Wednesday 27 May 2015

How to Identify the Swing high and Swing Low on MCX Crude Oil for better trade decision? Part 2


How to Identify the Swing high and Swing Low on MCX Crude Oil for better trade decision? Part 1



Identify the Swing high and Swing low

you can follow any one way for identifying the Swing high and Swing low.,

1. High and Low Price in a particular Time frame.The Minimum time you must take for the observation is one hour.

2. If the Current price action of the script is trending then take the low or high follows the trend high or low.

3. If u encounter congestion then take the high and low in greater time interval



Tuesday 26 May 2015

How to find out Order flow Analysis on MCX Commodity Market?

One of the most common misconceptions about the markets is that markets move up because there are more buyers than sellers and that markets move down because there are more sellers than buyers. Normally, I would say this is nonsense, for today, I’ll be nice and settle on saying it’s impossible. The markets are a mechanism for matching buyers and sellers, that is what they do, they bring buyers and sellers together. If you are a buyer and there is nobody selling, then you will not be buying anything. You can’t buy fruit if no-one is selling it and you sure can’t buy contracts if there’s no seller either.
If this is news to you, then of course you are wondering what makes price move. If every buyer has a seller, then why does price move at all? First, lets make sure we understand what the price is.