Ep 170 Levels are not a science.
Ep 170 Levels are not a science.
Simplify your chart reading stop using the term support or resistance, just think of them as merely a level.
Using terms like support or resistance gets confusing so make things easy for yourself. You have other things to think about on the chart.
At the end of the day on a chart all you should be looking for is a level to trade off. Forget Monthly Weekly or Daily levels they just confuse your charts. So keep thing simple.
This whole series of videos is designed to be like a giant training series like something you might get from Udemy with a major difference. I use a live chart and put a level on the chart that I expect the price to retrace too. Then one week later after the chart has been created, I do an autopsy on what happened during the week. It doesn’t matter how old the video is, you are training your eyes on what to look for on live charts.
All strategies work just not all the time. My system relies on market cyclicity on at least the H4 chart. Therefore, if there is nothing there, just sit and wait. The cyclicity will return.
This channel is here to show you the truth behind the chart movement. Forex charts are unpredictable and often surprise you, as you can see from my previous videos. Sometimes they follow your plan, sometimes they don’t. What I show you in the charts is not a strategy, but a way of analysing and understanding forex charts.
I would love to hear your feedback and questions on this episode. These videos are made on live forex charts so you can learn how to look at the right-hand side of the chart and wait for the price to reach your level. This channel is here to help you simplify your understanding of chart movement thereby allowing you to apply your strategy to find an entry. If you enjoy my content, please like, share, subscribe and tell your friends about this channel.
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