Forex Review 12.21.2017
AUDCAD (0:00) - Looking for daily chart stochastic convergence at a major level that can be seen on the quarterly chart. AUDUSD (3:00) - Expecting a bounce at a major trend line which can be seen on the higher time frames. EURGBP (4:52) - Pay attention to the major 61.8% fibonacci level [...]
This is a simple and effective way to determine when the trend is changing. There is no other tool used in this example other than price action. Since it is important to read a chart, this video focuses on that. No indicators are on the chart for this [...]