How to Read Stock Charts for Day Trading; Keeping a Good Perspective When Analysing a Daily Chart 📈

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How to analyse daily charts to potentially come up with day trading or even shorter-term swing trading ideas. How do you analyse a trading chart? How do you read stock charts for day trading? How do you analyze market trends? Daily charts are useful as a lot of people are watching them and as such it is the consensus of everybody for a particular day. How high are people prepared to keep buying for that day? How low have they gone? Let me go thru some of the things I like to look at when looking at daily charts. The first thing i ask myself is what's the trend? What's driving the market? Is this trend useful to us? Markets are always rotational, even with bull runs the markets will reverse in certain stages. OK.

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  Forex Trading