TradingView

“Check what the price is telling you” is something I so often tell my students. The price always has a story to tell—a story of enthusiasm, one of disappointment, or one of indecision. That story is written in the chart, and it’s called price action.

Wikipedia tells us, “At its most simplistic, it attempts to describe the human thought processes invoked by experienced, non-disciplinary traders as they observe and trade their markets. Price action is simply how prices change - the action of price. It is most noticeable in markets with high liquidity and price volatility, but anything that is traded freely (in price) in a market will per se demonstrate price action.” (https://en.wikipedia.org/wiki/Price_action_trading)

However, before we can fully understand the story, we need to learn the alphabet and how to read it from its canvas, TradingView.

TradingView defines itself as follows: “Where the world charts, chats...