Why don't we see strong movements even when technical price patterns are there, even when news like yesterday May's would normally shock markets, French elections with possible Frexit ahead, and still VIX near all time low? What do we need? SP500 to crash, EU disintegration, WW3 getting started to bring volatility back to the markets? Are ECB, FED, BOE and BOJ killing it with their Asset purchase programmes? Nearly all hedge funds have fled from forex market since 2012, because of low volatility. Strange times...
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"Men Who Can Both Be Right & Sit Tight Are Uncommon" ~ Jesse Livermore
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Price and volume reveals everything. The market moves on supply and demand.
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Simplicity is the ultimate sophistication - Leonardo da Vinci
- Joined Sep 2015 | Status: Tape Reader | 154 Posts
Price and volume reveals everything. The market moves on supply and demand.