[learner]

thanks for write ups.

what are the clues to find what market are we trading? like responsive or initiative?


regards

[TheNegotiator]

Originally Posted by learner »

thanks for write ups.

what are the clues to find what market are we trading? like responsive or initiative?


regards

Anything can be a clue. Do you mean in terms of whether we are trending or bracketing? I think if you are talking about this, it's quite clear from a simply looking at a longer term chart. However, what is extremely important is change. To know that the market has moved from trending to bracket or vice versa early on, can save and make you a lot of money. Something to look out for here is how agressive is the market and how is it reacting to previous levels. If what you are seeing is unexpected, change may be taking place.

[learner]

Originally Posted by TheNegotiator »

Anything can be a clue. Do you mean in terms of whether we are trending or bracketing? I think if you are talking about this, it's quite clear from a simply looking at a longer term chart. However, what is extremely important is change. To know that the market has moved from trending to bracket or vice versa early on, can save and make you a lot of money. Something to look out for here is how agressive is the market and how is it reacting to previous levels. If what you are seeing is unexpected, change may be taking place.

responsive is where we need to fade the extremes & initiative is where we need buy highs & sell lows. my question here how come we can conclude market is responsive so we need to fade the extreme or market is in initiative to trade breakouts? when market turn into responsive to initiative & vice versa?

regards