Where would you buy and where would you sell the market?
When utilizing Trading View's replay tool, I like to act as if I were trading the market live utilizing sound money management. Taking loses where they occur and visualizing wins when they play out. Looking back on price action this week I can't help but to notice very obvious occurrences. When you understand what price is doing you start to see things differently. You see where retail investors are trading. When time and price are in agreement you tend to see retail investors stuck and or loosing. Understanding this, where can we position our selfs against the ill informed. Hint: Looking at raw price action should help you understand these occurences, crowding your charts with unneeded algorithms and indicators will only hurt and should only be used for directional bias. Again in my opinion the brain is the most accurate indicator, USE IT
Penafian
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