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Price Is A Discounted Mechanism.

 
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peternartey

Price Is A Discounted Mechanism.

Fellow Apiarians and traders. From my experience, I notice that majority of us traders relies heavily on influences on the outside, relying heavily on news and media and indicators to guides us in our daily trades.

Here is my understanding, patterns and price equals price action. And price is always ahead of the news, the media and indicators, because price is a discounted mechanism. Therefore; before the news hits the public, price or the market has already reacted.

Caution: Don't get caught up in the lateness. Stay ahead of the news.

Sat, 02/16/2019 - 3:31pm