I am looking for price to simply pull back to the LLS and show signs of holding up. I couldn't care less which session entertains me g.

Mastering the Art of Trading

Hey Taurus, You are more than welcome here! g.

Mastering the Art of Trading

A 4H confirmation of the LLS holding up on Monday will surely help. But I agree, that first trouble area looks heavy. g.

Mastering the Art of Trading

No, its not necessary for the pros to push price higher and then sell it off. It doesn't make sense because they'll essentially be trading against themselves. An external stimulus or an internal rumor sucks one side of the liquidity resulting in ...

Mastering the Art of Trading

You'll know what I mean, when you go back to your charts and notice what usually ends up happening to major outbursts in either direction. g.

Mastering the Art of Trading

yeah, and besides the gap issue, the market when it opens for the new week, will need to position itself for the day and the week and will usually start off really slow at times, or go off with a bang! Either ways its better to be out of a trade ...

Mastering the Art of Trading

Of course. Waiting for the Sunday/Monday open is always the more logical option as opposed to jumping the guns on Friday and then only hoping that the market gaps in your favor on Monday. g.

Mastering the Art of Trading

hey there, There is still a lot of traffic that price will have to fight through to close strong and give us a free way to take a trade in. A close under 9350 at least, in which case the bar highs under 9300 could come into play. Still just looking ...

Mastering the Art of Trading

Yes. He probably gave the example for the heck of it. In the real world no big trader in his right mind would want to execute the entire load via a single order regardless of how much liquidity is available. Also don't forget, these guys aren't ...

Mastering the Art of Trading

What S/R mate? And what Price action? Are you referring to it in general or you took a particular bar (looks unlikely as I don't see anything at least on that TF) g.

Mastering the Art of Trading

Very much agree with Steve, But yeah if price can break this trouble area now it may head further down. Still no solid reason to be short though. g.

Mastering the Art of Trading

The dailies will always be a step ahead in terms f their reliability compared to intra day. g.

Mastering the Art of Trading

Hey KOS, Of course they are paying the spreads. Execution is just an additional source of worry for them. The very existence of the fake out scenario exists to enable these traders to unload their positions and take part in the market. g.

Mastering the Art of Trading

Good stuff Steve g.

Mastering the Art of Trading

A lot will depend on how the fake out bar closes. These questions can only be answered then. g.

Mastering the Art of Trading

I don't see a fake out. But wow. You have shorted straight in the middle of a down trend straight into support. That's either very gutsy or just pure submissive g.

Mastering the Art of Trading

yeah this one is on my watch list too. g.

Mastering the Art of Trading

Not really. All that I am saying is, that price broke out of a trend line and PPZ and simply pulled back to it to confirm support off it. Its up to the market really if it wants to continue to dance around or simply shoot of north. Either ways a ...

Mastering the Art of Trading

Hey Maddy, Welcome to the thread! Glad you're enjoying the material. Actually the GBP/CAD doesn't interest me too much. You identified the HHR as well as the fake out pretty well, but what you also need to learn to consistently do for each of your ...

Mastering the Art of Trading

That swing point, if you zoom your chart out is pretty minor compared to the ones near the edge of the wedge that price seems to be in. And then again there has been no unusual activity at the HHR at all. Just small range bars poking around and ...

Mastering the Art of Trading