Day: March 8, 2018

 

The natural bias of price direction

This is about looking at candles or price and the mind noticing that price is going in a particular direction. So a trader comes to think naturally that ‘it’s going south’ or ‘it’s going north’. Taking a position on this sort of observation often turns out to be wrong. All that matters is where the visible trend is going. Why? Because price may move south in a trend heading north. The bias created by observationRead More