This is a live clip from the Aug 3rd Language of Markets Live session where we discuss how approaching any method, structure, or trade with predetermined expectations blinds us. It’s a valuable thing to eventually have our expectations disappoint us. We are forced to give up and this frees us to see the whole picture. I then demonstrate how to discover the essence of swings by discovering controlling buyers and sellers in the live AUD/USD. I also give an example of how reading price action (bar-by-bar) easily shows us the controlling buyers and sellers that showed the swing to project for an entry.
Learning To Read Price Action Part 3
In part 3 we’re going to use our price action bars to come up with some pivot requirements which can be used as a confirmation technique for entering into a swing. It’s about using these significant bars to see buyers or sellers making effort and getting that effort reversed. In the video, you will how the price bars are related to swings and Median Lines and how they can be used to see a pivot created.