3 ms·
The correction will happen immediately following the moment the tape prints it. It always has, it currently is, and will continue to do so in the future. The p
by module0000 9y ago
The correction will happen immediately following the moment the tape prints it. It always has, it currently is, and will continue to do so in the future.
The problem is people aren't watching the tape. It's thought of "too hard"(by those who fail), which is another way of saying their net ability is inadequate for a career in trading.
The market has always told us what it is going to do, seconds before it happens. You have to be willing to watch those seconds though, and capable of interpreting the tape during them... 1 day candles? too late. 30m candles? too late. 1m candles? maybe, but overall too late. The timeframe you are looking for is "real time", which is present in time and sales(and nowhere else). Anything else is inadequate for consistent profitability, but there is no shortage of people failing to be the exception.