Smart

Trader
What is the Object of the Smart Traders in the Market ?
Making Money through Trapped Novice Traders.

What is the Importent Strategy of Smart Traders ?

Keeping the Risk Smaller and Getting Good Profit.

For that What will they Do ?

They Alaways Try to Trap Traders through Technically
and Emotionally.

What are Other Aspects aids to Get Good Results ?

Small Risk Setups
Trapped Counter trend or Withtrend Traders
Attraction for More Traders to Enter

What can be those Technical and Emtional Traps ?

Large Bars
Reversal Bars
Failed Opposite Bars after Few Trend Bars
Emotional Breakouts
Outside Bars those Traps Suddenly Oneside and attract
Trapped Traders to Cover their Loss
Bear Bar with Upper Tail and Bull Bar with Lower tail
2nd Leg that moving towards Withtrend Breakout
Pullbacks after Large Bars, Traps 2nd Leg Seekers
Trapped Late Entries with Little or No Profit
2nd Counter Leg Seekers after falied Withtrend Entry
Failed trap with Large Stop

What Can attract the More Traders ?

Good Signal Bars
Trendlines and Channel Lines
Withtrend Setups

Where can we Get Small Risk & More Profit :-

With Trend Pullbacks

With Trend Double Bottom or Double Top Areas
With Trend Double Bottom or Double Top Pullbacks
Counter Trend Double Bottom or Double Top or Support
& Resistance
EMA Pullbacks
Failed Large Bar Breakouts at Overshoot or at Trendline
Test
Higher Highs and Lower Lows or Over Bought and Over
Sold Areas
Lower High and Higher Lows or Withtrend Deep
Pullbacks or Near Support & Resistance Line Areas

Signal Bars:-
Bull or Bear Reversal Bar
Small Bar
Inside Bar
ii or iii Pattern
Outside Bar
Large or Exhaustion Bar
Failed Reversal Bar in a Strong Move
Shaved Bar
Opposite Twin
DownUp Twin
UpDown Twin
To be a Smart Trader What should you Learn to Trade ?
You Should always think of Probabilities and Should
Realize Early, Which can be the Trap and Which can be the
Real Move.Through Reading the Chart Carefully.

For That What Should You Do ?

Practice More Charts to Understand Price Action.

The Most Useful Tools to Understand the Price Action

are :-

A) Trendlines and Chanel lines

B) Prior Highs and Lows
C) Breakouts and Failed Breakouts
D) The Size of the Bodies and Tails on Candles
E) Relationship between Current Bar to Prior
Several Bars
F) Particularly, How the Open, Close High and
Low of the Current Bar Compared to the Action
of Prior Several Bars will Tell you what will
happen Next.