Midpoint Analysis of a Forex Trading Range

The thing about this article is that it shows you guys the number one technical analysis article that I’m going to post later, the point is that when you look at the market this way you’re looking at the same thing in different formats as if you were to read this article the same way but in different formats Now that we understand what candles are and how that constitutes technical analysis because all these candles together create technical analysis.

Midpoint Analysis of a Forex Trading Range

I know you’ve probably heard it a million times but this is what I do every day, and if I didn’t do that every day singing, I wouldn’t be in the successful position I am in today because going against the grain is not only hard, it’s hard, and it’s not going to make you money And it doesn’t make any sense, so this is what a trending market will look like because of the candlestick patterns that we have determined through technical analysis.

So everything here is very simple and easy to understand, and this here is the market is trending up, and what you want to make sure you focus on is at the last point of the price when you see this here don’t focus on this point no You focus on anything that is not the last point because once you understand the last point then you start working backward.

Know where the Forex market trading trend is

Once you understand where the market is now you start looking back, you’re fine if this is the high of the market okay, what is this point here okay, this looks like a dip and then it looks like I left a trace of the market going to the upside, it’s very easy to notice This market is trending to the upside because you are identifying where the market is actively at the moment.

Once you understand where he is active now, just follow his path and he will tell you what he is doing this market is bullish as well. It’s like if we were identifying this market on the downside, this market is going to the downside, and it would look something like this, you should just focus on the lowest points or wherever the market is active and the last point in the market and you just follow the path.

Where did the Forex market start to decline?

Here you just follow the path to whatever he does and you can see that he has left you with a market pattern heading to the downside, this is how you determine the market direction you want. You need to determine where the market is actively located now and the last point where the market exists.

Then you just have to work backward because the opposite is true if you were to enter the market and simply look at it here you wouldn’t know whether to focus on this point here, you wouldn’t know whether to focus on this point here, all of this has absolutely nothing to do with what’s happening in the live price. All the way here.

So if we come over here and select this point here that you’re going to mark as your final structure. The point here will start to work in reverse If you start to work in reverse, you can identify what this market is doing, it’s very simple, it’s very straight to the point without this it would be very difficult it’s difficult to identify what the trend is doing because it’s in the other direction.

Do not worry about false information while trading Forex deals

If you try to find something by looking at all this excess information, you’re going to get confused and overwhelmed, and that frankly kills your trading motivation, and that just takes away from what you should be focusing on which is where the market is right now. Don’t focus on what the market was like 3 years ago.

The perfect example is this market here if you were to look at this market here, it would be a little bit confusing, you wouldn’t know if the trend is upside or downside, but if you look at the last point where the market is which is the highest point here So just draw your little circle here and then just start working backward.

How do you know the appropriate profit direction for a Forex deal?

You start working from the top to the lower side and you can see that this market has created higher lows and higher highs to end up creating this market in an uptrend, so this is where the trend is your friend because after identifying this market is in an uptrend obviously where you are now You will only be looking for buys.

So why are you looking for sells if sometimes you don’t have very clarity if this is a buy or sell or you’re a little bit better at analyzing buys and sells or buy and sells, all you have to do is simply come over here to the section and then right click So then you flip your scale and then you look at the markets completely the other way.

Summary

This article shows you the same market flipped just like if you’re reading this article and you’re lying in bed and you have the screen sideways, just flip the screen to the side you’re looking at the same thing you just flipped over the thing here is the same market.