Many traders up till today do not know or have no adequate knowledge on Inducements & when a valid inducement has been formed on their trades
This entry criteria is one that is Quite simple but yet misunderstood by many
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This thread contains enlightenment that would be super beneficial to you & many other traders, so it'd be selfish if we don't first Repost the first post in this thread above so others get to see, read & benefit from this
Done that ??
Let's get started
Ladies & Gentle men
You're welcome
Distinguished traders & Technical Analysts, I welcome y'all 💯❤️
In this Thread, we'd be looking at 3 things
▫️The Inducement Theory
▫️Valid Inducement
▫️Inducement Entry, Models & Type
At any point you do not understand pls ask questions
What are INDUCEMENTS?
Inducements are simply internal range liquidities lying close to an area of value or an entry
Think of Inducements in this fashion
Liquidity + Entry = Inducements
Meaning without an Entry or a POI an internal range liquidity cannot be called an Inducement
What is a Valid Inducement ?
A Valid inducement is one which lies close to an area of value, and has taken out the previous level(high/low) that created it.
Image below
What are types of Inducements ??
▫️Equal Highs
▫️Equal Lows
▫️Trend line Liquidity
▫️Double Break (SMC trap)
An Explanatory video below just in case it didn't sink in properly 🫶❤️
Now that is out of the way, let's look at some real live chart examples on Inducements and see how they're engineered in the market
Do take note of the criteria that makes an Inducement a valid one and be on a lookout for them below
Case Study on EURUSD
Look closely or better still, zoom in for clearer view
Left = A Case Study on EURUSD
Right= A Case Study on GBPUSD
2 Case Studies on GBPUSD
Some more examples to strengthen the illustrations
Video Explanation
Case Study 1
Video Explanation
Case Study 2
Lastly being that → Because price actually seeks these inducements first before going for the entry, placing your entry points at the Inducements will guarantee that you never miss your entry on any trade
The only downside being that your RR on the trade will reduce
Example ⤵️
That'll be all for this thread
If you understood & enjoyed everything thus far, give me a follow here @Techriztm & @X100Learnground
Weekly I put out great contents like these to help you on your journey as a trader.
Assignment for a $6k Stellar Challenge account below
Assignment
3 Students would be given a $6k Stellar Challenge based on the neatness of their submission & their compliance with the request
▫️Find where an Inducement played out perfectly on EURNZD chart 📌
Good luck !!
And because the internet is an oasis of information these handles below are definitely a few of them you should never joke with if you want to learn and grow as an Analysis
If you have problems finding & Trading Valid Breaker Blocks or Understanding what to categorize as a Hidden Block and its types
Then this 🧵🪡 is for you
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An 𝕏 Th~read series !!
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It's nothing new that lots of traders do not like to trade Breaker Blocks or Hidden Blocks due to their self imposed Fail rate. Many traders do not trade them because as they said "Fails lots of times"
In this Th~read I'd be showing you things to take note of Trading Breakers
That'd guarantee you high success rate in trading them
▫️Kindly Repost the first post in this Thread so others can benefit from this
▫️Get your Noting materials
If that is settled
Ladies and gentlemen, shall we ??
If you're still struggling to find your way around trading the Asian markets/Session,
Open this thread when you're less distracted.
These Secrets no one would show you for FREE
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If you missed the first thread, here's a quick recap to get you started
▫️The Asian session consolidates due to low volatility
▫️It opens from 12am and closes at 9am WAT
▫️It is composed of 5 great markets
Traders find trading the Asian session boring due to its slow and choppy movements. But the Asian session can be greatly harnessed and used as a powerful tool for catching moves printed in other sessions
Ask me how 🤔
Well I'd be explaining how in this Thread
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This concept of Weak Highs and Lows will enable you understand your target prices for EXTREEM Precision !!!!
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This would prolly be the shortest thread I've written in a while as I would love to go straight to the point. To the vast majority of traders, why their trades are not getting to TPs is either due to Greed or lack of knowledge or theft mentality like the pic below depicts😅😅
But to those of you genuinely doing the right thing and still haven't gotten it right, this is for you. First you must understand or heaven understanding of orderflow before we proceed. What is orderflow ??
Orderflow is simply the direction in flow of money or prices
I know you've seen Alot of Risk Management & RR Threads but trust me, you've not seen anything like this !!!!
Welcome to "The Risk Management & RR" Thread that would put you 90% Ahead in your trading Game...
As Humans our Greed Gets the best of us
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90% of a time as Humans, Greed tends to take the best of us, but our understanding of Risk Management keeps us for longer in the trading Game
Don't be fearful of risks. Understand them, and manage and minimize them to an acceptable level.” “To be a successful investor, you don't
need to take excessive risks and be involved in all sorts of financial instruments. You need to understand your risk appetite and understand a few asset classes well
What is Risk Management ? Risk Management as the name suggests has to do with how we manage our portfolio