The emergence of GEPov

Morning GEPy sometimes negated Traders mad, because they throw the position for an unknown territory. These shocking moments also entail an immediate reassessment of the graphic pictures, leading to a revision of the risk-reward equation. However, additional work is worth it, because GEPy could predict a major change in the subsequent price action.

GEPy show changes in attitudes through the crowds of individual price bars. They can emerge anywhere in the model, or trend, but they tend to occur in more conventional scenarios. Each type GEPa shows the individual characteristics associated with the duration of a response during the recovery and the impact on price movement.

GEPy pass through all time periods and trends, but they represent different manifestations in each. For example, a breakthrough in a temporary format may indicate the time of exhaustion in the other.

The importance of GEPa is directly related to its location, range and volume. For this reason, the GEO with a large volume at the end of the trend often signals the end of the movement.

GEO may occur in the direction of the main trend or against it. When he moves against the current momentum, it is the only event on the schedule, which may signal a change of trend model without the top or base. At the end of GEPa may be narrow band or wide band bar. Long bars are predicting continued robust towards GEPa. Short bars provide lateral force or rollback of the fracture.

Take time to discern GEPy in the direction of the trend and those who move against him. Counter-trend GEPy represent important moments, when they occur near the critical maxima or minima. For example, the price breaks in the wrong direction after a strong rally may cause considerable fear and lead to much lower prices.

GEPy passing through the main levels of support and resistance signals a breakthrough. Emotions can be so strong at these levels that exceed GEO sense and creates a strong turnaround. Strong greed or fear can cause multiple GEPy because the trend is growing momentum. GEPy that arise within the lateral models showed less duration, and can fill a small volume.

Formation GEPa compared with the Elliott wave theory. Splinter GEO corresponds to a breakthrough, which occurs during the dynamic momentum of the first wave. Growing emotions cause GEO continuing rally in the center of the third wave. The sequence ends with the trend of depletion GEPom fifth wave.

GEO to continue to mention half of the trend. Traders familiar with waves can be used for the design of potential targets of turn. Visualizes GEPy as soon as possible after the start of the fourth wave. Then spend a continuation from the end of the first wave GEPa before continuing. Then duplicate this distance and wait when the price move in the target level. Come into the position in the opposite direction, when the price starts moving from turning models in less time format.

Strong GEPy may deplete further movement in this direction for a lengthy period of time. The reason is simple: a large movement of forcing all players to stay away from a neutral market, while the winners take their profits and the losers accept losing. This condition causes excessive expansion, which increases the spread of the previous bar.

GEPy captivates traders at the opening, but require good execution skills. Cash is looking for an opportunity at the beginning of the day, while insiders "paint the tape" to encourage compliance. This stimulates the imbalance between supply and demand, with much ill-orders above or below the market, depending on the direction GEPa. The resulting fluctuations could pave the way to turn immediately to a new session.

There is no unique formula that shows traders how far GEO can take and still remain healthy. But it is necessary to apply common sense in monitoring market activities above or below the last closing price. The most important question to be answered by traders is justified whether the news and the market price environment, which they see?

The participation of the crowd feeds or limit the power and duration of the situation GEPa. Some GEPy confirmed only if accompanied by strong volume of them. For example, a splinter GEO without high volume suggests that it will eventually turn into a false break.

Interaction between the crowd and GEPom rather complex. For example, the GEO with a high volume of traffic can finish in that direction, because he spent the last demand for the trend. But another less-GEO is just sufficient to ensure that supported the movement in this direction.

The wisdom of the old traders tell us that GEPy filled. This is a classic expression of good works, describing the mechanics of recovery, found in most trends. However, some GEPy never filled. This suggests to use common sense when dealing with these specific models. Examine the individual characteristics of each GEPa and then use a strategy that is best suited to their behavior.