Post by zzamand56 on Mar 10, 2024 8:01:10 GMT
Everything, subject to logic, can fit into a pattern and the pattern can be developed into a system. , stop trading until you find it. The next principle on which SK-FX is based is the market viewing system. Which means that the market is run by large participants, and furthermore, their activities can be logically explained. The market is uncertain only for those who do not pay attention to what the big guys do and do not understand their reasons. The SK-FX suggests that the market is a self-regulating system with only one exchange variable – supply/demand.
The impacts of the big players change this variable, which changes the market, and as a result there are signals about the imbalance of the market, which finally allows the movement to return to its equilibrium Belize Mobile Number List level. The market always tends to its equilibrium level – balance of supply and demand. Another important idea on which the SK-FX strategy is based is that there is only one price chart in the market, the monthly one. All others only indicate the latest state of a time frame. One more key principle of SK-FX is the self-inclusion of fractal patterns (wave formations).
This leads us to a conclusion that during actual trend reversal, on all lower time frames, there should also be no reversal pattern emerging. Since the market always tends to balance supply and demand. This implies that the true support or resistance level is the balance level between supply and demand, once the price levels have been reached. As SK-FX tries to provide accurate and clear signals, this strategy does not apply to wave analysis. Not even SK-FX suggests the concept of support/resistance levels in its classical sense. The success of the SK-FX strategy is provided by the use of a multiple time frame, that is, the same instrument is analyzed simultaneously on 8-9 time frames, from monthly to 1 minute.
The impacts of the big players change this variable, which changes the market, and as a result there are signals about the imbalance of the market, which finally allows the movement to return to its equilibrium Belize Mobile Number List level. The market always tends to its equilibrium level – balance of supply and demand. Another important idea on which the SK-FX strategy is based is that there is only one price chart in the market, the monthly one. All others only indicate the latest state of a time frame. One more key principle of SK-FX is the self-inclusion of fractal patterns (wave formations).
This leads us to a conclusion that during actual trend reversal, on all lower time frames, there should also be no reversal pattern emerging. Since the market always tends to balance supply and demand. This implies that the true support or resistance level is the balance level between supply and demand, once the price levels have been reached. As SK-FX tries to provide accurate and clear signals, this strategy does not apply to wave analysis. Not even SK-FX suggests the concept of support/resistance levels in its classical sense. The success of the SK-FX strategy is provided by the use of a multiple time frame, that is, the same instrument is analyzed simultaneously on 8-9 time frames, from monthly to 1 minute.
