Want to know how to get rich?

Well im going to use this inside type logic for a few hours and then i will have a look at those trades.
I will post a chart as soon as i make any such trades.

Probably its some 20+ minutes from now.

However, it price goes above the last low, thats not very nice. I WILL enter still, but mabe not as strong.
Im using a cautious TP, so i wont assume price will go through the last low.

One thing though, if there is no sell signal WITHIN the last sell action that started at around 07182, then there wont be a sell.

Ah screw the TP

Closed that one

Same plan.
Tp is a bit lower.

Thats good, its creating room for an inside sell.

Closed, +4.3 pip. That came slow. Well its not a CERTAINTY to get that TP.



With that low drawdown, thats a pretty nice leverage for this kind of scalping trades.
So 78 $.

With more of a normal size say 100.000 $ account it would be 780$.

Well how about if i apply the same type logic on a higher TF?

Acutally the logic saying: "If there is a dramatic push one way, price will tend to reach that level or close to it again."
And the logic of: "Trading inside the move."
Is the same in practice.



The SEQUENCE is very important since price makes ONE push to get back to the level established after a dramatic move, and it DOESNT generally make TWO pushes. It MIGHT, but it might as well go the other way for a dramatic move.

Anyway, think i prefer H4 for this actually.

Ok so if i apply the simple way of reading the PA and connect that to the logic of price targets for the sellers and buyers:

Although a little sophisitaction can go a long way:

yaed. imo stops are way more important + difficult to get in the right spot each time. i think we do ourselves the biggest favor to mark charts of where our stops go. i'm believer that not to worry too much about perfect entries, but be sure about stops as perfect as possible. they do work together though. mark charts with stops in mind and ideal entries also secondly perhaps is a good exercise to do.

Wait what? can u show this on a chart.