recognizing changing volatility to adjust your expectations regarding targets, corrections and entries.
looking at early clues that gold would change direction... and that bitcoin was transitioning quickly once the market started showing bigger bars and swings.
10.24.19 I am making the point that narrow range markets are much hard to make money than broader range markets. I should have said it more clearly>>>going long in a trending swing that comes down to structure is MUCH easier to trade than trying to find a reversal on a bullish market because bullish markets are more likely to try to retest the high. ( one might...
10.15.19 It is important to recognize the kind of market you are in. It changes everything. Most traders probably do not recognize prominent behaviors many times...and this will lead to misreads of the market, poor judgment regarding trade entry, targets, and even miscalculating the most likely direction of the market. There are some markets where oscillators...
Bearish market versus a market expanding higher.
Price action; head and shoulders; what "structural" means to me; fib ext; range boxes
Discuss wash and rinse patterns, start discussion of bear and bull traps, and bring up structure as a prelude to future discussions.
What could happen to bitcoin; changing your paradigm.
Handling a short entry differently than a long entry. Trading price action is different than trading line patterns, Fibs and structure.
The importance of modifying target objectives as markets contract ( or expand ).
Many times you have a good idea "if" the market does something else first. Not always easy to make a trade decision when this happens.
How to handle difficult trades.
Need to know what a market does not do...not just what it does. Think in terms of buyers AND sellers in every trade. Markets are constantly transitioning and expanding and contracting and it helps to be cognizant of this.
video explains the significance of recognizing contracting markets.
the importance of understanding how markets expand and contract and how this helps find higher probability trades
'Pilot video for me. Knowing when to look for buyers and sellers EARLY with various charting techniques. I ran out of time, if interested in follow up, please let me know.