Hello there,
I have a problem. If I have a chart, where should I begin to trade? In the middle? In the end?
Im confused…
Best regards,
ALex
The price indicated at the right-hand edge of the chart is the latest price. The line or bars or candlesticks to the left of this point show what price has done to reach where it now stands.
If price has been steadily rising from the bottom left corner towards the top right corner, it will often continue to rise for some time so you might prefer to buy now or maybe soon, perhaps after price has fallen a little.
Hellooo! I think it might depend on the system or strategy you’re using. But for me personally, I tend to check out the candles from the past 3-5 days. Have you already found a system you want to use? Are you planning to focus on price action? Also checking out the school here might help you out somehow!
Here’s the specific lesson about charts and an intro to technical analysis which might help!
Thank you so much