mmenaysto

mmenaysto

Let us see if the pair would rally to retest the AR schematic and back down to the Spring or LPS zone, then from there on, I will be certain it's a LONG pos!

mmenaysto

I am certain that we are still in a supply zone, therefore, there is no clear confirmation of shorting just yet. #PhaseCWyckoffianTrader

mmenaysto

Proper risk management plays a major role in the success of a trader. Had to experience the impacts of not applying it, to know its vitality. 3 positions.

mmenaysto

This here trade is a clear illustration of the dangers of taking many positions. Account blew before market headed for the predicted direction. LESSON: You are not invincible on the financial markets

mmenaysto

Okay, so the market actually played out according to the expectations given at almost perfect timing. Check previous idea post!

mmenaysto

Last week I sketched out how Nasdaq may play out, however it did not play as to the expected timing but the anticipated direction was finally followed. Now, on this week's new episode ; ) ... we will see if the turn of events will be as of those illustrated here.

mmenaysto

Now this here chart, the schematics may not be clear but its of the same nature. An entry was taken after a LPSY was identified

mmenaysto

This illustration shows a journey to finding a short spot in wyckoff even though set back was encountered

mmenaysto

A short position on an M30 Chart with minimal risk but the final secondary test took a while to accumulate , however, trades could be entered just right at the ST near the UTAD with but the entry is not satisfying because the ST was very close to the UTAD

mmenaysto

An accumulation schematic of show events that influence the market to take structure after the demand zone

mmenaysto

The first trial of the Wyckoff model. I was using the simple PSY break to establish an AR then establish my bc, st, UT, SOW, and UTAD just before making an entry at the ST by the UTAD area, A Rally base Drop zone was regarded as an entry guide and to minimize risk.