There are seven ways to improve the art of speculation.
Latest cheatsheet:
1. 🔎 Find your price driver - build a macro argument based on probabilities
How good is the quality of the price driver? If I look at the BOE and ECB, how wide is the divergence?
We are looking for chalk and cheese, opposites attract.
2. 🖐 Execution is important - most get stopped...
The idea of this post is to use this current scenario to provide an idea of how to work with clear Support and Resistances zones.
a) LOOK AT THE PAST: What we mean by this is to look for zones that you can define as reversal areas (support/resistance), this must be Evident if it is not then you should not be paying attention to that chart
b) Once you have...