|Chart Patterns or Supply and Demand?|
|Written by L.A. Little|
|Thursday, 27 September 2012 18:50|
The following video was shot in late August at the Money show with Kate Stalter doing the interview. The focus was on supply and demand and why neoclassical TA is focused on supply and deman and how. EBAY and KORS where used to illustrate the points.
It's hard to say it too much but at the end of the interview I challenge traders took take a look at their recent losers and see if there was supply just above or demand just below that caused their trade to not do what they expected. Supply and demand drive markets. You need to be able to find it and use it in your trading.
Here's a link to the MoneyShow interview that took place on August 26, 2012.