What’s up homies! I realized that I have some time to spare in between fixing my fro and sparklin’ up all my bling so I thought I’d make daily EUR/USD chart reviews for y’all.
The plan is to upload a 15-minute chart of EUR/USD on a daily basis with annotations on what happened the day before. You’ll see a bunch of colored lines on the charts and here’s what they mean:
Green – previous day high and low (PDL)
Blue – previous week high low (PWL)
Pink – day open price (DO)
Purple – week open price (WO)
Black – major (00s) and minor psychological (50s) handles (will also be called MaPs and MiPs)
As a brotha lookin’ out for all my others brothas and sistahs, I figured that this could help us all understand price action better. Ya dig?
Without further ado, here's my first chart review!
What do you think? Is this a good idea? Is this something you'd read on a daily basis? Let me know!