The only advantage the big traders have is the ability to manipulate the market. Fundamental manipulation is accomplished using news, announcements, and special reports. Technical manipulation is accomplished by spending loads of money to create a chart pattern or market maker price adjustments. Technical manipulation can be an asset to a technical trader. They need markets to go up and down so they can buy and sell at the right times to create profit. The points where price has changed direction in the past is where we draw lines for future reference. The lines are called SUPPORT and RESISTANCE lines . These lines are the most important indicator.
Check out this very interesting MARKET PREDICTION
I believe he is correct, but for other reasons.
Check out this very interesting MARKET PREDICTION
I believe he is correct, but for other reasons.
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