DislikedIshtana, you certainly have fired up this old thread! Well done!
You are understandably struggling to see the Peak Formations. Remember Steve says they are where the MM is being active so you expect for there to be big volatility. So anywhere where you see a MORE volatility of price there is MM activity and hence is POSSIBLY going to be a Peak Formation. If this is occurring at previous Support or Resistance ( or Supply or Demand, in Sam Seiden's parliance although they are slightly different..), the POSSABILITY this is a Peak Formation is increased....Ignored
Oh gosh, I'm so fired up after a 60 pips on 3 majors win today Too bad it's on the demo But I'm very happy regardless. Thanks you's all!
All I have to do is to cement the basics you all have generously shared, then never stop learning. And learn from my lesson today, you increase your chance of success exponentially if you work together with people of common goal (Master Mind principle).
Hmm.... Maybe I shouldn't get too fired up. The situation could've easily turned the other way around and I'm down by 60 pips. And I shouldn't get mad. I gotta emulate emotionless robot.