It is good idea to compare instruments to get a deeper insight into potential big moves. In this 3 min tutorial I show how to create four scales on the right of the chart for four instruments.
To add instruments you use the compare button.
Then us a drop down arrow on the instrument at top left to find Pin to scale.
Is finding your 'true friend' a psychological issue? Absolutely! We normally think of 'friends' as people - and that can be something of a mistake (based on personal experience), as I explain.
Your true friend in trading is right there hidden in the backdrop behind the candles - and that's why you see no candles in the screencast.
So I'm saying, find the tools...
In this video I give a few minutes of preview before discussing what I see on this weekly time frame. Bear with me as you'll see where I'm heading.
In the second half of the video I show how I estimate the big probability from the weekly time frame. I'm not interested in being right in this. That's not what I want to get across.
Whilst technical analysis is a...