#PriceAction
Reversal Pattern
Quick write up/examples on a commonly used reversal setup that I tend to look for.
Criteria is as such:
-Low forms
-Price Deviates/Sweep below the low
-MS Shift
-Test of formed Breaker/Demand
Examples attached.
Hope it helps!
Movies for Traders to watch whilst isolated:
- Wall Street
- Wolf of Wall Street
- The Big Short
- Trading Places
- Margin Call
- Boiler Room
- Enron: The Smartest Guys in the Room
- Glangarry Glen Ross
21 and Molly’s Game - Gambling rather the trading.
Any more??
*Thread*
Over the past 2 months I've been trying to make good on my New Years resolution (yes, I try to stick to them).
As a full time trader, the resolution was to spend less time idly at a screen and to change my trading approach as I don't believe they can work together.
Absolutely crushed it.
Live trading the RBNZ interest rate announcement for a quick and easy 8R in 3 minutes 🥳
Called in the trading room.
https://t.co/bsFtpumrwW
Impressed with everyone's responses.
This is a great live example of playing the manipulation.
Confirm your traditional chart patterns with broken bases.
@_SMFX_ I am really trying to get deeper in to your strategy and understand it fully but so far it helped me understanding price action concepts a lot better!Have to do more though lol Thanks
Retweets and feedback appreciated. 😁
THREAD pt1)
My full thought process while trading $EURUSD over the last 2 weeks. (All positions called in advance on Twitter & Discord)
W/ some key points to take away
- Develop a higher TF bias