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Ep 150 Autopsy of last week's levels Unlisted Video
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.
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