First published at 21:58 UTC on January 24th, 2021.
Music.. Square pusher.
Using different pairs to practice helps your brain see all different contingencies and set-up situations. CHFUSD is a bit more sporadic in its behaviour and I tend to have it as a tertiary pair versus a primary. EURUSD, GBPUS…
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Music.. Square pusher.
Using different pairs to practice helps your brain see all different contingencies and set-up situations. CHFUSD is a bit more sporadic in its behaviour and I tend to have it as a tertiary pair versus a primary. EURUSD, GBPUSD, EURJPY are usually my tier 1 pairs. I feel that the volume for these pairs is a bit more regular. In trading you want consistency. You want things to repeat, which in trading they tend to do. It is a matter of knowing the principles of supply and demand, target areas and patience (the hardest part of the game).
When there is more supply than demand. price goes down
When there is more demand than supply. price goes up.
Now use volume sand apply it to the chart.
Need a jump off learning point?
Master the Markets by Tom Williams. It is a free PDF... and in my opinion the most important text on modern trading that is available. You can master this skill for free if you know where to look. Stop paying jerkoff charlatans. If they are making their money on trading courses versus actual trading they can go fck themselves.
also check out Pete Faders VSA on youtube. He puts it all together and actually speaks.
If you can make money from trading, stop fcking people. Help them.... or not.
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