traider

There is no randomness when the market is decisive (forex anyways is all I can commen on as that is the one I have upskilled on.) You can read market structure and even order flow out of the candles. However, that takes many years (4 for me) of observing the candles and a few eureka moments. A bit like riding a bike....a process of long contemplation. It can be done...it just takes lots of work and basically, is not something anyone can teach (candles that is, I can't speak for the other approaches commented on in this thread.) Once you get to this point, you have basically cracked it.

Support and resistance basically. I have a raft of complex rules that I have gathered from years of observing the markets (forex specifically) involving which candles and sets of candles are safe entries. Market tops and bottoms, I have found, are made up of only a few candle sets that repeatedly present. However, a candle or candle set must meet precise criteria before I will use it/them.

Thanks. I trade purely through my charts (quite successfully in fact) but there's a significant degree of discretion involved.

Did they use TA/charts?

Absolutely! There is no room for approximation with charts. Either you know them thoroughly and that takes time or else you are in for a hiding. I use nothing but candles. Its enough knowing the times when news is breaking, the charts tell me the rest. Yesterdays Euro buy was fairly obvious for me. However, I can't emphasise time and diligent application enough. And a good dose of lateral thinking.