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Trade Point Technologies

  #6 (permalink)

Paris, France
Trading Experience: Advanced
Platform: Market Delta & Ninjatrader
Favorite Futures: ES
cunparis's Avatar
Posts: 2,565 since Jun 2009
Thanks: 1,162 given, 2,070 received

In one sentence he said this:

The markets turn for only one reason - a change in the balance/imbalance in the order flow.

While earlier today I wrote this:

3 - Price moves along and then it will turn. Why? Usually cause it a change in supply & demand. If price runs into supply, it'll turn down. If price meets demand, it'll rise. Think of an item on sale at a store. Its price will move up and down just like a futures contract. When there is no demand and a lot of supply a retailer will mark the price down. Demand comes in and supply dries up so price goes up.

I like this guy.

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