happydc

So, during the week I got am email asking me for a strategy. I initially deleted the email but then thought about it again and what I found was this channel all along has been showing a strategy. I have never been able to find any information it so I had no idea what to call it. So, I decided on calling it the Matrix Strategy.

Ep 171 EURUSD chart and candle perspective. This is a live chart update on the EURUSD about keeping your chart and candles in perspective. In episode Ep 055 I did a video on this subject. This is a part of building your confidence when reading and understanding a Forex chart. 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.

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.

Ep 169 Autopsy and Confidence. I do an autopsy of what happened to the EURUSD that I presented last week during my presentation on confidence explaining what happened. 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.

Ep 168 Confidence. Today I am talking about your confidence in reading Forex charts. You must believe in yourself and your ability to read and understand a Forex chart. I actually show you on the EURUSD a chart breakdown and as to what I am looking for this week on the H4 chart. If the price comes back to the level and I get an entry signal to short away I go. But wait there’s more this also applies to those who trade lower time frames 1 house and lower to the 1 minute charts any short opportunities you see on this pair. 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.

Ep167 Xmas New Year and the JPY. This whole series of videos is designed to be like a giant training series like something you might get of Udemy with a major difference I use a live chart and put a level on the chart that I expect 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. It is important to keep in mind the higher time frames particularly the weekly chart. So, over the last few weeks some traders are asking why isn’t my strategy working? Simple answer the markets had changed. 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. I also talk about the JPY crosses and how the last 2 or 3 candles of the H4 chart are the same across all the JPY crosses weekly. How do you trade that? No idea. Have a look at the charts for yourself. 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.

A part of Learn to Read FX Charts, I’m trying to give you the understanding of the reality of chart movements. With the application of your strategy this will influence when you trade. The result will be winners and learners not losers. We all know that feeling of a trade going against you, well since you paid for the lesson why not learn from it. It’s no use posting a photo on social media asking “what did I do wrong” you will get many and varied answers leaving you still confused. You need to be able to answer that question for yourself, because at the end of the day nobody else cares. Firstly, you need to understand your strategies strengths and weakness when to use it and when to stay out of the markets. That’s on you. Next doing the autopsy it breaks down into two parts Fundamental and Technical. Fundamental is easy was there a red or grey flag on Forex Factory on the day of your trade. If yes that is the probable cause. Learn the lesson. Technical for this you will need to remove the indicators so you can see a naked chart. So, from your trade timeframe can you see market cyclicity? If no go up one timeframe, can you see cyclicity here? Lastly go up two timeframes from your trade timeframe can you see the underlying direction of the market? Or was the market sideways? So, what was your entry signal correct or almost correct? Was your stop to close to your entry point? These are questions you need to be honest with yourself about remember its just you and your conscious. When you trade with a live account you will learn a lot faster. Remember to journal with photos every trade you take so you can look back and learn, remind yourself of why certain trades went against you. Photo of your entry setup and two timeframes higher. So, one last piece of information before you place your next trade do two pretend autopsies on the trade one is why did the trade work, second why didn’t the trade work.

Ep165 Moving averages and a trading plan. I want to help you get clarity regarding moving averages and trading rules. Here I show how you can apply moving averages and then trade them. This I feel will help you to understand moving averages and how to use them. I have had to use the left-hand side of the chart to do this presentation. I believe the information will be helpful to you moving forward. The key points • Moving averages, a set of consistent rules. • Have a consistent set of entry signal parameters. • Have set of consistent trading rules. 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.

Ep164 Trendline rule and trading. I want to help you get clarity regarding trendline rules and trading rules. I try to show you can draw trendlines and then trade them. This I feel will help you to understand trendlines and how to use them. I have had to use the left-hand side of the chart to do this presentation. I believe the information will be helpful to you moving forward. The key points • Draw trendlines with a set of consistent rules. • Have a consistent set of entry signal parameters. • Have set of consistent trading rules. 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.

