Recent content by dominover

I've never traded Forex but I want to start. I'm just curious about whether it is considered much harder than stock trading? Without the usual markers such as Volume to help judge sentiment I can imagine that knocks out VWAP and other indicators. I've looked at the RSI on some Forex charts...

I believe the concept you are referring to value areas. Value areas are levels for Rangers in the market where buyers and sellers have come to a temporary agreement in the price. From there you get ranging. They can often just be identified using a volume profile indicator, market profile...

You may well be right. Not questioning you. Have you used this approach?

Thanks for the responses. I'm not sure I understood the first answer though. Those don't look like order blocks to me. I think that's what the second post was referring to. Does anybody find that using order blocks are an effective way of trading?

If Smart money concepts and order blocks are something you are familiar with, can anybody tell me whether or not this is useful in stock trading? Does anybody use it in stock trading? The reason I ask is that all the examples I see are for FX. If you do use those for stock trading which time...

I would like to add to this question. Does anyone know why Central Pivot Ranges seem to provide areas of support and resistance which is often honored? I'm trying to gain an intuitive understanding of why this is the case? Thanks

Would anyone know if Central Pivot Range and Pivot Points indicator are the same thing?

Of course, I totally agree, and that's the sole basis for my question.

Yes when I ask a question about cryptos amongst the crypto forums I'm often it with the, "well you have to do the correct analysis" arguement. Then proceed to ask them what that is and nobody answers. I do admit though that on the less popular cryptocurrencies they are highly manipulated, and...

Thank you!

I agree, good point. These are the kind of answers and confirmations I am looking for. They help build perspective.

Great answer, thanks!