Ok so I’m going to use gbpusd again as an example of what not and what to do, how to see price through the eyes of the market hunters and how to know when they move so you can be on the right side
So again I said in my other post on gbdusd I’m bullish on this pair for reasons I’d explained yet I doubt it’ll sell a reasonable amount that is worth the risk of entering the market .... still I’m not saying I’m right or wrong I just see stronger reasons to not sale but outside of that let’s focus on hunts that will most likely be played out here a informed trader will see right of the back n this is the other reason why I’m not inclined to sale at least now
So becoming a trader that what’s to think like the makers we have to see potential ways to stop and catch retail traders. This must be our first Counter thoughts when we look at a pair
So Here we see a long bearish wave with a piece of flesh Hanging from the blood.. now what is the first thought of 99% of traders. Oh it’s already dropping let’s wait for a pullback and sell the pullback. Agreed.?
Now let think on this we can’t really think that they are going to leave the market in its current condition and sell as is. Thinking this way will only lead to losing . But how will this benefit them? Everyone in their momma is waiting to sell after a failure of retest at resistance.
So what Am I’m saying?
I’m saying leave this pair as is any sales signs will most likely be a fake out. And we need to see the Fake out play out with bullish recovery to buy or even to continue to sell.
Let’s look at the chart
As we see the market is pulling back .
Now at the dotted green line is resistance, there will be sellers there waiting for price to fail going up there so they can catch a pullback. (They know this). And this is why it is key to not engage in any first pullback especially when it looks like the ideal easy trade. Cause this is what happens most of the time as first pullbacks fail too often
So the pullback is sold price sells but then hit support with shoot price up. Those newly sellers just got stopped. Now they try to buy N get their money back and other traders try to pick a bottom they buy Also only to get stopped as the market goes back down . This action stops every new trader out and only the ones who held the sell orders are in and buyers who brought the low. The market will do this as a correction. We must note there isn’t any correction yet. A market has to correct itself. Thus we wait for that correction. This correction comes in a form of a market m..
Now if we are going to sell what do we want to see
We want to see price break the green line at c
And then a quick bearish response with a reversal Candle showing rejection at the high. Here is where we’ll sale As the rejection will break back down.
Now if we want to buy
We must wait for c yet we want to see strong momentum wider candles in the bulls direction showing us the bull has taking the market once we see this we wait for the pullback break off of the green line . From c to the green line. We buy here or a lil below as we may have a trap low meaning price will break below the green line only to reversal and shoot up.
HOW TO TRADE LIKE THEM-
So again I said in my other post on gbdusd I’m bullish on this pair for reasons I’d explained yet I doubt it’ll sell a reasonable amount that is worth the risk of entering the market .... still I’m not saying I’m right or wrong I just see stronger reasons to not sale but outside of that let’s focus on hunts that will most likely be played out here a informed trader will see right of the back n this is the other reason why I’m not inclined to sale at least now
So becoming a trader that what’s to think like the makers we have to see potential ways to stop and catch retail traders. This must be our first Counter thoughts when we look at a pair
So Here we see a long bearish wave with a piece of flesh Hanging from the blood.. now what is the first thought of 99% of traders. Oh it’s already dropping let’s wait for a pullback and sell the pullback. Agreed.?
Now let think on this we can’t really think that they are going to leave the market in its current condition and sell as is. Thinking this way will only lead to losing . But how will this benefit them? Everyone in their momma is waiting to sell after a failure of retest at resistance.
So what Am I’m saying?
I’m saying leave this pair as is any sales signs will most likely be a fake out. And we need to see the Fake out play out with bullish recovery to buy or even to continue to sell.
Let’s look at the chart
As we see the market is pulling back .
Now at the dotted green line is resistance, there will be sellers there waiting for price to fail going up there so they can catch a pullback. (They know this). And this is why it is key to not engage in any first pullback especially when it looks like the ideal easy trade. Cause this is what happens most of the time as first pullbacks fail too often
So the pullback is sold price sells but then hit support with shoot price up. Those newly sellers just got stopped. Now they try to buy N get their money back and other traders try to pick a bottom they buy Also only to get stopped as the market goes back down . This action stops every new trader out and only the ones who held the sell orders are in and buyers who brought the low. The market will do this as a correction. We must note there isn’t any correction yet. A market has to correct itself. Thus we wait for that correction. This correction comes in a form of a market m..
Now if we are going to sell what do we want to see
We want to see price break the green line at c
And then a quick bearish response with a reversal Candle showing rejection at the high. Here is where we’ll sale As the rejection will break back down.
Now if we want to buy
We must wait for c yet we want to see strong momentum wider candles in the bulls direction showing us the bull has taking the market once we see this we wait for the pullback break off of the green line . From c to the green line. We buy here or a lil below as we may have a trap low meaning price will break below the green line only to reversal and shoot up.
HOW TO TRADE LIKE THEM-
