Chapters
Quick summary
Kids up, breakfast, school run, then coffee and one laptop. That is the setup. The first two hours after the open is where the movement is — she is usually finished by 11:30.
Three things on a are worth your attention. : each one is a slice of time showing where price opened, closed, and how far it swung. : how many people were actually involved, which is what separates a real move from noise. and : the prices where the same thing keeps happening — a floor buyers defend, a ceiling sellers defend. That is it. That is technical analysis.
Lesson 4 of 5
Reading the picture
You do not need ten screens. She trades from a laptop at her kitchen table.
Her actual morning — two kids, one laptop, no wall of screens — and the three things on a chart that matter.
Words she uses
Candle
One slice of time on a chart: where the price opened, where it closed, and how far it swung.
Like this: A day's weather in one shape — the high, the low, where it started and where it finished.
Volume
How many people actually traded. It tells you whether a move was real or thin.
Like this: The difference between one person telling you a rumour and the whole street repeating it.
Support
A price floor where buyers keep turning up and stop it falling further.
Like this: The bottom of a bouncing ball. It keeps coming back to about the same place.
Resistance
A price ceiling where sellers keep turning up and stop it rising further.
Like this: A low doorway you keep hitting your head on. Same height, every time.
What to take away
- You do not need ten screens. She trades from a laptop at her kitchen table.
- The first two hours after the open is where the movement is.
- Green candle closed higher than it opened. Red closed lower. Wicks are the swing.
- Volume tells you whether a move is real or noise.
Draw the levels
Here is a real-shaped chart. Click where buyers keep showing up, then where sellers keep showing up. Look for the price the candles keep turning at.
Tap where buyers keep stepping in.
Check yourself
Answer all of them to unlock the next one. Getting one wrong is fine — the explanation is the point.
1On a 15-minute chart, one candle represents what?
A candle is a slice of time, and the timeframe sets the slice. Body = open and close. Wicks = how far it swung.
2A stock jumps 3% on almost no volume. What does that tell you?
Her line: ten people arguing about a price is not the same as ten thousand. Volume is what makes a move real.
3Price keeps falling to $98 and bouncing. What is $98?
Support — the floor where buyers keep showing up. Sellers showing up at a ceiling is resistance. Between them is a range.
4When does she say the opportunity actually is?
Market opens 9:30 Eastern and she is usually done by 11 or 11:30. The first two hours is where the movement lives.
0 of 4 answered
Answer the questions above to carry on.
