Video Transcript: Hello everyone, it’s Dale here. In this video, I’d like to teach you a skill—how to read and evaluate any chart in just a couple of seconds. When you look at any chart, it really consists of just three things or patterns: the price is either in a rotation, like here, or the market is trending, like here, or there is a swift rejection of either higher or lower prices, like in this example. Those are the three patterns present in every chart, regardless of the time frame or trading instrument. Every chart consists of just these three patterns, nothing else. Learning to recognize this can give you a huge edge in your trading. Let’s go over a few examples of these patterns, and I’ll do some drawings here. Right here, there’s a rejection of higher prices. So, that’s a rejection. We also have rejections here, here, and here. Now, let me highlight the rotations. There’s a rotation here, another here, a small rotation within this trend, and one here as well. Now, what remains...
I am a professional trader with 10+ years of trading experience. I trade using Volume Profile which is a tool that shows you where institutions accumulate their positions and what their intentions are.