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How to Read Your Trading Indicators!

How to Read Your Trading Indicators!

Update: 2022-12-28
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WITHOUT ANY PREVIOUS TRADING EXPERIENCE


Savage Strategy Builder in 3 Easy Steps Part #4 of #4 Part Series


Yeah. Guess who’s back. Come lean on you. Ah, welcome, welcome, welcome, welcome to Savage Forex. Today we will be discussing the Forex Strategy building template. If you watched the videos before there were four videos. It’s four total, a four part series. So this is a template. So first there was Price Action. Then we used Support and Resistance. We drew the lines, showed you how to property use the lines, and there’s another link below to check that video out. And then now, the final part here is using the indicator. That’s going to be our trilogy to this thing. You know what I’m saying? Yeah. So the trilogy, the father, the son, and the holy charts, right? But <laugh>, no disrespect, yo chill. So check it out. This is the final step. The first video was an overview. You can go check that out. The second video was about Price Action, how you can build a strategy just using price action alone. And we went into details on how to just use strictly price action as a strategy. And then the next following video, after the overview and price action, we went into support and resistance. So now we then added two parts to this trilogy on how to build a strategy.


So the steps, the three steps to finding indicators, okay? So basically there’s two types of indicators. All right? The first type of indicators, a trending indicator. These indicators are drawn amongst the chart. So it’ll be amongst the candlesticks themselves. These indicators are best to show trending direction. Is it moving up or is it moving down?


And so the second type of indicator would be our isolating indicators. These indicators are usually placed below the candlesticks. They’re a separate part of the chart. That’s usually right below where the candlesticks are. And these show in isolation. So it’s basically just an up and down flow. It doesn’t show the extension of the price or extension of the sell or the trending, but it’s just to show the isolation because everything basically moves up and down. The waves come in, the waves come out, the moon rises, the sun rises, the sun set, the moon sets. You dig what I’m saying. So it’s an isolation, just purely isolation. So what we’d like to do to combine these two, so with indicators, you want to use two types of indicators. You can use just one, but it’s more powerful when you use two different types of indicators.


All right? And there’s also leading indicators, but we’ll get into that later. That’s like more mathematical. You’re talking Fibonacci and things like that. I wrote articles way back in 2007 about using Fibonacci as a way to make trades for some magazines online. You can go check ’em out. They’re old, but they’re still up to date. Fibonacci is a mathematical principle. It never changes. You know what I’m saying? All right, but we’ll get into that later. So for now, for our strategy building template, we did our basic overview. That was in video one. Then secondly, we did price action, went into detail on how to do that. You must check that video out. And then step two was for support and resistance. Read drew the lines. I show you how to properly draw lines and what the lines really mean, that you don’t really need all the detail, but it’s giving you support and resistance areas. But we’re going into detail now. You can check that video out.


Come join me for the webinar, and we’ll get into more detail of even how to get funded accounts. $1.2 Million and above. Let’s go Savage, baby. Beast Mode. Ah, let’s go. Deuces one.



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How to Read Your Trading Indicators!

How to Read Your Trading Indicators!

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