Zoso

[Leo @LeoTheTiger]

Absorption Part II

In the last video / thread we covered the mechanics of what’s happening when absorption is occurring. The DOM was used to help visualize what is happening “under the hood”.

But, do you need a DOM to find absorption?

Nope. 🧵

[Leo @LeoTheTiger]

Absorption when properly understood and executed on is an approach that uses specific criteria to that gives a great trade setup.

You may hear the term “trapped traders” and while this name is fun and catchy I don’t really subscribe to the idea...

Lets' do a run down.

[Zoso @Zzetso]

@CFTradercom @ishowsize @hellspawncrypto

[Tyler @TylerDurden]

Gm winners

[Zoso @Zzetso]

@luckychartape What does exactly "reclaim" mean?

[Zoso @Zzetso]

@luckychartape LFG

[Robot James 🤖🏖 @therobotjames]

How to make money trading, as a random d!ckhead.

Trading requires us to buy things cheaper than they should be / sell things richer than they should be.

But how could I, some random guy from New Zealand who trades in his underpants, know what things should be worth?

[Prop Trader @RealPropTrader]

HOW TO IMPROVE AS A TRADER

All of trading comes down to this simple statistical formula

EV = (Win rate * size of winner) - ({1-win rate} * size of loser)

As long as your trades are +EV, your edge will play out over a large enough sample size

Here’s an exercise you should do

[Zoso @Zzetso]

@cubansedge Zzetso

[XO @Trader_XO]

@TraderMercury Quality mate 👌

[Zoso @Zzetso]

@kingfisher_btc @52kskew @Solokov_Sats

[huss 🌊 🟦 @Husslin_]

6/6 Finally, the left curve approach: we hit a psych price point of 25k BTC/2k ETH. But we did it during a window of weakness (VIX opex), in which vanna/charm flows are going to be muted, and that trapped OI in crypto is no longer getting bailed out every London open or 10am ET

[Zoso @Zzetso]

@ColdBloodShill Nice, what do you use as a trigger when you spot a div?

[Zoso @Zzetso]

@godcomplex96 I hope I'm not being too salty😅

[Zoso @Zzetso]

@godcomplex96 Dunno, structure flipped bullish during 7-11 Feb range, hasn't it?

[Zoso @Zzetso]

@godcomplex96 What makes 46k a magic number?

[Zoso @Zzetso]

@Lorovolo @BasedFloridian @ASBMilitary They weren't even able to cross the middle east, lmao

[Zoso @Zzetso]

@ASBMilitary @insiliconot Lol. I'm literally from Ukraine and there literally is the war, and we're literally kicking Russian ass.

[Zoso @Zzetso]

@insiliconot Btw, you should try war some day. Feels better than a line of coke😉

[Zoso @Zzetso]

@davidbelle_ Just grab Molotov's cocktail first, cuz we don't have enough guns xD