Every trader knows, that it's better to trade with the trend. But the market is changing every second and the trend often looks different in different time frames. And exactly in the dynamics you can find the beauty of the trading.
Actually, there are so many instruments to measure the market's moods, that sometimes I start to doubt which drives whom - the instruments show the market movements, or the market is leaded by the instruments?
Otherwise, how would you explain me the existence of the concept of Support and Resistance?
By the way, if there weren't the things like Support and Resistance, the market would look like this:
Read me soon for Part 3 :)
No comments:
Post a Comment