How to study properly
As ๐งต ๐งต
(Read till the end)
Provided that you're not a pattern trader under the guise of being logical!! Believe me the previous sentence ain't to shade any strategy but to make sure you understand what I mean by...
As ๐งต ๐งต
(Read till the end)
Provided that you're not a pattern trader under the guise of being logical!! Believe me the previous sentence ain't to shade any strategy but to make sure you understand what I mean by...
Logic based trading!! Here you want to understand price movement with reference to factors that influences it's movement and no pattern can show you that.
Moving further, when studying price all I want to do is study a whole price week while asking myself these three ....
Moving further, when studying price all I want to do is study a whole price week while asking myself these three ....
Questions about price WHY,WHERE,WHEN,HOW.
(This thread go long ooo๐)
WHY, here you want to be able to understand why price made a certain move especially when it's significantly repetitive throughout the trading days you're studying. If you were able to present a common...
(This thread go long ooo๐)
WHY, here you want to be able to understand why price made a certain move especially when it's significantly repetitive throughout the trading days you're studying. If you were able to present a common...
Reason to why price made that move, put that down in a book you're getting somewhere. While you try to understand the why behind a move then other factors comes in play.
WHERE, you then start to look for where that kind of price delivery do happen in the perspective of ..
WHERE, you then start to look for where that kind of price delivery do happen in the perspective of ..
time-frames, levels zones etc.
HOW? You have to pay attention to how the price delivery was made with respect to "Liquidity,Time, Volume and Zone mitigation if you're the type that trades with zones" and how it ends.
WHEN, there are certain times some significant moves..
HOW? You have to pay attention to how the price delivery was made with respect to "Liquidity,Time, Volume and Zone mitigation if you're the type that trades with zones" and how it ends.
WHEN, there are certain times some significant moves..
Do happen in the market in terms of time by sessions or time of the day! That is why you see the time of news like NFP,FOMC,CPI and many more high impact news remains constant!! Why are those news not made to vary in time why does it come at specific time thought a trading year?
This is because to every significant move the time in which price is delivered is an important Factor. The Algo is designed to seek liquidity with respect to time!!!
In conclusion if you were able to figure out all of this then you made a great study...
In conclusion if you were able to figure out all of this then you made a great study...
Remember repetition is key pay attention to significant moves that repeats!! price algorithm is not random it repeats, that's why we can understand it! Pay attention to repetition in price delivery why taking note of your WHY,WHERE,WHEN,HOW! with this you'll study effectively.
At the end, do not deviate from your edge while you study, only study to refine them unless you don't have an edge.
@IjewemenFortune
@TraderDab
@thissdax
@TraderRozay
Study to show thyself approved of your actions!!
@IjewemenFortune
@TraderDab
@thissdax
@TraderRozay
Study to show thyself approved of your actions!!
HAVE A PROFITABLE TRADING WEEK!!
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