Hello every,I’m a noob in this forums.
I’ve been trading since 2010.
I’ve seen a lot of people lose money and get scammed, far too many of them.
My native language is not English, so it may not be accurate, if you don’t understand, please reply with a question!
First，you must know what is Money-Sink Areas（MSA）and why MSA is important. MSA is early access to the money and where the trapped money is located.
Actually，MSA often appears in important data releases，so this place has a magnifying effect. As we all know, closing a position is equivalent to entering in reverse. This area is where the money is playing on both sides.
Second，Consecutive positive lines or consecutive negative lines, we can consider that there is still money coming in, unless there is a reversal Kx. Reverse K’s can be considered as funds no longer coming in, or reverse funds coming in in large numbers.
So after we observe an important piece of data, we must look for the MSA.
Third，All the points where the money comes back down, (price is again back to the lows/highs within the MSA) we can see as resistance or support within the MSA.
Everyone, please replay it for yourselves, see how it works, and reply if you have any questions, and then I’ll get to the next lesson!
Thank you