Stop getting induced. Start trading the inducement. — Transcript
Full transcript
- 0:00Most traders sell the second they see a
- 0:02break of structure to the downside. What
- 0:04they're missing is the inducement. Price
- 0:06comes into old highs, moves away, and
- 0:08breaks structure down. Everyone thinks
- 0:10that's bearish. It's not. That's a false
- 0:13move built to induce sellers. Those
- 0:15sellers are now the liquidity. Once that
- 0:17happens, go to the lower time frames
- 0:19>> [music]
- 0:19>> and look for buy setups all the way back
- 0:21up. The target is the liquidity resting
- 0:23above those old highs. That's where
- 0:25price is really going. Stop getting
- 0:27induced. Start trading the inducement.
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