my trading journey all those years ago. Learn more, candlestick Patterns, see candlestick patterns plotted over recent currency movements. Moving beyond indicators, trading systems and all the online trading hype, by simply reading a naked price chart we are able to read the market like a series of chapters in a book; the story reveals itself from left to right over time. Introducing the Next Generation of Web Trading. By analyzing the footprint of money and reading the story on the charts, we can see whether a market is respect key technical levels and if is is, this means its a good time to look for trades. Each of the points above are things we want to look for as we read the chart from left to right. It is authorised and regulated by the Financial Conduct Authority, No: 542574.
Powered by, find out where you stand, we share information on the trading activity of our institutional and retail clients. There was an existing resistance level near 1360 from back in 2017. 412981) and is the issuer of the products and/or services on this website. As price pulled back again and formed a similar pin bar to Fig. After a very aggressive and some might say scary sell-off, the S P500 reversed dramatically, putting in two long-tailed bullish bars that to the professional, indicated an up-move was coming soon. We also want to make note of whether a market is respecting technical levels (support / resistance, moving averages, etc.) consistently. Pricing Execution, global trading opportunities, trade the worlds currency markets along with the most popular share, index and commodity CFDs. Please leave your comments feedback below! Covering Foreign Exchange (all major currencies Gold, Oil and the US S P 500 our services are designed to minimise risk in an increasingly uncertain global environment. Setup or Trend, Level, Signal, and when you get all three of these its like a golden hen that will often give golden egg trade setups. To find out more about how we can help you, please read on throughout this website and contact us at or by telephone on: (44) (0). Our aim, as price action analysts, is to see and read the market by using the price action analysis model; bars, levels, trends, interpreting price action signals, etc.
What did you think of this lesson? We would be leaving both this 1307 support and 1360 resistance on our charts to watch the price action at these levels into the future. In this lesson, you will discover what reading the charts bar-by-bar and then using that to get a birds eye view, will do for your trading. Find out which markets will be most impacted.