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If you are newer to trading, you may wonder why your trades seem to move against you. After all, it is easy to overlook the fact that markets move in waves, or as we call them – phases. These phases of buying and selling pressure occur across many different timeframes and it is SUPER important to be able to recognise them. The T-Wave strategy, built directly into SmartCharts, takes advantage of phases by using high and low test bars to signal a potential shift in market direction from Phase 2 to Phase 1 (when trading trends)!
Looking to learn more Forex Strategies? Keep an eye out every week for more new content. Comment below if you want me to go over your favourite forex strategy.
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