dee718

ETHUSD 28 MAY 2022 (birds eye, review)

Short
BITFINEX:ETHUSD   Ethereum
Buying into this situation would be like trying to swim in the opposite direction of Niagra falls. You always want to go with the background, not against it. Unless you have billions of dollars involved, you nor I little people are moving the market. Institutions move the markets, not retail traders on their laptops.

These institutions are composed of highly educated finance personnel. They have the most up to date/state of the art automation. They have a collective hundreds of years of experience. They also have million-billions of dollars at stake. Do you think they are in this game to lose? No they are indeed not.

Your best defense it to learn supply and demand trading. VSA, Wykoff.... thats is where to start. Understanding volume is very important to even stand a chance against this apparatus. Volume is the one clue they give us and teh majority of people do not take advantage of it.


Sources of education:
Richard Wyckoff
Tom Williams Volume spread analysis VSA/ Master the Markets
Pete Faders VSA*

Sam Seiden (supply and demand)
Read the ticker dot com
Wyckoff analytics
PsychFX
MentFX
Element 15 trades (bitchute/odessy)

Avoid buying into weakness/supply/resistance
Avoid selling into strength/demand/support
Avoid entry when price is in middle of a range (phase B)
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