Supply and demand zones are essential concepts in trading, based on the idea that the prices of financial instruments are driven by the balance between sellers (supply) and buyers (demand). These zones mark price levels where significant buying or selling activity is expected, potentially influencing price movement in a big way. While it might seem […]
This is another article on the topic of VSA and cluster analysis. Earlier we have considered: Bag Holding and End of Rising market patterns; No Demand and No Supply patterns; Buying and selling climax patterns. In each previous article, we have grouped two patterns that are in many ways “mirror images” of each other. Shakeout […]
In the first article of the series, we introduced you to bar-by-bar analysis and also discussed how to use it in the bitcoin market. In this article, we will continue to study the topic using examples of other markets: Reading the futures market for the S&P-500 index using bar-by-bar analysis; Bar-by-bar analysis of the gold […]
Bar-by-bar analysis is a term that came from price action. A great contribution to the popularization of bar-by-bar analysis was made by Al Brooks, a private trader and author of several books describing the technique of reading charts by bars. Bar-by-bar analysis has important meaning. It aims at a deep understanding of the market situation […]
In the articles of technical analysts for the forex market, you can find conclusions about some test like: “On Friday, the price fell and tested the 200-hour moving average” What does it mean? Read in the article: What a test means in trading. Example 1. Tests in VSA. Example 2. Tests on Mondays. Example 3. […]