Ep163 Channel update and Substack. This video I explain why I have not posted a Levels for the Week ahead. Short story there has nothing I could find to post. So, I show you what price has done on the USD crosses daily charts and comparing the movement to the previous weeks high and low. I also discuss my Substack page LTRFXC and how I think of things related to trading and chart reading. I will be posting more articles over the coming weeks. 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.

Ep162 Autopsy of last week’s levels. So, this week we had the GBPAUD and GBPNZD. The GBPAUD did bounce of the level but no entry signal, later in the week price just went sideways in a range. The GBPNZD did continue higher after a giant gap but again no entry signal, I then went to the D1 chart where there was a double bottom with a neckline. Price gaped through the neckline but then continued higher as I said last week I was looking for a continuation. 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.

This week I have marked up the GBPAUD and GBPNZD as charts of interest. These are both continuation movements I am looking for. I encourage you to do your own chart analysis and see if you can find charts to markup. Remember all you need to do now is watch and wait. 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.

Ep161 Trade plans trading rules. I have been producing charts for 2 years, yes you might watch the episodes and think this system is too simple. Effective and simple is how I would describe the channel. Watch the autopsies for yourself and you can make your own informed decision. Today is about a trade setup/plan and trading rules again they are simple and very effective. I hope you get something out of this episode to make your trading simple and very effective.

Ep159 A review of levels set in June/July. So back in episode 146 and 151 I marked up some charts with levels (just a modified Fib option from Trading View). The levels were based on previous turning points. Here I follow up those same levels 2-3 months later as you can see price turns at or around levels. There is no silver bullet with charts if they are not on then all you can do is watch, and that is why I have not been posting my usual levels to watch for the week ahead. Instead, I am just doing some follow up videos. 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.

Ep156 A stroll through the daily charts. Today I just want to show you that not much is happening on the charts there is no real direction to be seen so if you are not trading that is understandable. So, the levels shown are yesterdays high and low if you look back further you can see the market is sideways again not really showing any direction up or down. 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.

Ep158 A look at the daily charts. This episode I run through the daily charts again looking for cyclicity on the H1 charts. If you watched the previous episode, I talk about the 4 candles you are typically looking for on a daily chart to indicate what direction you are looking for the next day. There is no silver bullet with charts if they are not on then all you can do is watch. 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.

Ep157 A recap of the last few weeks Today I wanted to show you the 4 main candles you should be looking for so you know what chart movement to look for the following Week H4 chart or Day H1 chart. This will depend on which preference you have. Remember what I am trying to show you is what to look for the following week (H4) or day (H1) chart so if an opportunity arises you can say this is what I expected. So, running through the USD crosses I show you the high and low of the previous week ending 09/09/2023 and what happened during the week. There is nothing there so if you have been quiet on the charts for the last few weeks that is understandable. 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.

Ep155 More Hints and tricks to help you understand FX chart movement. Zig Zag: By placing a zigzag on the H4 chart we are looking for cyclicity either up or down the page. This video just shows there is rubbish out there, but it is a good learning opportunity for to see for yourself what is going on. Vertical Lines: These lines used to break down the charts into a weekly format are often called "week separators." They help traders see the price action and market developments on a weekly basis. This can be valuable for identifying trends and key support and resistance levels over time. Horizontal Lines: The high and low points of the week, represented by horizontal lines, are crucial in identifying significant price levels. These levels often act as strong support and resistance zones. Traders pay close attention to these lines as they can indicate potential reversal or breakout points. Breakdown into Digestible Parts: Breaking down the chart into smaller segments between the high and low points of the week and a Zig Zag to show cyclicity is a useful technique. It allows traders to focus on specific price levels, which can provide insights into market sentiment and potential trading opportunities. Analysing these segments can help identify patterns, trendlines, cyclicity and key price levels. 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.

