Why the stock market suddenly reversed to the upside for NASDAQ:MSFT by MarthaStokesCMT-TechniTrader
Were you surprised when the major indexes suddenly stopped running down and gapped and ran up to new highs? You can anticipate that shift when you know the candlestick and indicator patterns that indicate a shift in the balance of power. WHY? because all of the Dark Pool Hybrid Indicators and candle patterns were signaling a reversal before the indexes reversed suddenly to the upside. The indicators and price patterns revealed the reversal early, as they typically do. Are you trying to …
Were you surprised when the major indexes suddenly stopped running down and gapped and ran up to new highs? You can anticipate that shift when you know the candlestick and indicator patterns that indicate a shift in the balance of power. WHY? because all of the Dark Pool Hybrid Indicators and candle patterns were signaling a reversal before the indexes reversed suddenly to the upside. The indicators and price patterns revealed the reversal early, as they typically do. Are you trying to predict the market? The Dark Pools do not predict anything. What they watch for is YOUR predictive behavior patterns. When they see retail reactions to sensationalized news, retail guru commentary that is opinion only, and social media chatter, the Dark Pools shift their automated order strategies. Dark Pools use TWAP, NOT VWAP, orders. Time Weighted Average Price is the order type they use all the time to automate their accumulation of stocks. They set a very tight, very small price range to fill their large-lot orders on the penny spread. Therefore, Dark Pools do not move price upward. However, their influence is evident in the charts, leaving a specific candlestick pattern which I show in this tutorial. Then, Professional Traders find the Dark Pool TWAP orders and "nudge" the price upward slightly, which triggers the automated HFT orders to drive price upward with gaps. Understanding the dynamics of Dark-Pool instigated price shifts will help you make better swing trades and also position trades with higher profit and lower risk. DisclaimerThe information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in theTerms of Use.