Alright Traders lets talk about Rotation.
What is it and how important is it? Where do I look for it and how does it present itself?
What is it? Like the word suggest a rotation in price action. A transfer of power between the bulls and the bears.
How important is it? Very, very important! Having proper rotation in your PRZ or designated area of interest is paramount to your decision making and getting good timing on your entry.
Here do we look for it? At the end of moves and on lower highs or higher lows when expectations and confluence exist (Aggressive C).
How does it present itself? For that look at the chart below of the EU chart for today I will point out two examples. I will also make a video in the near future showing examples of this and I want you all to post some chart with examples of rotation in your PRZ or Areas of Interests.
I wanted you all to have this concept down before we do our live session.
What is it and how important is it? Where do I look for it and how does it present itself?
What is it? Like the word suggest a rotation in price action. A transfer of power between the bulls and the bears.
How important is it? Very, very important! Having proper rotation in your PRZ or designated area of interest is paramount to your decision making and getting good timing on your entry.
Here do we look for it? At the end of moves and on lower highs or higher lows when expectations and confluence exist (Aggressive C).
How does it present itself? For that look at the chart below of the EU chart for today I will point out two examples. I will also make a video in the near future showing examples of this and I want you all to post some chart with examples of rotation in your PRZ or Areas of Interests.
I wanted you all to have this concept down before we do our live session.
If you fail to plan, you plan to fail.