Those who trade technical, how do you go about creating your overall analysis?

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I’ll share mine. This is overall breakdown of CAD/JPY

Main idea is based off of wyckoff theory: accumulation, distribution, mark up, mark down.

“Stage 1” = accumulation/distribution “Stage 2” = mark up/mark down

Timeframes used: 1M, 1W, 3d, 1d, 4hr, 1hr, 30min, 1min entries.

First photo is the most very very basic structure of the strategy.

System can be simplified into: 1. MONEY enters market 2. Price corrects and enters into sideways movement. (Stage 1) 3. Price begins breaking out of stage 1 and delivering into stage 2

submitted by /u/Jakster667 to r/Forex
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