"The market tends to persist in its current behavior rather than
abruptly changing direction. Instead of predicting shifts, we align
with prevailing market conditions. Trade based on what you see, not
what you hope."~Chris Drysdale
Thats from Chris's free VWAP core setup guide.... I highly recommend it... It's 100% SOLID !
What I show is just what makes sense to me...and thats what matters... Finding your way.
There is no cookie cutter methods. We all perform differently as fingerprints.
The Turtle traders were a great example of that.
I don't profess to know it all..far from it...only what works for me....and it is my hope that
by sharing what works for me...some of what I share may work for or help you...
But that quote above...was like getting hit over the head ..especially with how it relates to
Auction market theory and Balance/Imbalance... Ranging/trending....Fair Value/Discovery
Back to the ES and GJ...... two completely different markets...Currency and Indice. Futures and Spot.
Yet the principles remain the same.
A chart is a chart is a chart,,,,just a rational representation of human behaviour. Thats it. Nothing more.
Behaviour tends to persist in its current form until proven otherwise.
Gold another great example..Yet there are traders who insist on always shorting it. Why not go with the flow ?
I dont disagree that there are shorting opportunities.
Gold has been in Price Discovery on most timeframes for longer than I recall right now lol..
Following VWAP do I want to short ?
As for GJ an out of balance market to the downside (currently) ahh and I must also say Round numbers and GJ
are like fish in water... they go together...similar to Crude Oil .....very important confluence...
Here ya go.
As for ES,,,,,, Balanced ,,,simple as that.
abruptly changing direction. Instead of predicting shifts, we align
with prevailing market conditions. Trade based on what you see, not
what you hope."~Chris Drysdale
Thats from Chris's free VWAP core setup guide.... I highly recommend it... It's 100% SOLID !
What I show is just what makes sense to me...and thats what matters... Finding your way.
There is no cookie cutter methods. We all perform differently as fingerprints.
The Turtle traders were a great example of that.
I don't profess to know it all..far from it...only what works for me....and it is my hope that
by sharing what works for me...some of what I share may work for or help you...
But that quote above...was like getting hit over the head ..especially with how it relates to
Auction market theory and Balance/Imbalance... Ranging/trending....Fair Value/Discovery
Back to the ES and GJ...... two completely different markets...Currency and Indice. Futures and Spot.
Yet the principles remain the same.
A chart is a chart is a chart,,,,just a rational representation of human behaviour. Thats it. Nothing more.
Behaviour tends to persist in its current form until proven otherwise.
Gold another great example..Yet there are traders who insist on always shorting it. Why not go with the flow ?
I dont disagree that there are shorting opportunities.
Gold has been in Price Discovery on most timeframes for longer than I recall right now lol..
Following VWAP do I want to short ?
As for GJ an out of balance market to the downside (currently) ahh and I must also say Round numbers and GJ
are like fish in water... they go together...similar to Crude Oil .....very important confluence...
Here ya go.
As for ES,,,,,, Balanced ,,,simple as that.
Master your Mind,,,Master the Market
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