Introduction To Technical Analysis Pattern: Highs and Lows

Introduction To Technical Analysis Pattern: Highs and Lows Hi traders, in this video we will be going into an introduction, and a step by step on how to trade highs and lows. We will start on the hard right edge of the market, and then take a step back and work forward with our trade analysis to give you a clear outline of how we trade with the highs and lows trading pattern. Although this is still and introduction to technical analysis, we will be going into detail on how to outline the highs and the lows for this trading strategy. This is a KEY concept for trading as it gives us an outline on the market and if it is a bullish or bearish market, if it is approaching significant levels of support or resistance in the market, and which side of the market we should take as our trading bias. In addition, we can use this high and lows technical analysis pattern to give us possible low risk trade entries with pullbacks to these levels of support and resistance in the market. This video is still in our trading 101 series where we are starting with the basics of technical analysis, but is a key concept to working towards a clear strategy.