Where can i learn how to interpret the following information

[bogdy23]

Market AUDUSD

Preferred direction – Neutral

Immediate zones of interest -7205 is a resistance level.

7265-7310 is the resistance zone

Target areas – 7220 is now the immediate bullish target

7200 is the bearish target

Change in opinion – Below the 7100 and we move back towards a bearish
driven market with bears in control and USD dominating again. A move
back above 7310 and once again the team will favour the bulls coming in
to send this market higher.

Commentary -The bottom of this market has now broken and we do respect
the potential for USD bulls to send this market lower and back towards
long term bearish targets. The team remain trading this tight market
range though we now favour the bears, looking to trade lower from key
fibo levels and resistance. The team now put together trend lines, fibo
levels, 00 numbers and the USD strength to help send this market lower.
From the 7300 we continue to favour a move lower, adding to short
entries at 7200 and then 7265-7310. Only above this area would we switch
back to a neutral market and stance

Hello im trying to find out where i can learn to interpret this kind of information what should i read and please dont give me the whole forum i dont have the time

 

[AsstModerator]

If there are specific parts you don't understand, please post what those are. If the whole thing makes no sense, then you really should take the time to go through Forex Military School.

 

[bogdy23]

The first part can someone help me undestad where i put my entry point and where my exit?

 

[bigdolly]

Market AUDUSD

Preferred direction – Neutral

Immediate zones of interest -7205 is a resistance level.

7265-7310 is the resistance zone

Target areas – 7220 is now the immediate bullish target

7200 is the bearish target

Change in opinion – Below the 7100 and we move back towards a bearish
driven market with bears in control and USD dominating again. A move
back above 7310 and once again the team will favour the bulls coming in
to send this market higher.

Commentary -The bottom of this market has now broken and we do respect
the potential for USD bulls to send this market lower and back towards
long term bearish targets. The team remain trading this tight market
range though we now favour the bears, looking to trade lower from key
fibo levels and resistance. The team now put together trend lines, fibo
levels, 00 numbers and the USD strength to help send this market lower.
From the 7300 we continue to favour a move lower, adding to short
entries at 7200 and then 7265-7310. Only above this area would we switch
back to a neutral market and stance

Hello im trying to find out where i can learn to interpret this kind of information what should i read and please dont give me the whole forum i dont have the time

One important note - regard it not as a prophecy, its just an OPINION. And reading such stuff makes me sick as it looks like a nonsense. Learn how to interpret news you see on bloomberg etc. and make your own forecasts rather than trying to understand or follow this.

 

[EuroTrader]

One important note - regard it not as a prophecy, its just an OPINION. And reading such stuff makes me sick as it looks like a nonsense. Learn how to interpret news you see on bloomberg etc. and make your own forecasts rather than trying to understand or follow this.

Whenever we are doing big trades it is important to look at the news before doing our trades. This will give us an opportunity to do our trading with a good income