1) Where do market prices turn?
Demand (Not Support): Price turns higher at a price level where willing demand exceeds willing supply.
Supply (not Resistance): Price turns lower at a price level where willing supply exceeds willing demand.
2) Who is on the other side of you, a PROFESSIONAL TRADER or a NOVICE?
* 2 most important components to consistent profits are:
- Supply and Demand &
- Human Emotion
Human Emotion: The emotions of fear and greed are clearly seen on a price chart, if you know what you are looking for.
FYI:
The Concept:
- The origin of any move in price is where supply and demand are "out of balance". This is where we find low risk, high reward, high probability entry points into markets.
Demand (Not Support): Price turns higher at a price level where willing demand exceeds willing supply.
Supply (not Resistance): Price turns lower at a price level where willing supply exceeds willing demand.
2) Who is on the other side of you, a PROFESSIONAL TRADER or a NOVICE?
* 2 most important components to consistent profits are:
- Supply and Demand &
- Human Emotion
Human Emotion: The emotions of fear and greed are clearly seen on a price chart, if you know what you are looking for.
FYI:
The Concept:
- The origin of any move in price is where supply and demand are "out of balance". This is where we find low risk, high reward, high probability entry points into markets.