Price broke below the KL but the next 30 minute candle closed back above, indicating a small liquidity grab for price to move back up. CPI was to follow and as the next hourly candle broke the previous high, buys were entered with us anticipating CPI to drive price back up to the next KL. Secured some profits there, and left a runner to target the KL at 1.26900.
Welcome Back Traders!
In this education idea, I explain how to improve your trading bias, by knowing when to change it based on the movement of price action.
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Do you find yourself drawing too many levels on your charts?
Do you struggle to know which levels that actually matter for trading decisions?
Do you wonder why price moves straight through some key levels and not others?
This video will show you how to analyse a stock using Multi-Timeframe Analysis techniques to find the key levels that actually matter for...
It's currently 12am and I thought why not drop a nugget.
So here it is... Finally, I dropped my supply and demand, support and resistance a.k.a Key levels tea.
Take this one seriously Cos' Nasdaq100 respects it a lot.
For better entries and exits you'll need to have a clear knowledge of key levels.
