I have a question about example in the picture.
http://postimg.org/image/qzxbgydn5/
I opened a long position on 21.11.2013. 22:30. Most of the indicators showed that there will be rise in prices, RSI was above 50, STOCH was rising, ADX also crossed in above 20 level. I opened a short position for 2 lots.
Is it possible that I affected trend by opening a large long position that caused immediate fall in prices? Or I maybe misunderstood some of the signals?
Thanks!
http://postimg.org/image/qzxbgydn5/
I opened a long position on 21.11.2013. 22:30. Most of the indicators showed that there will be rise in prices, RSI was above 50, STOCH was rising, ADX also crossed in above 20 level. I opened a short position for 2 lots.
Is it possible that I affected trend by opening a large long position that caused immediate fall in prices? Or I maybe misunderstood some of the signals?
Thanks!