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You need to start looking at the market in a more ‘streamlined’ way, without overcomplicating things: the point isn’t to try and catch every single move, but to understand when the price breaks out of the range and how it reacts.
When you see a deviation – that is, the price temporarily breaking above or below the range – it isn’t immediately a signal to chase. It’s a piece of information. It’s telling you that there’s a demand for liquidity out there.
If that deviation is then repeated (double deviation), everything changes: it means that level has been tested several times and the market is clearly showing where it wants to react. That is the real confirmation.
At that point, you shouldn’t enter at random, but wait for the price to return and start forming a clearer structure. That’s when it makes sense to switch to a shorter timeframe and look for a more precise entry, without forcing it. (Rarely test it first if you want to do so with a small position size)
This way of reading the market always applies, whether you’re looking for a long or a short. The concept doesn’t change, only the direction: above, you work from a bearish perspective; below, from a bullish perspective.
In practice, stop chasing the price and start working on these extremes: that’s where the market becomes much clearer and gives you simple invalidations.
@eliz883 Would that friendly Italian trader check on this friendly Belgian girl?
Because I check on you each and every day for a long time now. 😊
And yes, I learned a lot. Ty Eliz!
$BTC If you want to trade, only do so on clear confirmations or at low TMF levels, where your risk is limited and you can trade with confidence.
The directionality in the macro is really impossible to understand here (ignore anyone who tells you otherwise, they don't know what they're talking about).
Gn, sleep peacefully and tomorrow I'll see if I get any good trades.
@eliz883 Eliz,
Just trying to get your attention. In life there are givers and takers. I always gave all I could. Now that I am in need, everybody disappears. It gives me a bad feeling, like I am a begger.
Would love to spend Xmas with my daughter, with your help. ❤️ Thank you Sir.