The take away from these two trades is this.
1) What is the environment telling you?
2) Where have we come from?
3) What has happened in the chart to give you the impression that they would be building positions favoring the opposite side? (Stop hunt that happened earlier on?)
4) What confluences came into the chart? – Stopping volume candles? EMAS stacked up?
5) What confluences can you pull out?
Again, we can never know if we are right with a trade. We can never assume that we need 100 confluences to justify a trade…
What we can do is test…Probe, play the game of “i wont commit a full position until it goes in my favor”
Let me know your thoughts…
Mad Love
T
