Not financial advice.
Just recorded a summary of the 50 minute Storyline video. This video is 27 minutes long and revises the storyline rules with examples such as: 1. How to identify the start of a storyline (Potential end of a storyline is the exact same way it started. Rejection…
Just recorded a summary of the 50 minute Storyline video.
This video is 27 minutes long and revises the storyline rules with examples such as:
Sidenote: The most overlooked rule of trading SNR that I have observed even with my personal trading friends is identifying and being aware of significant obstacles.
When things are going well on the chart and you recognize that things are going well on the chart, you might be juuuustt a little late on realizing that price has traded into an obstacle. (Especially true for intraday traders)
This is why I will forever advocate for writing the storyline and obstacle timeframes on a whiteboard or paper. Trust me on this suggestion
In case you want to backtest this logic before this fridays video ^
Operation of Timeframes simply means each timeframe completing the storyline of a bigger timeframe.
For Example: Weekly confirms bearish storyline but we have like 3 or 4 daily resistances. Which daily do we sell from? And during this time daily storyline is bullish. So we will mark the 4 daily resistances and wait for the Daily candle to reject and confirm a storyline from any one of these daily resistances. Then we can conclude that that particular daily resistance is most likely going to hold price AND CONTINUE the sell together with the weekly bearish storyline
I know the struggle of having a mentor(s) explain something maybe twice at most and you still having a bunch of doubts and questions an hour later. I also know the struggle of having to rewind what someone said in a video multiple times to really grasp the concept they are trying to convey. So yeah I'm definitely not stopping with this style of explaining
In this video I cover more details about candlestick rejections and very briefly brush over the 2 basic entry setups.
3 minutes until the new video drops
😂😂😂 this was funny