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Trading Lab · Lesson 1 of 6

Indicators & Context

Ten concepts taught the way we teach them in the room: plain talk first, the professional term second, an original chart to look at, then one question to check you actually got it. Candles, structure, levels, EMA/SMA, RSI, Bollinger Bands, MACD, VWAP, volume and top-down timeframes.

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Lesson 1

Trading Indicators: What They Mean and How to Use Them

Plain talk first, the professional term second, an original synthetic chart to look at, then one question to check you actually got it. Every diagram is labelled illustrative — no live market data.

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Concept 1 of 10

Candlestick / OHLC

Plain talk

One candle is one chunk of time, and it tells you four things: where price started, how high it got, how low it got, and where it ended.

Pro talk — the correct term

A candlestick plots the open, high, low and close (OHLC) for its period. The body spans open-to-close; the upper and lower wicks mark the high and low.

  • Body = open to close. Wick = high and low.
  • Colour convention only tells you whether the close was above or below the open.
  • A long wick means price traded there and got rejected — participation, not prophecy.

Candle anatomy

Illustrative / Not Market Data
HighCloseOpenLowClose above openClose below open

Honest limit: A single candle is one period of information. It does not tell you what the next candle does.

Check me

Which four prices does a single candlestick record?

Checkpoint

10 questions. 80% to pass.

One correct answer per question, with an explanation the moment you choose. Passing unlocks the next lesson and confirms you understand the material — it does not make anyone a profitable or certified trader.

0 of 10 answered · 80% passes lesson 1

  1. Question 1

    Why does a stock's price move?

  2. Question 2

    Which pattern of price structure describes an uptrend?

  3. Question 3

    What is the main difference between an EMA and an SMA?

  4. Question 4

    RSI on your chart reads 74. What does that tell you?

  5. Question 5

    Volume measures what?

  6. Question 6

    VWAP stands for the volume-weighted average price. What is it?

  7. Question 7

    What is support?

  8. Question 8

    What is your invalidation point?

  9. Question 9

    Your maximum planned risk is $20 and your risk per share is $0.50. What is the position size?

  10. Question 10

    What is the correct order of the trade-building process?

Next step

Pass this checkpoint to unlock lesson 2: Price Action.

Go to lesson 1 checkpoint