Have you ever felt like the market is a puzzle designed to confuse others? Well, you’re not alone. Here’s the inside scoop that could have saved you hours of watching get-rich-quick trading videos.
1. The Three Market Moves
The market isn’t as unpredictable as it seems. It does one of three things:
- Breakouts and Trends: Price moves in one direction with momentum.
- Breakout and Reversal: A false breakout where price quickly turns.
- Ranges: It moves between defined highs and lows.
Here’s a pro tip: If price is swinging in the middle of a known range, pull back. The risk is high, the odds of success are low.
2. The Daily Price Quad
Each trading day presents you with four key pieces of data:
- Today’s High
- Today’s Low
- Opening Price
- Closing Price
Take note of these numbers daily. They’re not just numbers; they’re clues. They’ll show you whether the market is trending up or playing ping pong within yesterday’s range.
3. The Fractal Nature of Markets
Think of the market as a set of Russian dolls. What you see on a large scale (like the daily chart) is reflected on smaller scales (like the 5-minute chart). If you suddenly see a downtrend after what appeared to be an uptrend on the 5-minute chart, check out the 15-minute chart.You may find that you’ve been riding a small wave in a much larger wave going in the opposite direction.
Bottom line:
Eliminate the noise. Forget the complicated indicators for a moment. Watch the candles dance, and understand the market structure day by day, week by week.
The market is a beast designed to confuse traders, but it exposes the truth every day to those who are willing to see it. Learn to read price action. Master market structure. Combine this with solid risk management, and suddenly, any strategy you apply becomes dramatically more effective.#BinanceTurns7#MarketDownturn $NEIRO $1MBABYDOGE $TON
Disclaimer: Contains opinions of third parties. Not financial advice. May contain sponsored content. See terms and conditions.
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