Thursday, March 17, 2016

Learn To Read Price Action Like A Book

If studied and practiced on thousands of charts using the Daily Time Frame. That is the time, you have learned to read Price Action like a book. Many trader may need to use other tools and draw other things, but you can immediately "see" Price Action at Support and Resistance JUST BY LOOKING AT THE CHART.
 
If you have trained yourself to immediately recognise Pin Bars, BUOB, BEOB, DLHC, DHLC and IBs AND what they mean in various positions relative to prices. You can used all these in your trade to make profit in your trading.
 
If you learn to read price action like a book, you can use this knowledge for decision making process (Monthly to Weekly to Daily).

If we be able to apply this knowledge on the Daily time frame (read Price Action like a book), we will be able to do trade analysis and take the trade in favour of market direction just by "reading" price action.

If you mastered your skill and be able toi read price action like a book, you CAN trade the shorter time frames and squeeze more profit out of the Daily bars.

Happy Trading

THANK YOU.

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