The best ways to analyze Forex trades

When you are doing top 10 forex analysis you want to start with weekly, I have the monthly analysis here and I don’t use it much anymore just take a look every once in a while to refresh my memory of the first methods of my strategy but I don’t use it anymore to make a profit I haven’t used it in a long time Just put it there, it’s kind of like a fairy tale thing.

The best ways to analyze Forex trades

Right, I like so you want to start on the weekly time frame so when you start on the weekly time frame in the markets you’re probably going to see a market that looks like this You’re not going to see very big moves You’re not going to see a lot of rejections You’re not going to see a lot of moves It just seems like a dot One big pip The simplest example I can show you is what the market did here it looks like one big pip.

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If I were to copy the most recent market structure, it looks like a big move like this is very easy to identify and it’s not very difficult to see what’s going on right so you can see what’s going on in this Forex market from bearish to bullish next.

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We now understand by doing a top-down analysis that the weekly time frame is bullish, so it’s going to look like this now when we do a top-down analysis, all we’re doing is zooming in to the same price that you see here, so the same movement that We set it on the weekly time frame which changed its structure when we go to the daily time frame.

All we’re doing is just zooming in all we’re doing what we’re doing is we’re getting a little bit closer and as we get a little closer to what’s happening we start to see more detail about what’s happening in the market so the same market movement is what’s happening here and I’m just going to go to Daily Because I’ve already done the upper parts of the analysis now I’ll start working my way down.

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When I started at the top I realized that this market is now trending up or this market is trending down whatever the case may be, and then I moved to the daily time frame and I noticed that within the same market movement, there’s a lot of structure going on here, so all I’m going to do Simply put, it is just plotting the points of the structure after the same weekly movement that occurred in the section to the top.

So if you notice this is the same movement from here on the weekly level but now this is on the daily level so we can recognize it from the down analysis is why it’s important to do this because if we just look at the daily life.

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That’s what we’re going to see and we’re going to see a bunch of rubbish, we’re going to see the market going up to down to up to down, it’s a little bit confusing but then if we look at the week, we’ll get a very clear indication of the actual direction of the masses of the markets.

This is very essential because you can only focus on what matters to you, and only day-trade what you want. For a total swing trade, do you want to scalp a little bit, this is very important because you can almost do a little bit of everything by confirming proper top-down analysis.

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If you were to look at this every week you might want to buy largely because this time frame is currently bullish but then if you look at this time frame you will notice that it is bearish.

Even though he’s probably a novice trader and this may look bullish, it’s bearish as you can see how the market here was already creating higher highs and higher lows and then we broke this previous higher low making this market bearish.

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If we determine that the daily time frame is now turning to the downside this can make some sense because for the weekly time frame, what this can create is a deeper pullback, so the weekly time frame can continue to trend upside by default but we know that the weekly can A deeper pullback occurs because the daily time frame is now bearish and is simply heading lower.

To give this weekly time frame a deeper pullback so it can push to the upside, so they’re both making the same move but one is pretty much taking the knock on the other is having the actual move overall but this is all a big hypothetical, this is what we have in front of us right now and it’s 100% fact that the weekly time frame is bullish.

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As we go through the analysis of the top 10 we wonder does it makes sense to buy or does it makes sense to sell but as of now our 50/50 can’t get a really clear signal which is why we have to go down to the 4 hours now.

So we’re simply going to have the same market movement from the daily time frame here we’re going to put it back in place so we can pretty much confirm that everything we’re doing is just zooming in so we all agree that this is the market structure there now we move to the four-hour frame.

Summary

So we’re actually starting at the top and we’re working our way down now, this is what this current time frame of ours looks like, so for example purposes, I’m simply going to start at this point here just because there’s a lot of market structure and I could be like that overnight.