Showing posts with label shift in value. Show all posts
Showing posts with label shift in value. Show all posts

Sunday, September 07, 2014

Value shifts Supply accumulated and Trend continues

When Market go against the strong Money

First Of all I would like you to see my earlier Post

Updated chart of Aud/Cad

I mention last week about the chart aud/cad and its momentum after testing the low of 1.0120 and then It continues to shift the momentum higher, Price often reacts strongly when it goes against the strong buyers or strong money.

In this chart we have seen, Possible accumulation and then breakout and Imbalance which carries the momentum through out a day which was neutral day and after than we have seen only momentum candles and Price holding the higher prices. And Now if we again see the shift in Value and Momentum we have some strong protection area with strong background and that is what we should always be eye when market goes against the strong holders.

Monday, August 11, 2014

Are we Seeing Shift In Value ? Price Action Basics

Another opportunity As price Hold higher prices

Update Chart of usd/chf Prior to European Open

I was unable to update the blog for last few days,then opportuniites were quite rare. But I have come up with another chart where I have seen Another Possible
"Shift In Value", in usd/chf chart. If You watch the chart closely, then there are multiple signs of buying at low levels after recent shift in value marked by Blue Rectangle.

After that We have seen some netural days and some passive seller move the price down but every-time we see that shift to the downside, buyers step in and move the price with strong demand again to the upside, And the Values is again shifted to upside and watch if the top is taken out, but as long as high is not taken out, we can see another failure But as Price is moving ahead with strong force we see of another test of hot-spot area which as it has done twice, and possible go beyond that area this time.

Moment I saw that chart today, I was wandering If an opportunity waiting on the sidelines and Is it would be worth to watch that price line today with Asian session could be crucial one And "Zew-Economic- Data" From Europe about to release later today and any strong deviation could really lift the price of Euro and its counterparts.

It is really worth it to take a lot at different setups when you trade "Supply and demand" with the help of past few days trading activity.

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