No 1 thing we need to look at is TREND Nothing else forget everything I'm telling you The trend is very important why Because if the trend is up and you are selling then you will lose money The same applies if the trend is down and you're buying I ...

How to read the market

Thegees thanks for your question. Your answer is about something very important So let's start what is no 1 thing you need to check for your winning trade I want to make money what shall I look for what should I put in front of me then decide to buy ...

How to read the market

Every candle has Open price Close price High price Low price Olhc or ohlc I didn't invent them These 4 price are the backbone of trading All you need to understand is the difference between Bullish candle olhc And Bearish candle ohlc That's it.

How to read the market

trend no trend. highs lows no highs lows. look everyone its playschool time again. chart no chart. This chart is for you

How to read the market

Lets see GBPJPY Very volatile pair.

How to read the market

I think you shouldn't call them Highs and Lows; it's causing more confusion. As I understand it, it's more like an upper and a lower level. Price has to reach / break both during a day. (there's a good change it reverses immediately) You know not me ...

How to read the market

This is bitcoin cash chart BCHUSD just to give you and idea about the H/L range Daily weekly monthly and yearly range

How to read the market

Let's refresh what we started FACT NO1 Apart from crypto with 24/7 trading EVERY DAY WEEK MONTH YEAR EVERY FOREX PAIR CRYPTO COIN STOCK COMMODITY INDEX MUST HIT 2 LEVELS KNOWN AS THE HIGH & LOW OF THE DAY WEEK...... Hit means breaking the level not ...

How to read the market

What do you think about these double bottoms Shall we attack them

How to read the market

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How to read the market

Hi everyone Have a look at today's chart Try to understand what's happening Pay attention to the 1.5145 level It's a zone level (support and resistance level at the same time)

How to read the market

Usdjpy high of the day already hit @ 1.51425 This is my analysis level maybe yous is different

How to read the market

The fractal indicator is very nice in terms of reversals You can use it on daily 4hours 1 hour even on 15 minutes timeframe. After the reversal is formed it will show you a red arrow for upper reversal or green arrow for lower reversal All the ...

How to read the market

Let's test the levels in terms of high and low I'm using institutional levels not the real levels So the high range for the week was 280 points ( 149.00 to 151.80 ) In real values it should be 295 points ( 148.90 to 1.5185 ) So you can see once we ...

How to read the market

Hope everything is clear now We must come down for several reasons I'd love to see your comments questions anything Enjoy your Sunday

How to read the market

Gbpusd can you see we hit 1.2580 on the 04 of this month Also on 20/02 which is last month we hit the same level again Now we have double bottoms at the same level Friday 22/03 the candle hit the same level clearing all buy stops creating a new low ...

How to read the market

The idea of this thread is to help everyone understand the market cycle I can tell you where we are heading for tomorrow or next week or month Because it's in front of your eyes but you can't see it Let's use the opposite pair method gbpusd

How to read the market

You know reversal High lower high lower high Or Low surrounded by 2 lower lows Anyone ?

How to read the market

Do you think dxy completed the reversal pattern On the weekly chart or not If yes we must come down What do you think?

How to read the market

In that case Let's use someone who can help us And it's dxy or the dollar index If dxy is set to go up then usdjpy will go up And vice versa

How to read the market