"Art Of Chart Reading" Posts

Overview Actual engagement on Jan 22, 2014 was pretty easy. Execution of the battle plan is just a matter of reacting to the possible outcomes and paying attentions to the development of the price actions. Positive expectancy is built implicitly into the approach hence you know that as long as you follow the plan you […]

Part of Art of Chart Reading Many people need an identity to anchor their minds. There is also a practical need because of social pressure. Pretty much like the security blanket Linus has in Peanuts (the comic strip), identity is not necessary but comforting to be able to lean on one. If you want an […]

Part of Art of Chart Reading Price movements from different markets do not behave the same way. They all have different characteristics. The lesser known fact, however, is that price movements for a single market can behave totally different from one timeframe to another. There are many reasons why that happens. Once you put that […]

Part of Art of Chart Reading Being able to read your charts proficiently using multiple timeframes to improve your decision making is similar to graduating from secondary school (or middle school). After completing secondary school, you are supposed to have acquired all the basic knowledge of our world that is sufficient for you to handle […]

Part of Art of Chart Reading Price discovery is the process of buyers and sellers interacting at the marketplace to determine the price of an asset. If this sounds like ancient Greek or Latin to you, don’t worry it is absolutely normal because it is obscure. My preferred definition for price discovery is that it […]