The document summarizes the advice of an educator on price action trading. The educator advises traders to focus on learning to read price signals before trying to implement multiple concepts at once. Traders are encouraged to have a simple and well-defined trading model or pattern to look for, rather than trying to force trades when the market conditions are not right for their strategy. Patience is key - traders should only take trades when the market is clearly displaying the pattern they are looking to capture, rather than rushing in to trade every day.
The document summarizes the advice of an educator on price action trading. The educator advises traders to focus on learning to read price signals before trying to implement multiple concepts at once. Traders are encouraged to have a simple and well-defined trading model or pattern to look for, rather than trying to force trades when the market conditions are not right for their strategy. Patience is key - traders should only take trades when the market is clearly displaying the pattern they are looking to capture, rather than rushing in to trade every day.
The document summarizes the advice of an educator on price action trading. The educator advises traders to focus on learning to read price signals before trying to implement multiple concepts at once. Traders are encouraged to have a simple and well-defined trading model or pattern to look for, rather than trying to force trades when the market conditions are not right for their strategy. Patience is key - traders should only take trades when the market is clearly displaying the pattern they are looking to capture, rather than rushing in to trade every day.
In my opinion, most if not all, students who come to
me over my time as an educator on Price Action... make the same mistake.
They try to put every concept I teach into their model
& this is not what you're taught to do.
You're to learn how to read Price, then trade 1
PDArray. The book Street Smarts, which I recommend to readers, is an example of this.
Have a pattern or model that you hunt.
The model or pattern you trade is useless in your
hands if you do not know when or if the market is poised to trade in a manner that your model can form inside.
If you learn to ready higher time frame Price and
engage with a SIMPLE model like my OTE, or using NWOGs as a means to enter in that HTF premise... add a targeting model & time of day... you have your complete model.
Why complicate it?
I don't use or drag in every PD Array in every fractal of Price.
I use what Price presents me.
Due to this higher number of tools & years of
experience with them, I can do more than you can.
Don't rush or force more on yourself or your model.
Wait for it to present...
If your model is not obvious in current Price action, sit still.
Do nothing but tape read.
Learning to wait for your model to present is a major
learning milestone.
Most fail at this stage & rush in & force a setup out of chaos.
This is not taught by me & or promoted by me.
Every major league sports athlete you can name does
not perform daily.
They are not in a competition every day.
They are, however, training daily to stay on their best
performance curve.
Take your trades when the spotlight is on your
model... not when the seats are empty. These pages were created and arranged by Rattibha services (https://www.rattibha.com) The contents of these pages, including all images, videos, attachments and external links published (collectively referred to as "this publication"), were created at the request of a user (s) from X. Rattibha provides an automated service, without human intervention, to copy the contents of tweets from X and publish them in an article style, and create PDF pages that can be printed and shared, at the request of X user (s). Please note that the views and all contents in this publication are those of the author and do not necessarily represent the views of Rattibha. Rattibha assumes no responsibility for any damage or breaches of any law resulting from the contents of this publication.
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