HOW TO TRADE LIKE THEM ! CORRECTING MISEDUCATION
Ok let’s look at gu price action wise to understand what price is telling us.
But I want you to slowly start TRASH the typical methods you was taught even if it works! Why? Cus the market makers knows how traders trade what traders pay attention to how traders see and analyze price thus they will give you a bone to keep you around looking at the table like a dog waiting for scraps
I’ll link how to draw channels correctly to this as its ultra important to do this right to be able to read price right!
Now after looking at that link it easy to see gu Is in a struggle to go high and we can see they are buying the low.
Now keep this in mind as it’s is important and understanding what must be done to bring gu up!
So what must be done? I ask of you?
The market must created a fake out to make Space for them to execute their volume.
Now you must always keep this in mind as you trade. Why? Cuz it how the game is played FACTS! there isnt any other way it’s that simple! So before you go in say oh theirs a wedge or triangle you need to say to yourself WHY is this here? what the reason for it? Is it a signs or strength or weakness and being bullish or bearish has nothing to do with price direction
And then you next thoughts should be how will the 99% trade this? And next will be is this fish food for the bait or will they give the guppies a pass!
Now that’s out the way
Let’s look at price action to understand what price is telling us
So firstly let understand chart patterns and why I tell traders not to bother with them but focus on price action
Chart pattern are counter reversal
This means they are made to manipulate the massive and price usually fails. Or go out in fails soon after Come to think of it look at gold! Everyone went right n I went left. I’m in that trade from the start of the failed breakout as I had an order there before it even happen
So now I’m not saying don’t trade pattern you can hit on them but understand them what the do and mean and see if price action agrees with it.
So how can we tell if price action agrees with it.
Well we always look to the left if the market is struggling then why would we trade a pattern in that struggle direction .?🤔 if price is struggling then 9/10 the pattern is also.
So next what is a struggling pattern?
A struggling pattern is a pattern that has this certification
Small candles in the pattern
Wick in the pattern. ( wicks should be outside the pattern showing price is being rejected and forced within and being contained within the pattern) - this is extra important!
This is equal size and shape of both sides candles- this shows a balance of aggressiveness.
If the pattern is in a bullish trend we don’t won’t to see bears dominating the pattern🤦🏾♂️
Now if the market is in an uptrend and there’s nothing but red candies in the pattern. Why would you buy it same as in a downtrend
Ok let me pause for a min to clear something up. No one is right all the time and it’s not about this it’s about being able to think logically behind price and this is what most traders lack and thus is the only reason why I bother cuz I’m wining as is just cuz I choose to think and not be a herded sheep
Ok let’s continue
Now I want you to remember this
The players has to make room for their volume
So what will they most likely do here. Now notice the big wick candle
What do this actually mean and tell us?
It tells us that there was aggressive buying and selling thus this area has high liquidity!
So what will the players do?
They will take out that wick to hit that zone
How will this be done?
By creating a buy making traders places their sl in the direction they want to go!
As this will give them the exchange of good service that the market need to continue in the desire direction.
HOW?
so when you buy they sale it to you! Every buy order is replaced by a sale!
Now when the move is started sl are triggers and then everyone follows increasing the momentum
And what happens next?
Ppl see it and hope on the wagon as most traders are reactive and not proactive
This means they trade after the market gives them signs. Well by time this happen your too late the players did their thing and are now buying what they just sold to you!
So let cont.
Now ppl see it right they jump on and then those who got stomped jump on too now everyone is selling and what are they doing? They are now buying your sell order to have volume to send the market up!!
Lol 😂
You have to start becoming proactive traders and start thinking about what price will do and why to understand the market you have to question what you see and look to the left for answers. As looking to the left gives you all that you need.
Now let’s look to the left
What do we see
Let me show you
Now look at the orange trendline
Price in n a w pattern
Now one may say well w patterns are bullish. True and false
Their are bullish m patterns as well. So how we know the difference?
Well bullish w will always diverge
But pay attention here
A w or m pattern strength is within the necktie!
Thus when the necktie is reaching the legs this is a signs of weakness in the current direction
It’s a channel market correction and shows that the player are currently not interested in that direction n price will correct. Now it’s not a reversal signs it’s just showing lack of current momentum!
As we see the w is more of a ranging channel I call it
So let me explain what a ranging channel is
It’s when price is actually ranging it’s not making in real higher highs or lower low. Hint exhibit A. Price is making a snake like pattern and not a w.
Note how the pullbacks are deep and and equal the rise!
This isn’t a trending state.
Now I ask you to ask yourself what is a trending state?
Is it just higher high and higher lows etc?
No!
A trend is judge by its pullback only fam not buy its propellers.
Why?
Cuz most trades look at higher highs etc and neglecting what makes a trend market out of simply being miseducation. the players are professional at stumping the #### out of you. It’s how they get it done!
A trend is judge by its pullbacks
So let me drop this last diamond 💎 on you and all I ask Is your likes as currently we are starting in talks of starting an academy.
So a trend pull backs must have this if it don’t then it’s not trending, don’t trade it sit on the side and wait as the key to wining is just waiting and watching believe me you ain’t missing out on nothing n it taken me some time to understand this and when I did I’d notices my trading improved
Here what you look for finally . Sry
1. The pullback retrace time must be longer. Ex if price goes from a to c with b being the retrace price must move back to b from c slower than it did going from b to c
2. The volume is weaker
2. Theirs less trending candles within the wave thus the pullback is more choppy
Now putting this all together
We can see that the market isn’t moving
We can see where the liquidity is at
Now we know what must be done to hit it and what this will do who will benefit and who will bleed
We see the choppy range
We see the range channel
Now we increases our odds in market direction proactively dramatically.
HOW TO TRADE LIKE THEM-
LIKE SHARE FOLLOW!
