One of the hardest things for traders, or anyone for that matter, is to adapt to change. Mostly we get stuck when things change, which makes trading difficult since the very nature of markets is change. This is where the cliché 'going with the flow' originates, but simply understanding the cliché isn't enough; we must internalize and practice it and get it in our...
In trading especially in retail trading we have a massive focus on entries and very little focus on the context behind the trade, we focus alot on things such as indicators, or the perfect candle set up, but we have very little look into the context, so the fundamentals or catalysts behind the move in the first place, we tend to overlook this and focus purely on...
This is a great example for traders of all timeframes to study. I don't really have time for people basing trades on wide zones - that's fine for analysis, but for a TRADE, you've got to see the fight at a specific level. When you draw these correctly, you can get a really great picture of evolving sentiment and balance of power shifts.
Most traders treat...
I'll post my Ninjatrader charts for trade entries. This is the kind of setup I want to wait for vs fighting the grind on NQ today.
I'm a momentum trader, and momentum comes from traps and/or tipping points. I don't want price to ever come back to my entry and I don't believe in wide stops.
Before taking entries, ask yourself about the market state. Is it...
