Tomorrow I hope I will have some time to give you fact no2 which will help you in your trading journey If you attach it to fact no 1 you will understand where every candle is heading and why. Wish everyone profitable trading

How to read the market

Can you see the big green candle 19/03 @04:00 the close price was 1.5030 Also the next candle where the open price was 1.5030 Once you see open = Close it means it's a zone level (support &resistance level at the same time ) Also the candle after it ...

How to read the market

Let's go back to the chart on the 4hours frame Tell me what can you see ?

How to read the market

Sure As you know the day finished with low of 1.5030 and high of 1.5170 So the daily range was around 140 points plus minus. Danger-Mouse asked very serious question which h everyone should ask . What's so special about the 1.3000 level that we ...

How to read the market

Also pay attention High and low levels on the daily weekly monthly yearly are like the high voltage cables. If anyone touches them by mistake he will be throw 100 meters or more. The same applies here ONCE THE LOW OF THE DAY HAS BEEN HIT IMMEDIATELY ...

How to read the market

Let's have today's usdjpy under the microscope just pay attention the chart no need for any indicator or anything Can you seethe pair started as follows Coming down hitting the low of the day of 1.5026 breaking the level of 1.5030 Going up to the ...

How to read the market

This fact is very important because it's showing us how everything works even the algorithm of trading. so any pair or share or...... Will start the day Either it will come down till it hits the low of the day then it will start rising till it hits ...

How to read the market

The high and low should not be touched they must break that level ie suppose we reached the level of 1.2000 so the high of the day must break it not touch it So the high might be 1.2003 or 1.20025 it must break the level of 1.2000 The same applies ...

How to read the market

Fact no:1 Apart from crypto with 24/7 trading. Every day every forex pair crypto coin index stock bond share MUST HIT 2 levels known as the HIGH and LOW of the day. So we can see this MUST happen on daily basis . So daily trading is about figuring ...

How to read the market

Before I continue I need everyone of you to think about trading facts . These facts if you apply them to your trading you will start printing money Hope to continue with you tomorrow I will use the 3 magical words for fact number 1 ( high low must ) ...

How to read the market

As we grow we begin to understand some facts that must must must happen every single day. Pay attention to the word must. These facts we can not change them or bypass them ie every day we must have sunrise and sunset. IN TRADING THERE ARE SOME FACTS ...

How to read the market

I need everyone to pay attention to these 2 magical keywords high & low as they are the backbone of trading. I like some comments before I go deep into the trading oceon.

How to read the market

We can say trading Is buying and selling which everyone agrees. But do you think it's the correct answer. In my opinion it's half right half wrong. The most professional answer would be buying low selling high Anyone agrees with me ?

How to read the market

Hi everyone . In trading everything is the same forex crypto indexes stocks or commodities because all of them have these 2 candles bullish and bearish. Let's start again by identifying the most important thing which is trading. What is trading? I ...

How to read the market

Hi everyone I need a very simple indicator which can display the formation of a 3 candles upper or lower reversal on the 4hours time frame for forex or crypto. The Reversal pattern must be in order low , lower low , higherlow . And high, higher ...

I will code your EAs and Indicators for no charge

Ok first we agreed on the monthly chart that we hit the high and low of the year. image What can you see from the chart ?

How to read the market

image what can you see on the weekly time frame? can you see the 2 lines that's where the coin will be trading After we finish with the weekly time frame we will head to the daily time frame. I like to see some comments.

How to read the market

Did anyone knew that we hit the high and low of the year with one candle This is step no 1 to see where we are whether we hit the high and low of the year,after that we will check the weekly time frame.

How to read the market

Remember up is down and down is up so before coming down we need to hit some level higher than Friday close before heading down.

Cable Update (GBPUSD)