CORRECTING MISEDUCATION
But I want you to slowly start TRASH the typical methods you was taught even if it works! Why? Cus the market makers knows how traders trade what traders pay attention to how traders see and analyze price thus they will give you a bone to keep you around looking at the table like a dog waiting for scraps
I’ll link how to draw channels correctly to this as its ultra important to do this right to be able to read price right!
Now after looking at that link it easy to see gu Is in a struggle to go high and we can see they are buying the low.
Now keep this in mind as it’s is important and understanding what must be done to bring gu up!
So what must be done? I ask of you?
The market must created a fake out to make Space for them to execute their volume.
Now you must always keep this in mind as you trade. Why? Cuz it how the game is played FACTS! there isnt any other way it’s that simple! So before you go in say oh theirs a wedge or triangle you need to say to yourself WHY is this here? what the reason for it? Is it a signs or strength or weakness and being bullish or bearish has nothing to do with price direction
And then you next thoughts should be how will the 99% trade this? And next will be is this fish food for the bait or will they give the guppies a pass!
Now that’s out the way
Let’s look at price action to understand what price is telling us
So firstly let understand chart patterns and why I tell traders not to bother with them but focus on price action
Chart pattern are counter reversal
This means they are made to manipulate the massive and price usually fails. Or go out in fails soon after Come to think of it look at gold! Everyone went right n I went left. I’m in that trade from the start of the failed breakout as I had an order there before it even happen
So now I’m not saying don’t trade pattern you can hit on them but understand them what the do and mean and see if price action agrees with it.
So how can we tell if price action agrees with it.
Well we always look to the left if the market is struggling then why would we trade a pattern in that struggle direction .?🤔 if price is struggling then 9/10 the pattern is also.
So next what is a struggling pattern?
A struggling pattern is a pattern that has this certification
Small candles in the pattern
Wick in the pattern. ( wicks should be outside the pattern showing price is being rejected and forced within and being contained within the pattern) - this is extra important!
This is equal size and shape of both sides candles- this shows a balance of aggressiveness.
If the pattern is in a bullish trend we don’t won’t to see bears dominating the pattern🤦🏾♂️
Now if the market is in an uptrend and there’s nothing but red candies in the pattern. Why would you buy it same as in a downtrend
Ok let me pause for a min to clear something up. No one is right all the time and it’s not about this it’s about being able to think logically behind price and this is what most traders lack and thus is the only reason why I bother cuz I’m wining as is just cuz I choose to think and not be a herded sheep
Ok let’s continue
Now I want you to remember this
The players has to make room for their volume
So what will they most likely do here. Now notice the big wick candle
What do this actually mean and tell us?
It tells us that there was aggressive buying and selling thus this area has high liquidity!
So what will the players do?
They will take out that wick to hit that zone
How will this be done?
By creating a buy making traders places their sl in the direction they want to go!
As this will give them the exchange of good service that the market need to continue in the desire direction.
HOW?
so when you buy they sale it to you! Every buy order is replaced by a sale!
Now when the move is started sl are triggers and then everyone follows increasing the momentum
And what happens next?
Ppl see it and hope on the wagon as most traders are reactive and not proactive
This means they trade after the market gives them signs. Well by time this happen your too late the players did their thing and are now buying what they just sold to you!
So let cont.
Now ppl see it right they jump on and then those who got stomped jump on too now everyone is selling and what are they doing? They are now buying your sell order to have volume to send the market up!!
Lol 😂
You have to start becoming proactive traders and start thinking about what price will do and why to understand the market you have to question what you see and look to the left for answers. As looking to the left gives you all that you need.
Now let’s look to the left
What do we see
Let me show you
Now look at the orange trendline
Price in n a w pattern
Now one may say well w patterns are bullish. True and false
Their are bullish m patterns as well. So how we know the difference?
Well bullish w will always diverge
But pay attention here
A w or m pattern strength is within the necktie!
Thus when the necktie is reaching the legs this is a signs of weakness in the current direction
It’s a channel market correction and shows that the player are currently not interested in that direction n price will correct. Now it’s not a reversal signs it’s just showing lack of current momentum!
As we see the w is more of a ranging channel I call it
So let me explain what a ranging channel is
It’s when price is actually ranging it’s not making in real higher highs or lower low. Hint exhibit A. Price is making a snake like pattern and not a w.
Note how the pullbacks are deep and and equal the rise!
This isn’t a trending state.
Now I ask you to ask yourself what is a trending state?
Is it just higher high and higher lows etc?
No!
A trend is judge by its pullback only fam not buy its propellers.
Why?
Cuz most trades look at higher highs etc and neglecting what makes a trend market out of simply being miseducation. the players are professional at stumping the #### out of you. It’s how they get it done!
A trend is judge by its pullbacks
So let me drop this last diamond 💎 on you and all I ask Is your likes as currently we are starting in talks of starting an academy.
So a trend pull backs must have this if it don’t then it’s not trending, don’t trade it sit on the side and wait as the key to wining is just waiting and watching believe me you ain’t missing out on nothing n it taken me some time to understand this and when I did I’d notices my trading improved
Here what you look for finally . Sry
1. The pullback retrace time must be longer. Ex if price goes from a to c with b being the retrace price must move back to b from c slower than it did going from b to c
2. The volume is weaker
2. Theirs less trending candles within the wave thus the pullback is more choppy
Now putting this all together
We can see that the market isn’t moving
We can see where the liquidity is at
Now we know what must be done to hit it and what this will do who will benefit and who will bleed
We see the choppy range
We see the range channel
Now we increases our odds in market direction proactively dramatically.
HOW TO TRADE LIKE THEM-
LIKE SHARE FOLLOW!
CORRECTING MISEDUCATION
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