Chart Rules

Here are some of the simple steps used to analyse the market:

Monthly Chart

  1. Start with a Monthly chart to identify the larger trends and identify key swing points
  2. Swing points are marked with a horizontal red lines

Weekly Chart

  1. Start with the weekly chart and use it to confirm the monthly trend
  2. Identify the weekly swing points – this will be marked in green lines

Daily Chart

  1. Drill into the daily chart to better help understand potential risk / reward and create a bias
  2. Identify the key weekly and monthly swing points
  3. Marked daily swing points with blue lines
  4. Use Fibo retracement levels and understand the current wave using Elliot Wave Theory

4 hour Chart

  1. Place entry / exit and stops

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