FTSE100 And Price Action/Probability
This chart is a clear display of how markets work in simple terms.
The fact is, your job is to look for repetition. Repetition directly correlates to probability, as it is your bread and butter for understanding what is next,
That is also, simply, the point of price action.
So when something happens so many times.. Do not be surprised if it happens again. And do not bank everything on it just because it is 'probable'.
Risk much be associated to the risk of the market setting and you must be prepared for a failure of any level with further risk plans.
The fact is, your job is to look for repetition. Repetition directly correlates to probability, as it is your bread and butter for understanding what is next,
That is also, simply, the point of price action.
So when something happens so many times.. Do not be surprised if it happens again. And do not bank everything on it just because it is 'probable'.
Risk much be associated to the risk of the market setting and you must be prepared for a failure of any level with further risk plans.
Nota
Looking short.Nota
Entered across portfolio(s).Nota
TGT much lower (Swing)Nota
Exit for gains.Nota
Re shorts reasonable higher 7680.Nota
Maintaining short bias. Awaiting sentiment for falls.Nota
Still holding. News sentiment required.Nota
Exit for gains.Nota
Now is your chance again to trade with reality and enter short bias with the same reality.Nota
Out for gains this AM again.Nota
And re shorts.Nota
Holding Post budget.Nota
Further RE shorts.Nota
And more @ key W levels.Nota
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bit.ly/learnttm
Free Discord Secret Server:
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Posts Not financial advice.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.