Time & price are significant. The market is trading sideways which is allowing in more time so more opinions are being made in the market. Now, it's a matter of time until we see how price action reacts around our points of interest.
I love losing in the market because I'm only learning and growing. Don't get caught up in your wins. Your losses will define who you are later down the road. Especially through your journey of trading. This is a trade I lost. I wasn't up at 10am and that's my fault. I set a limit and was wicked out. The great part about losing is RISK MANAGEMENT. Whether you have...
Understand that you can make a tremendous amount of money in the market in 10 mins, 1hr, 4hrs. It doesn't matter. So, why are you uneducated and buying stocks because they're "discounted." Really. Trading is very simple. You want to hold something for a period of time, lets say a couple months. You make out a very good percentage, but it took you months instead of...
Price has came back to the candle that we have marked up, our institutional candle. What determines an institutional candle is the accumulation before it and the reaction after its taken. We look at this and we see how accumulation has been brought to your attention again and than cleared once again. Then we get our reverse in price action. With market structure...
Lets take a look at EURCAD. We see we have Imbalance that needs to be filled in which is marked. We also see the market come into our imbalance and fill it in and than leave. Not only did it fill our imbalance but we look left to get right. Look at the accumulation that was built up and than taken out before reversing. HINT: that's why I've marked that candle. The...
