Tradeciety

Top down analysis - step by step

Education
FX:NZDCHF   New Zealand Dollar/Swiss Franc
In this video I show you how to perform a Daily --> 4H --> 2H top-down analysis, mark up a chart and come up with a trading scenario.

Do not make it too complicated. Look for levels that are close by, draw support/resistance , look for impulsive supply/demand and identify trade trigger entries.

Keep it simple!
I have been trading for 15 years!

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Comments

You say not trade in this area , it is neutral - so you trade only breakouts ?
Is not that too late for an entry, not to enter inside the area before the move starts ?
Thank you
Reply
Tradeciety Pirate_Hook
@Pirate_Hook, If you want to catch potentially large trends, then breakouts are the way to go.
During ranges, you only fight for a few points here and there and the price action is unpredictable and volatile.
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