It's better to learn about trading techniques if you want to make it your profession. No doubt trading is one of the best profession in the world which helps you to earn easy income.
Trading is also known as ATM machine because you can make more money when you are expert in trading.
There are many techniques about trading which you must learn. One of the best videos where you will find in YouTube is the ICT which explain about different techniques of how you swim with whales and keep on earning money with trading.
One of the best things which I learn about trading and I consider it must to share with you guys is fair value gaps.
This is one of the best component in trading which will help you take suggestions whether it's time to buy or sell. It's more preferred in the long time frame that you find FVGS.
Let me first explain what fair value gap is and how it is appeared in the chart. A large candle between the upper and lower candle is known as imbalance or FVG.
Let's suppose we have 3 candles and the middle candle has a clear body view and also there is no kind of wick which tested it before that is fair value gap.
There is more chance for the market to test this gap because there are more buying and selling pressure at this level.
Whenever you see any fair value gap in the long time frame one day or one week time frame. It is better to execute your trades there.
If the market is upside and you find fair value gap at low levels then its will be the best place to place a bid for buying.
Similarly when you see the market is low and there's a huge fair value gap at upside then it will be the best time to place your bid at that upper level which will help you sell your positions at a good profit.
This is how the mechanism of fair value gap works and I hope this post will be informative.
THANK YOU!
