted to sell has now exited the stock or Forex trade. When buyers step in they must raise their bids quickly to attract a seller who may still be around. If the arrival to the demand zone is quiet, there are still many traders holding the stock who are looking to sell at a smaller loss when the bounce takes place. This added supply will stop the bounce of price from the demand level or support.
The Forexmentor Live! interactive training in trading Forex includes unlimited access to the live trading classroom, detailed tutorial videos used in trading client accounts, a step-by-step guide to the LPT Method, technical analysis, detailed presentations throughout the day, live Trade Alerts, access to Professional Fund Managers, access to live news feeds in real time and so much more.
Forex and stock traders are looking for the consistently wrong investor, trader and take the opposite position. This will obviously lead to winning trades for them. All traders have read trading books that point out that increasing volume is good for the continuation of the trend. Many new stock traders will try and fight the trend.
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