I am teaching you the basics of Price Action in Post# 1 and the next posts on page 1.
That is exactly what I am teaching!
Remember all the confusion about Engulfing or Break Out?
DislikedOk. I dont look for a formation in particular, or a pattern, i look for PETCZ. Ok.But the fact is, that this pattern happend often when you look history. And this pattern happend sometimes after the formation of a PETCZ. Nothing to do with that? You need to look for Break Up/Down signals.You need to look for rejection signals.You need to look for retrace forming Trend. Thats i call patterns... when the same rejection combine with break up combine with trace happens...Ignored
Or, simply read Price Action.
If you will look for Patterns, but you can not read them, you are blind.
Price does not obey Patterns.
Price creates Patterns!
Everything to do with that!
I showed you the PTECZ in the picture in Post# 2,191
That was the PTECZ which is from all previous examples.
This PTECZ was plotted by the PTECZ_Trader.
You can not see it on the image, because PTECZ_Cleanup is true, it is ON.
Everything is exactly the way I teach, except for the historical PTECZs which people refuse to plot!
You are not supposed to take example from others, who don't do it exactly my way.
You are supposed to take example from my charts!
I always have historical PTECZs plotted manually for my S/R Stops.
I show you how to do it hundreds of times.
I can not go into your mind and fix things inside it!
Attached Image
You must read Price Action inside and around the PTECZ!
You must know your Potential Stops.
You must know your Global and Local Position.
There was a strong Bullish Trend.
There was a PTECZ on that Trend.
There was a Break Down from the PTECZ.
There was a retrace to the PTECZ which made a new Trend.
There were a lot of Bearish signals to go Short.
You still don't know what I am teaching?
Trade the facts, not opinions.