One of the keys to trading success, in my opinion is to develop the ability to read the market feeling and understanding the flow of price as it unravels at the hard right edge of the chart.
Simple setups do not work; consistently failing to adapt to the ambiguous and uncertain nature of market price action. Real opportunity is found through developing a feel for the nature of the market environment and how the current price action is flowing within that environment commonly referred to as understanding the market context.
Expertise in reading the market doesn’t come naturally, and doesn’t come easily. It’s a skill we must learn through experience and lot of back testing and forward testing in live environment.
Simple setups do not work; consistently failing to adapt to the ambiguous and uncertain nature of market price action. Real opportunity is found through developing a feel for the nature of the market environment and how the current price action is flowing within that environment commonly referred to as understanding the market context.
Expertise in reading the market doesn’t come naturally, and doesn’t come easily. It’s a skill we must learn through experience and lot of back testing and forward testing in live environment.