Ep154 Hints and tricks to help you understand FX chart movement. Vertical Lines: These lines used to break down the charts into a weekly format are often called "week separators." They help traders see the price action and market developments on a weekly basis. This can be valuable for identifying trends and key support and resistance levels over time. Horizontal Lines: The high and low points of the week, represented by horizontal lines, are crucial in identifying significant price levels. These levels often act as strong support and resistance zones. Traders pay close attention to these lines as they can indicate potential reversal or breakout points. Breakdown into Digestible Parts: Breaking down the chart into smaller segments between the high and low points of the week is a useful technique. It allows traders to focus on specific price ranges, which can provide insights into market sentiment and potential trading opportunities. Analysing these segments can help identify patterns, trendlines, and key price levels. 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.

Ep 153 Inv H&S EURUSD follow up. So, Sunday I posted a potential inverse head and shoulders I was looking for on the EURUSD H1 chart. I advised on Sunday this was probably a phase 2 move so be careful price did retrace but not back to the level I set. Being a potential phase 2 I was looking for a deep retracement to be in and out before setting a new high compared to the previous high on the H1 chart. This is the reality of chart movements. As always if you like what I post please like share subscribe tell your friends about this channel it is here to help you.

Ep 152 Level to watch for on Monday 31/07/2023 or 07/31/2023. There has not been much to see over the last few weeks. I have found an opportunity on the EURUSD for Monday that might form the right shoulder of an inverse head and shoulders. Take note this maybe a phase 2 move so don’t get greedy. As always if you like what I post please like share subscribe tell your friends about this channel it is here to help you. This channel here to show you the reality of chart movement. Forex charts do not always do what you probably expect them to do as you can see from previous videos on this channel. Sometimes forex charts will unfold as per your plan. What you see in the forex charts I post is not another strategy but more a system of dissecting and reading forex charts. Questions thoughts on this episode please let me know. These videos are recorded on live forex charts so you can get use to looking at the righthand side of the forex chart and waiting for price to come to your level. This channel is here to help you, to show you how simple you can make your analysis you can even overlay your strategy on the forex chart to find an entry. So if you like what I post please like, share, subscribe tell your friends about this channel. This channel does not use #Trendlines, #movingavarages EMA’s or #divergence. You deserve better than that. I do use #Fibonacci on H1 charts If you are a student of a Forex trading training organisation or program, then this channel can help you to make sense of forex charts so you can understand them and then overlay your strategy onto the chart it is only one level and if price comes back to your level then apply your strategy for an entry. headandshoulders forextrading learnforextrading learntotradeforex supportandresistancestrategy ltrfxc nakedtrading fibonaccictradingstrategy

Ep 151 Levels follow up 3 weeks later. Here we can see what happened to the levels I posted 3 weeks ago you can see price moves between levels in my opinion price can only see levels. Pick, any pair you like mark levels on your chart and you can see for yourself. When using levels these will typically not be round numbers but that’s just how price moves. Remember Entry, Stop and TP are all placed on levels. This channel here to show you the reality of chart movement. Forex charts do not always do what you probably expect them to do as you can see from previous videos on this channel. Sometimes forex charts will unfold as per your plan. What you see in the forex charts I post is not another strategy but more a system of dissecting and reading forex charts. Questions thoughts on this episode please let me know. These videos are recorded on live forex charts so you can get use to looking at the righthand side of the forex chart and waiting for price to come to your level. This channel is here to help you, to show you how simple you can make your analysis you can even overlay your strategy on the forex chart to find an entry. So if you like what I post please like, share, subscribe tell your friends about this channel. This channel does not use #Trendlines, #movingavarages EMA’s or #divergence. You deserve better than that. I do use #Fibonacci on H1 charts If you are a student of a Forex trading training organisation or program, then this channel can help you to make sense of forex charts so you can understand them and then overlay your strategy onto the chart it is only one level and if price comes back to your level then apply your strategy for an entry. headandshoulders forextrading learnforextrading learntotradeforex supportandresistancestrategy ltrfxc nakedtrading fibonaccictradingstrategy

