Navin Prithyani Says the Charts Are Only There for Traders

tastytrade18 hours ago16:00

Navin Prithyani founded Urban Forex in 2009, and he opens with a claim that lands sideways: charts exist only for traders. The big players and the brokers filling their orders are looking at quantities and prices on a desk, not candlestick patterns, so getting lost solving a chart design means missing the actual game, which is order flow. His alternative to predicting is what he calls outside trading, reading the behavior around information rather than guessing the outcome. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 00:00 Meet Navin Prithyani 00:45 Who are charts actually for 01:50 Outside trading, not predicting 02:40 Context is all about orders 04:20 How to spot who is trapped 06:20 Why timeframe is an illusion 07:20 The money spot illusion 09:20 How manipulation forces the sells 10:40 Reading desperation in the fills 11:50 Trading around intervention risk 13:20 His playbook and where the flow is #tastylive #tradingtrends #navinprithyani #urbanforex #orderflow #priceaction #tradingpsychology #forex #optionstrading #stockmarket tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.