As a matter of record, Megatrade101 have decided to compile certain market trend analysis leading to the current market conditions. Knowing the effectiveness of the analysis while staying the course has led to some remarkable trades that we would like to share.
Although, there is no such guarantee that future results would be the same; the appropriate approach to market analysis based beyond charting systems and platforms are relatively effective knowing that prices would simply walk through current market conditions.
This is also in reference to one of George Soros trading philosophy, that at certain times the market place will find its way to adjust towards market equilibrium. And volatility could be tamed while price trends are defined.
A certain process of deduction and trading methodology do apply with a certain degree of due diligence. However, the end result justifies the means in this classic case of a reinforced trend! On the contrary, whenever positions are on the opposite side of the market, an equal risk of loss can occur. A cautious approach and serious consideration to apply this strategy should always be taken before any trade execution.
Related articles listed below have actually paved the way to how the market conditions are reflected in today's price levels.
MEGATRADE101.com - The Business of Making the Right Trading Decisions Beyond Charting & Price Action Analysis
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