Most indicators are a derivative of price

therefore they lag price

Trending

Compression

Trending

4 types of trades and there are hundreds of

ways you can take advantage of these

opportunities

1. Resistance will hold and you play a short

back into the consolidation

2. Resistance will fail and price will rally to

the upside.

Multiple Time Frames

What type of structure is playing out in that

time frame?

Is it more bullish indicating a higher

probability of a resistance fail?

Is price starting to put in upper shadows and lower lows indicating that the bears have

control?

What does the CURRENT chart imply occurred on the lower

charts?

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After price breaks out, break out traders and those waiting to see bull interest pile into

the trade

Reading the forming structure can give you

a profit exit

Fail to watch the price action unfold and what

it will leave behind

….more importantlythe structures it will

leave behind

Long interest still taking place

There was no reason to hold on when it was obvious that the move

was in trouble

We can either have a trend termination type of trade or a resistance holding

trade setup

What should happen?

Failed expectations

We can only work with what we have at the

present moment

It gives you a reason to exit

Stop over the highs allowing for noise

Candlesticks give you an "inside view" of

who is doing what at each point in the chart

Lower time frames can indicate who runs the

show in the higher time frame – bulls/bears

Scroll through your charts and look for failed expectations

It's also not the only way to trade

It’s not the tool…it’s the usage of the tool

It will be the structure of price that will

determine if a trade is going to be placed