I'm unsure about this magic theory on then spewing around Twitter, I think a lot of it is confidence in bias and narrative, and it is even better if you can couple with SMT.
[THREAD]
#tradingpsychology
#TRADINGTIPS
Here, you can see inducement of early shorts, then a run into 1Hr OB- running stops on 5min in bearish order flow.
So, if you were confident in your short, you could sell the run-on stops.
When we have a very one-sided range overextended we generally look for the high or low to be violated later in the day. The extension gives us something to trade back into.
Dec 19, 2022 • 4 tweets • 1 min read
I've had a lot of questions about how to decide where the focus is.
Order of importance @I_Am_The_ICT PD array when looking from equilibrium.
Note - if you don't know them all don't worry focus on what you know and can see.
$ES $NQ $YM
A Thread 🧵🧵
1) Mitigation Block 2) Breaker Block 3) Liquidity Void 4) Fair Value Gap 5) Order Block 6) Rejection Block 7) Old High/Low
Dec 19, 2022 • 6 tweets • 2 min read
Anyone with a live trading account knows that trading psychology is just as important as trading strategies. Because controlling emotions in the live market are vital to successful trading.
TOP 5 TRADING PSYCHOLOGY BOOKS
Please add your favorites too!
A THREAD 🧵🧵
Trading Psychology 2.0 - Dr Brett Steenbarger