Understanding Market Trading Strategies
Okay, until you appreciate the level of
responsibility that this puts on you
You won't understand it. It's easy to say well i'm going to trade
I'm just going to
go out and start pushing buttons
Well, okay Yeah People go to casinos all time
And they go home pissed off They took
too much money And they didn't leave Or they should have stayed home Because
they
wasted their money And you can waste your money Looking at
these
candlesticks And telling yourself a story That ain't there
So you have to have an expectation On price
At a time of day In this case you have three Specific times of the
day
And
The first 30 minutes
After seven o'clock After eight o'clock And after nine
o'clock If there is Relative equal highs or relative Equal lows
Below the marketplace Then you want to see A move the first 30
Minutes go in the opposite direction Up if There's relative equal
Highs that form
After Seven o'clock after Eight o'clock and after Nine o'clock that First
thirty minutes You Want To See The Market
Drop You want to see a measure Of
manipulation It doesn't Have to only be In that first Thirty
minutes But in my mind I'm thinking I want to see That and if I
Got that and it Was given to me in Delivery Price then My
interest in This Move Is even More piqued I'm really
Interested in it
If it Doesn't do it I'll wait for more Information because it Might have a deeper
Retracement than I Would have expected Initially and then I'll Wait
For a breakdown and Having All These inefficiencies Extended over
the market Will refer back to Them and then all I have to Do
is wait for a Bus
to get there and Then ride that thing Down to southern town
And that's it Be content with
End of transcript · 320 words