There have been many examples of our timing of movements in the markets. Recently we made a post regarding the #eurusd and how price was hitting a weekly supply zone that was backed by higher timeframe forces and we said that this was a great spot to get in short. This journal entry was dated August 5th and what we can see took place is a very large move down from within this supply. This is only one example of the many moves that have taken place that we forecasted ahead of time. This is the power of understanding the true market dynamics of Supply and Demand. This information is incredibly valuable and we hope you use it to the best of abilities. Use the market observation journals to help you understand why price moves the way it does, use it to locate your own trading opportunities, use it whatever way you possibly can, but whatever you do, make good use of it.
There is a famous saying “A smooth sea never made a skilled sailor” and I think you can apply this to the markets 100%. The markets are very turbulent, scary looking, unpredictable and can swallow you up very quickly. It has taken the lives of many trading accounts in the past and currently does so to this day. This is why it is so vital to have a market compass, a way to gauge what direction the markets will move so that you can take advantage of the information and use it to your benefit. Here at the school our market compass is in the form of the Observation Journals. If you haven’t yet familiarized yourself with the journals you really need to take a deep look at them and see what is being written in them. We use the journals as a way to constantly stay on top of what is currently playing out on the currency pairs we are following and staying focused on what forces come into play on each chart. This is how we track the movements and the pulse of what is currently taking place. If you have been following them closely you’ll recognize that every time we observe a force coming into play, price will always move in the direction of those forces. This is not a coincidence; this is because the markets always respond to the #institutional zones we locate. We know not every imbalance is where price will reverse but we do know how to locate the key supply/demand zones that were created by the banks and that these zones, when timed with the higher timeframe forces, will always respond and price will reverse from them.
Kevin Araujo
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