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2 935
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2 935
Ok might do the zoom tomorrow morning if Im not busy, will let you know 30min before I post link
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Limiting or abstaining from risk in profiles like this week is optimal. True, price will and does move on liquidity, in these same profiles. However, they are typically low range events and price runs are very short lived. Learn from these weeks, to keep expectations low.
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Market profile, or classifying states of Market Structure in specific profiles helps me determine probabilities. Not all Market Profiles perform the same. There are profiles that command your caution... or it should. Other profiles are one sided and directional cake walks.
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So it is Friday already Folks. This week was as we outlined... less directional, uncertain and suggestive of chop. Weeks like these are more rewarding to me as an Analyst than those where I call swings to a pip. Why? These are the kind of weeks as a new Trader, you blow out.
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Being profitable - despite being wrong is the goal. This seems like an oxymoron or silly to some. However, it is the basis to consistency & longevity. Poll all blown account holders and if they were honest... they insisted they would be "correct".
