$TRUTH ｜Breaking through the 0.017 level
Before looking at positions, first understand the key price levels.
The more often a price level is tested, the more significant it tends to become in the eyes of market participants. But some believe repeated tests can also deplete the orders resting there.
Volatility often increases around key levels. Leveraged positions need more room here, as stop-losses placed too close to round numbers can easily get swept.
Understanding indicators is easy; the hard part is sticking to your rules when the market is at its most extreme.
Before looking at positions, first understand the key price levels.
The more often a price level is tested, the more significant it tends to become in the eyes of market participants. But some believe repeated tests can also deplete the orders resting there.
Volatility often increases around key levels. Leveraged positions need more room here, as stop-losses placed too close to round numbers can easily get swept.
Understanding indicators is easy; the hard part is sticking to your rules when the market is at its most extreme.