Interpreting Balance of Power
Duration: 83.53
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This video is designed to introduce you to all of the elements of Balance of Power® (BOP) that affect the way price movement should be analyzed. You’ll learn how the BOP indicator signals accumulation and distribution by the big money in the market, and you’ll be introduced to the patterns that signal key changes in BOP’s character. Most importantly, through day-by-day historical replay, you’ll learn to make reliable BOP-based trade decisions for yourself.
What You'll Learn:
- How to incorporate Balance of Power into your charting routine
- What BOP is telling you and how to spot confirming and divergent behavior between BOP and Price
- How to identify ideal BOP patterns for both bullish and bearish trading opportunities
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