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Recipe for reading a chart

6523
1. Label your key support and resistance zones.
2. Understand what the chart is trying to tell you.
3. Look for important candlesticks.

Hello traders!
I've written a very short brief on one of the successful trades I took last week. I kept it very simple and the steps mentioned above were the main reasons i entered long on USDJPY.

Many will think I've closed the trade very soon (which could be very true). However, this is purely because I wasn't in the best mood that day, and when emotions roles in I AVOID trading the markets.

Less emotions = More $$$

Please feel free to ask me any further questions :)!


Happy trading,
Abdulla

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