Zoom out, then zoom in
Start with the big picture to find the trend, then zoom in to time your entry. The map first, then the street.
Key takeaways
- Higher highs and higher lows mean an uptrend; lower highs and lower lows mean a downtrend.
- Check a higher timeframe first to see the bigger direction.
- Trade in the direction of the big picture, with the wind at your back.
A chart keeps making higher highs and higher lows. What is it?
Transcript
Imagine trying to cross a city you've never visited, staring only at the pavement. You'd get lost in minutes. Pros do the opposite. They check the map first... then zoom into the street.
On the big picture, look at the swings. Higher high. Higher low. Another higher high. Another higher low. That's an uptrend. Now zoom in, to the latest pullback. That's where your entry lives.
Flip it upside down, and you get a downtrend. Lower low. Lower high. Another lower low. Another lower high. On a chart like this, buyers are swimming against the current.
So here's the cheat code. Let the big picture pick your direction. If the map says up, you're hunting for buys. If it says down, you're hunting for sells. Wind at your back, every time.
Take the quick check below to lock it in. Keep going. It all adds up. Next up: Support and resistance, made simple. Learn it. Practise it. Prove it.