What Is Market Sentiment - Where Will The Market Trade Today?
What is the market sentiment? Where will the market trade today? The market is driven by sentiment. The collective opinion of all participating traders determines where the market goes and when it will go there. There is no better way to learn how to trade them to combine observation of market sentiment with what you already know in terms of your experience and the training tools that you utilize.
What is the market sentiment? The immediate price action will tell you - maybe. By watching price action, it is easy to see the direction the market is going but a critical factor is how prices are moving. Are they moving briskly or slowly? Are they hesitating or are prices continuing in one direction? The way prices move is just as important as in what direction they're moving.
Some traders don't take this into account.
An example would be the old story of the tortoise and the hare. They are both moving in the same direction, but there is a big difference in how they are doing it. Same thing is true of the market. These are all factors that must be weighed in determining to take a trade. Or to exit. Disclaimer: Futures trading involves substantial risk and is not appropriate for everyone.
Видео What Is Market Sentiment - Where Will The Market Trade Today? канала Timeless Dollar Trading Academy
What is the market sentiment? The immediate price action will tell you - maybe. By watching price action, it is easy to see the direction the market is going but a critical factor is how prices are moving. Are they moving briskly or slowly? Are they hesitating or are prices continuing in one direction? The way prices move is just as important as in what direction they're moving.
Some traders don't take this into account.
An example would be the old story of the tortoise and the hare. They are both moving in the same direction, but there is a big difference in how they are doing it. Same thing is true of the market. These are all factors that must be weighed in determining to take a trade. Or to exit. Disclaimer: Futures trading involves substantial risk and is not appropriate for everyone.
Видео What Is Market Sentiment - Where Will The Market Trade Today? канала Timeless Dollar Trading Academy
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22 августа 2022 г. 18:51:59
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