Ep 150 Autopsy of last week’s levels. Observations first. We had lower highs and lower lows on the GBPUSD and NZDUSD H4 charts so we were looking to see if this week this was going to continue, it didn’t but that is chart reading, price will always do it’s thing. Next was the NZDCAD we were looking for a right shoulder4 to form and all we got was a gap that filled in and price never looked like retracing to the level. Note 3 weeks ago I was waiting for the same thing to happen and again all I got was a gap that filled in. Even though we did not get a right shoulder the system we use for reading the chart is sound and repeatable. This channel here to show you the reality of chart movement. Forex charts do not always do what you probably expect them to do as you can see from previous videos on this channel. Sometimes forex charts will unfold as per your plan. What you see in the forex charts I post is not another strategy but more a system of dissecting and reading forex charts. Questions thoughts on this episode please let me know. These videos are recorded on live forex charts so you can get use to looking at the righthand side of the forex chart and waiting for price to come to your level. This channel is here to help you, to show you how simple you can make your analysis you can even overlay your strategy on the forex chart to find an entry. In episode Ep 014 I show you how this system is scalable down to the D1 H1 forex charts so like share subscribe tell your friends about this channel. This channel does not use #Trendlines, #movingavarages EMA’s or #divergence. You deserve better than that. I do use #Fibonacci on H1 charts If you are a student of a Forex trading training organisation or program, then this channel can help you to make sense of forex charts so you can understand them and then overlay your strategy onto the chart it is only one level and if price comes back to your level then apply your strategy for an entry. headandshoulders forextrading learnforextrading learntotradeforex supportandresistancestrategy ltrfxc nakedtrading fibonaccictradingstrategy

Ep 149 Levels for the week ahead. I have chosen the NZDCAD this week I am looking for and inverse head and shoulder pattern we are 2/3rds of the way there, price just needs to retrace back to the level look for an entry and away you go. I have observations on the GBPUSD and NZDUSD its is do with cyclicity on the H4 chart. So look at the charts for yourself see if you can find opportunities to happen during the week and don’t forget this system is scalable down to the D1 H1 charts. Questions thoughts on this episode please let me know. These videos are recorded on live charts so you can get use to looking at the righthand side of the chart and waiting for price to come to your level. This channel is here to help you, to show you how simple you can make your analysis you can even overlay your strategy on the chart to find an entry. In episode Ep 014 I show you how this system is scalable down to the D1 H1 charts so like share subscribe tell your friends about this channel. This channel does not use #Trendlines, #movingavarages EMA’s or #divergence. You deserve better than that. I do use #Fibonacci on H1 charts If you are student of a Forex trading training organisation or program, then this channel can help you to make sense of FX charts so you can understand them and then overlay your strategy onto the chart it is only one level and if price comes back to your level then apply your strategy for an entry. So, whatever training program you are doing this channel is designed to show you what your current trading organisation is or isn’t telling you. #headandshoulders #forextrading #learnforextrading #learntotradeforex #supportandresistancestrategy #ltrfxc #nakedtrading #fibonaccictradingstrategy

Ep 148 Last week. Well, if you said last week was an ugly week in my opinion you would be right. I will look at the USD crosses today from the weekly candle and then break the chart down to the H4 chart looking for cyclicity on the chart. As you can see last week was not good even the daily charts were just rubbish no continuations or reversals. The market is going to give you weeks like this so just be patient it will happen for you. This channel is here to help you look into the future and have an idea of what you are looking for and waiting for price to do its thing. It doesn’t matter when you watch these episodes the lesson will always be there as they are recorded using live charts. So, tell your friends, like, share, subscribe because this channel is here to help you. This channel does not use #Trendlines, #movingavarages EMA’s or #divergence. You deserve better than that. I do use #Fibonacci on H1 charts If you are student of a Forex trading training organisation or program, then this channel can help you to make sense of FX charts so you can understand them and then overlay your strategy onto the chart it is only one level and if price comes back to your level then apply your strategy for an entry. So, whatever training program you are doing this channel is designed to show you what your current trading organisation is or isn’t telling you. #headandshoulders #forextrading #learnforextrading #learntotradeforex #supportandresistancestrategy #ltrfxc #nakedtrading #fibonaccictradingstrategy