Curriculum› Module 3
Reading Charts
Candlesticks, timeframes, trend structure, support and resistance, what volume actually confirms, how to mark up a chart on this site, how to turn the markup into a planned trade, and a first session of fast practice in the replay trainer.
Candlesticks: what each one is telling you
A candle is four numbers and a story about who won the period, and who is now trapped.
Timeframes and how to stack them
The same chart is bullish and bearish at once. Which one you obey depends on the trade you are making, and you decide that before you look.
Trend, structure and the market cycle
Higher highs and higher lows is a definition, not an opinion. Structure tells you the moment it stops being true.
Support, resistance and how to draw levels properly
Levels are zones where real decisions were made before, not lines with magic properties.
Volume, participation and confirmation
Volume does not predict direction. It tells you how much to believe the direction you are already seeing.
Marking up a chart: drawing levels, trendlines and Fibonacci
A clean chart with three lines beats a cluttered one with thirty. Here is what to draw, and how to draw it on this site.
Task: mark two zones on a daily chart
Draw two support or resistance bands with the Zone tool on any daily chart. The site checks that both are saved to your account.
Task: one trendline and one Fibonacci
Draw one Trend or Ray through two swings and one Fib across a clear move, on any market and timeframe. The site checks both are saved.
From chart to trade: planning a trade in the simulator
A trade is four prices decided before you click: invalidation, entry, target and the size that ties them together.
Task: place a planned entry with a stop
Rest a Limit buy at a zone from your markup and a Stop sell below it. The site checks that both resting orders exist.
Task: trade a hidden market in the replay trainer
Take at least five practice trades on a past market with the future hidden, each with a stop and a target, and save the session. The site checks the saved session.