What is tradeCompass at investingLive.com: Trading methodolgy explained and how traders can utilize it
tradeCompass methodology explained: How traders can use the investingLive market map
Successful trading does not require predicting every market movement. It requires a clear plan for what to do if buyers take control, what to do if sellers take control, and how to manage the trade after entry.
That is the purpose of tradeCompass, a proprietary analytical methodology at investingLive.com, created by Itai Levitan, Head of Strategy at investingLive.
The research behind each tradeCompass may involve volume-weighted prices, volume profiles, previous trading sessions, accepted value, important support and resistance areas, liquidity behavior, multiple timeframes and other market-structure factors. However, the public-facing map is intentionally…