Non lagging forex indicators - ForexbinaryoptionCz
forex

Non lagging forex indicators

05.12.2018

It is useful as it helps you determine when a market reversal is looming. The formation of a pin bar is actually a trend reversal featuring 3 bars. The term “Pin Bar” is an abbreviation of the term “Pinocchio Bar”. False breaks are an indication of what institutional traders are doing: hunting the stop loss levels of small retail taders to get them out of their positions and create a price “vacuum” to reverse the market’s trend.

This strategy is a basic scalping strategy that aims to make quick gains off of the day’s high or low. The rules for entry are very basic and easy to follow. Richard Demille Wyckoff’s method, which compares prices in relation to volume, was later expanded upon by Tom Williams. VSA is an analytical technique based on the trades of professional traders, it provides information on why and when traders are positioning themselves in the markets. Wave Principle”, having been inspired by Dow’s theory and Italien mathematician Fibonacci’s golden number.