Stop Guessing: The Scientific Blueprint to Predicting Where Prices Will Stop and Reverse.
Technical Analysis: The Trader’s Scientific Road Map
You've learned the fundamentals, and you've mastered the platform. Day 3 was the crucial step where we applied that knowledge to start reading the market’s mind using Technical Analysis (TA). TA is the foundation for forecasting price movement, moving beyond guesswork to objective analysis of price action.
We emphasized three core principles proven by historical price data:
Price Discounts Everything: The price you see is the market's complete reaction—no ifs or buts.
Prices Move in Trends: Whether Up, Down, or Sideways (Consolidation), prices adhere to repeatable patterns.
History Repeats Itself: Past price behavior informs future movements, but only if there is history to be repeated. When major, unprecedented events occur (like Brexit or a financial crisis), the market creates a new history.
Missed the live session? 🎥
Here’s the replay of the October 20, 2025 Day 03: Technical Analysis Part 1:
Please note, This video is accessible only to clients with qualified Forex accounts. Access will only be available for the next 7 days, so make the most of this opportunity to revisit the session and reinforce your learning.
Mastering the Power of Support and Resistance
The simplest, yet most powerful tools in TA are Support (the price floor) and Resistance (the price ceiling). These levels are critical because they signal where market behavior changes:
Resistance (Sell Signal): At the highest proven price levels, selling pressure naturally overwhelms buying, causing the price to reverse downward. It’s simply the best time to sell.
Support (Buy Signal): At the lowest proven price levels, buying pressure overwhelms selling, causing the price to bounce upward. It's the best time to buy.
We drilled down into how to find these levels using the candlestick's Open, High, Low, and Close (OHLC) prices. Crucially, we taught the secret of the Zone: identifying the range of volatility around a key level is non-negotiable for setting effective Stop Loss levels, preventing premature trade closures, and maximizing profit potential.
The Multi-Frame Edge: Longer is Stronger
The single biggest mistake a new trader can make is only looking at short-term charts.
The Golden Rule: Longer timeframes (Monthly, Weekly) are always stronger than shorter timeframes (H1, M15).
Avoid the Burn: Relying solely on short-term movements (noise) can lead to devastating losses, as a small bounce on a Minute chart can be swiftly canceled by the powerful overall direction dictated by the Monthly Trend.
Train Your Eye: We performed a multi-frame analysis, establishing the Monthly Direction first, then using Weekly and Daily charts to confirm the trend, and finally using H4/H1 charts for precise entry points.
This session was not just theory—it was a comprehensive, step-by-step training of your visual and analytical skills.
Your Final Step to Trading Mastery Awaits!
Day 3 provided the foundational skills for prediction. Now, it's time to set the trap!
Day 4: Technical Analysis Part 2 (Thursday at 7:30 PM) is where we learn how to Execute the Trade: setting your precise Entry, Take Profit, and Stop Loss levels.
The clock is ticking. Your weekend assignment is to practice drawing Support, Resistance, and Trendlines on your MT4 platform.
