DELSU MTL COMMUNITY

Okay, that has the same interpretation as a ranging market(indecision)

Well, for beginners I won't advise it

But as a swing trader you'll need a lot of patience for price to break out of the range

JUST IN: 🇺🇸 $2.8 trillion added to the US stock market this week.

But the key question is how long do you think this will hold.

Omooo... patience is the key in trading.

JUST IN: 🇺🇸 Senate officially fails to pass Crypto Clarity Act before summer recess.

@WatcherGuru

This is weekend... take your time to go through your set-up this week both the ones that hold and the ones that didn't & take record of them all. Sir desty will always say atleast take a 50 - 100% record of your trade so far.

Honestly, I can't really say sha

Let's just see how the market will move from here

And yet sadly, it's still the most underrated

Yessss

GM traders 🐦‍🔥

Don't forget to journal and review the trades u took this week

That the market is inactive doesn't mean u should be

Today's topic of interest: candlestick anatomy

Normally, there are 3 types of charts in trading: bar chart, line chart and candlestick chart. Of these 3, the candlestick chart is the most common

The candlestick or Japanese candlestick as it is often called, represents the open, high, low and close within a given time period

Below are the OHLC for 2 different currency pairs within the period of 1 day

The first shows the OHLC for a bullish day(price closed higher than it opened) and the second reps the OHLC for a bearish day(price closed lower than it opened). While the 2 wicks or thin lines at the toppen and bottom rep the highest and lowest point that price got to during the day

Here it is

In summary;

O reps the price at which the market opened

H reps the highest point price got to

L reps the lowest point price got to

C reps the point at which price closed

These points are also equivalent to the price itself

Omooo... that is just it . Last week market was friendly to me but let me see how market will react this week.

Even till now .... I am still have it as an issue in this industry.

The lifestyle of all traders... even when the market is closed our mind nd brain is still trading😂😂😂🤣.

So obey that your mind and go back to your chart.

I know of line and candle sticke chart but I don't know about bar chart. Do you mind giving us pic of it sir.

What is the psychology behind the formation of the long or short wick . 🙏🙏🙏