AUDCAD

I got nosy, and looked at someone else's post. Since I need my lines to make a decision on that market, I had no idea if it was a tradable market, and in fact I have never traded this market and never will because it's not a USD pair. So I thought it would be fun to look at a market that was completely unfamiliar to me, and show you how I would decide on a trading opportunity. To be honest, I ended up being a little surprised that there would have been a great opportunity as I got towards the end of the video, but I had to go through a sequence of time frames looking for behaviors that I understood and used repeatedly before I could get to my conclusion. And if it takes me 10 minutes to look at an unfamiliar market to make a trade decision... that's a no-brainer. And if it takes a little bit more time playing around with multiple time frames, my experiences it gives me more comfort and more awareness of the market and it is more likely to lead to a more credible conclusion, it's worth the time and effort. And if I'm still confused about the market are uncomfortable with the market, that's almost a relief because I don't have to make a trade decision, and if I don't make a trade decision I don't lose money.

The truth is we would be a day or so late on the trade because I looked at it a few minutes ago for the first time. But you'll find that my patterns are repetitive and my analysis is repetitive, and if there is any fudge factor it is my hope that you see the credibility of the process and the tools and that they can work once you get familiar with how you process market information and then make a trade decision which has to include a trade location, a stop, and a realistic reward.