when i watch youtube these guys seem to know when the red bars are caused by short sellers or normal sellers or orders being canceled.
how do they know? all i see them looking at is chart when they livestream and they like here red bar shorts are trying to scare the bulls by creating this red bar . here are shorts covering etc when green bar pops up.
i watched the videos over and over and still cant figure out how they can tell.
is it the location on the chart that tells them shorts vs regular sellers/buyers or something else?
im trying to understand the "stuck traders" concept and being able to tell who is moving the chart seems to be a part of it as far as i can tell.
the only time so far that i can tell cancelled orders or orders in general moving the market is when market opens and closes i see the chart move with no volume.
and somewhat understand when traders are stuck on teh right side of the pump and dump and that they will slowly exit at every green bar afterwards
how do they know? all i see them looking at is chart when they livestream and they like here red bar shorts are trying to scare the bulls by creating this red bar . here are shorts covering etc when green bar pops up.
i watched the videos over and over and still cant figure out how they can tell.
is it the location on the chart that tells them shorts vs regular sellers/buyers or something else?
im trying to understand the "stuck traders" concept and being able to tell who is moving the chart seems to be a part of it as far as i can tell.
the only time so far that i can tell cancelled orders or orders in general moving the market is when market opens and closes i see the chart move with no volume.
and somewhat understand when traders are stuck on teh right side of the pump and dump and that they will slowly exit at every green bar afterwards