I have 3 HTF charts that I basically treat like a book.
I map the PA or accepted views in the order they happen, just like chapters - this helps to shape my bias and thought process around the HTFs.
My bearish bias and Dan Pena posting began again after losing $45,000.
I map the PA or accepted views in the order they happen, just like chapters - this helps to shape my bias and thought process around the HTFs.
My bearish bias and Dan Pena posting began again after losing $45,000.
If we begin writing bullish "chapters" by making significant bullish breakthroughs, I change bias - as I did when we originally broke $45,000 (unfortunately)
I find this approach helps with swing positioning and spot exposure to the markets.
I find this approach helps with swing positioning and spot exposure to the markets.
Using this approach of noting the major bearish/bullish events that happen helps to create clarity amongst the noise of social media/discord.
I place more significance on recent events vs historical, which is why it reads more like a narrative of PA.
I place more significance on recent events vs historical, which is why it reads more like a narrative of PA.
I care about the PA and what levels we retest/reclaim/lose. I have some wider thoughts on general acceptance of levels/structure/mindset, but the only truth I know is the one the market paints in candles.
This approach helps me with clarity of thought based on these truths.
This approach helps me with clarity of thought based on these truths.
Basically if I look at this set of charts and the last "chapters" are bearish, I have my preferred direction to trade/position.
If they're bullish, I have my preferred direction to trade/position.
Perhaps helpful for some in removing the noise/disruption.
If they're bullish, I have my preferred direction to trade/position.
Perhaps helpful for some in removing the noise/disruption.
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