Useful Trading Tips From the Market Close Part 2 🔍

✅ Trade with our Sponsor Broker: TradeNation http://www.financial-spread-betting.com/ccount/click.php?id=91
✅ Check Mark's Premium Course: https://price-action-trading.teachable.com/
📞 Join Mark's TradersMastermind: https://www.tradersmastermind.com/mastermind
✅ Please like, subscribe & comment if you enjoyed - it helps a lot!

Useful Trading Tips From the Market Close Part 2. Useful Trading Clues and Tips from the Close http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE, SUBSCRIBE AND SHARE THIS VIDEO SO WE CAN DO MORE! This is Part 2. Is it possible to predict where the market will open or how the trading day will evolve from the previous closing price. Let's look at some useful trading clues from the close.

Useful trading clues from the close Part 2. In this video we are going to look at a couple of broad setups for fading and following price basing that on the position and the range.

We talked in the prior video about the importance of the closing price; where is the close relative to the day's range, where is the close relative to the prior's 3 or 4 days range...etc, where is the close relative anything that is useful. We also discussed the range; the last 30 or 60 minutes; what was the range; was it a big range?

1) Position
2) Range
3) Setups
- Fade
- Follow

If there isn't enough demand (i.e. no supply/demand imbalance) the market isn't likely to break thru a key level. Chances are that the most likely scenario is for the market to reverse. That is where we should look at fading a trend and mean reversion.

✅ Our channel sponsor for this month are TradeNation meaning these guys are covering our costs of operation. We only accept reputable and properly regulated providers as sponsors. Please support us by trading with this provider. TradeNation offer both MT4 as well as an exclusive web-based platform, CoreTrader 2.

Sign up with TradeNation: http://www.financial-spread-betting.com/ccount/click.php?id=91

📜 Disclaimer 📜

69.9% of retail investors lose money when trading CFDs and spread betting with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Related Videos in the Price Action Trading Series
What is Price Action Trading? ☝
https://www.youtube.com/watch?v=-pCePkAHcqw
What The Market Open Tells You! Part 1 🔍
https://www.youtube.com/watch?v=du0521KDJqk
Useful Trading Clues from the Market Open Part 2 🍳👌
https://www.youtube.com/watch?v=idDRo-L_OvM
What The Market Close Tells You! Part 1 🔍
https://www.youtube.com/watch?v=vzX50IJhwag
Useful Trading Tips From the Market Close Part 2 🔍
https://www.youtube.com/watch?v=QIbMKnaYBSY
Trading Clues From a Large Daily Range 👌
https://www.youtube.com/watch?v=nOKe5wG4AC4
Trading Clues from the Overnight Session Part 1 🔍
https://www.youtube.com/watch?v=l4eW9I7mrLw
What Overnight Price Action Can Tell You Part 2 🍳👌
https://www.youtube.com/watch?v=EAM8qO6MYvQ

Видео Useful Trading Tips From the Market Close Part 2 🔍 канала UKspreadbetting