Normal
testing 2 very simple tools on the SPI at present,fibs and the red & yellow indicator -- which calculates/estimates supply-demand levels in relation to a given pricethe yellow circle shows price intersecting a significant fib @ 3350, the question is, will it break or bounce at this price?the supply-demand indicator is clearly headed down, signalling demand is diminishing at this fib level = possible short trade****************all looks nice and uncomplicated.but . . . . more testing and translating into a real time trading plan . . .
testing 2 very simple tools on the SPI at present,
fibs and the red & yellow indicator -- which calculates/estimates supply-demand levels in relation to a given price
the yellow circle shows price intersecting a significant fib @ 3350, the question is, will it break or bounce at this price?
the supply-demand indicator is clearly headed down, signalling demand is diminishing at this fib level = possible short trade
****************
all looks nice and uncomplicated.
but . . . . more testing and translating into a real time trading plan . . .
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