Daily Bias

Daily BiasLesson 2 of 84 min read

Start at the weekly

The first chart of the routine, what it is allowed to decide, and the levels worth marking on it before you move down.

The reading starts at the top and works down. The top is the weekly chart.

Look at the last few months

Open the weekly and look at what price has done recently. A line chart is enough here, since you are not reading candles.

You want one answer: is the larger move going up, going down, or doing nothing clear.

The weekly answers one question, and it is not what you trade today.

Context, not the decision

The weekly does not choose your side. It tells you what the bigger move is doing while your day happens inside it.

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