Frameworks
(basic & advanced)
To profit consistently over time, a trader needs to be able to do 3 things:
- Make sense of economic trends and global investor sentiment
- Determine the context of price (whether it’s ‘high’ or ‘low')
- Interpret price action and take, manage and close trades accordingly
Here’s what the basic framework looks like:
Here's what the framework looks like when all the extra bits are added:
It can sometimes be a little overwhelming to look at the entire framework as one big system…
… which is why I look at each component within the framework as it’s own independent self-contained “node”.
Market fundamentals are a node … but within this node are independent su