Month: February 2020

A Study of How Price Moves

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It’s not enough to just know how to recognize a market structure or memorize a bunch of technical analysis. That’s a start, but then we want to use those things to learn about how price moves and get that feel into our bones. In this video, I look at last week’s USD/JPY and E-Mini S&P mapping these markets using major/minor swings and the frame of the 3 types of trade options to learn about how price moves.

Waiting Outside of the Crowd

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I have shown that there are 3 basic types of trade options related to market structures or lines. This month in our Language of Markets Live Sessions we put our focus on type 2 trades (Expand then continue). This kind of trade is like sitting outside of the crowd observing all the pushing and shoving and urgency, then calmly seeing where it all lands when the crowd gets confused. All of this is expressed in swings, in this post I use a Gold futures tick chart and a weekly NTES to study some of what makes a swing up, to see how the crowd’s urgency and subsequent confusion is expressed in price action.