How do you enter LONG here?

 

Surely you should enter here?

 

Here is what most traders see...

 

 

Here is what I see...

 

In helping you travel the path from novice to pro trader, let’s consider the following quote:

“Things do not change; we change.”
… Henry David Thoreau

It’s the SAME price action.

It doesn’t change.

The only difference is that I see it in a different way.

There are several paradigm-shifts along the path from novice to pro, where you are required to see price movement and the game of trading in new and more effective ways.

This sequence of price action demonstrates several of the insights that were important in my development. Perhaps they are a necessary step for you as well?

  • Expect breaks against bias to fail.
  • Confirmation is risk.
  • Enter long, not because price has moved higher, but because it can’t move lower.

It’s the same price action.

It doesn’t change.

You need to change.

You need to learn to see price movement through new eyes.

The outcome...

 

And later...

 

Lance Beggs

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