Price doesn't move RANDOMLY.
It constantly transitions between different conditions.
I call this "The Price Mechanism"{Phases of price delivery}:
Consolidation → Expansion → Retracement → Continuation → Reversal
Understanding the phase you're in can change how you read a chart.
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Phases of price delivery;
1) Consolidation
2) Expansion
3) Retracement
4) Continuation
5) Reversal
I'll be making a thread on it very soon, like, comment, repost and follow so I'll be motivated to drop more threads on price mechanism
You tried to counter trend trade from a major demand zone, incase of next time, put the SL way below the low causing the trend change, it's because counter trend is different from normal continuation and way more manipulative, then you can extend the TP or just settle for anything the market presents itself
Just a tip from my own experience bro
Just got a $25k prop account, nothing much to say except I'll be documenting the entire journey right here with you guys
Payout will be certain😌
Let's go 🔥🔥🔥
Just got a $25k prop account, nothing much to say except I'll be documenting the entire journey right here with you guys
Payout will be certain😌
Let's go 🔥🔥🔥
Good morning, traders.
A new week, a new market, a new opportunity.
Don’t chase the market, don’t force trades let price come to you. Your job isn’t to catch every move it’s to recognize your setup, execute your plan, manage your risk, and stay disciplined.
Protect your capital, trust your process. Let the market do the rest.
Trade smart, stay patient, make this week count.
Good morning, traders.
A new week, a new market, a new opportunity.
Don’t chase the market, don’t force trades let price come to you. Your job isn’t to catch every move it’s to recognize your setup, execute your plan, manage your risk, and stay disciplined.
Protect your capital, trust your process. Let the market do the rest.
Trade smart, stay patient, make this week count.