It is important to try and know where market prices are going to turn in advance and also where prices are going to go with a very high degree of accuracy is knowing exactly what institution bank demand and supply looks like on a trading chart in any market stock, futures, or forex. Understand that supply and demand levels created long ago can serve to be very strong levels. The reason for the strong consistent success of these supply and demand levels is traders need to focused only on institution and bank demand and supply. In other words, the levels that you see on the grid below are levels where banks and institutions are buying and selling. Having this information as a day trader, swing trader, and longer term investor is key. The first order of business is to protect yourself using proper stop losses and don't get greedy. Effective self-discipline is about harnessing and managing your thoughts and emotions in order to remain focused on what matters most in the trade.
Price Zones
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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