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Wednesday, November 9, 2016

US Election Result

This what the previous  data during election was telling, although we dont know the direction but the big spike will happen. I have to document this for future purpose and a study of the characteristics of the market. As i have observe when there is a major movement of the market due to news like non farm payrol and this us election the market is giving you signs and so for the most reliable is the Bollinger bands, stoch and volume Normally when the market is to shift on a major direction what it does it will make you believe that the current path is the path  that is going but then again the exact way is the opposite way.

ON the pic below before election you could see that the market is going down but after wards it just went all the way up breaking major pivot lines.  but before that Bollinger bands just indicate that it is over sold so its time to buy.

This what make trading hard to profit for you have to keen and accurate for we do not really now what will happen. Lets learn from this picture and practice our skill to identify market charactarestics

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