Price Movement is a Function of Supply & Demand
June 2nd, 2020
What market forces move price up & down? In this 1-minute video clip from his webinar Automation and the Secret to Great Setups, Steve Wheeler of NaviTrader discusses how price movement is a function of supply and demand.
“Trading futures is kind of a herd mentality. If the herd’s moving one way, you want to go in that direction.”
As Steve explains, when buying volume outweighs selling volume, markets will rise – and will conversely fall when selling is more aggressive.
If you enjoyed this clip, be sure to watch our other webinars How to Use Volume Profile and Buy & Sell Signals!
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