WITTEEfx
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The Path To Profitability Is The Journey Of Consistency Contact: @WITTEEfx
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When traders think of an EDGE in trading, many think in terms of TA
Sadly, TA only works like a manual, an EDGE needs to come from other sources
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Fortunately, Market Structure isnât all there is to decide why you should engage, other major factors should also influence your why
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Why you think about what to do in a trade whether to stand down or place a trade, it starts with the Market Structure
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Iâll post a checklist of things to look out for before picking a trade.
Not for the lazy ones of course!
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For the lazy ones only always looking for signals without ever wanting to get on the chart and put in the work
There was a buy move which failed to hit the target by 10pips
It was a 1:5RR move but you wonât know because you wonât even get on the charts yourself to see how things play out.
The average Joe just wants to make money and skip the process thatâs why you eventually would keep finding frustration.
No Paid or Free mentorship can replace what youâll learn by getting on the charts yourself and studying.
Anyone can do but only few are willing
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When you have the HTF BOS.. you identify the start of the trend and wait for a pullback
If the pullback doesnât break that, then you have a confirmed reversal and you can start anticipating the continuation
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Typically DXY up, foreign currencies down including Indices
No entry on US30 and price has dropped below the previous Higher Low
Just as explained in Saturdayâs session, when that happens in a bullish trend, no need to keep looking for buys
