Ok friends, I'm not going to focus my blog posts on trading as much anymore. It would seem that the steemit community would rather I post articles on more popular subject matter. There doesn't appear to be that many traders among us. I will still post a few trading videos every week, but not daily anymore.
I thought I should focus today's video on charting. I want to give you a new perspective on reading charts. A more simplified approach, to help you read the story that the chart is giving you. I would love it if you could have the confidence I have when I take a trade.
After you see a few thousand charts, they all become very easy to read. Wheres the argument on the chart? Who is winning and who is running out of power? Where is a good entry (spot to buy) and where should I sell? I cannot predict the future, but I can tell you what will likely happen in the next few minutes or hours, based on how the chart is reacting.
I apologize that my video is only 15 minutes and then it cuts out. But I am using free software to record them and 15 minutes is the cut off point. Ok, here is today's charting video:
Thanks for watching, and please comment below with your questions. I know I made this video very simplified, but i wanted to impress on you that trading could really be that simple. Where are those free beans? There are so many subjects that this video doesn't have the time to cover, like money management, volume spikes, time of bars (5min, 10min ) and so on .. But please watch earlier videos to get a little more instruction on those subjects.
Cheers,
Luc