Gaps
Following Live: Theory Into Practice. July- August 2020
In reviewing the USD/CAD and the E-Mini Russel we learned that markets can go sideways for a while not swinging much. I also introduce a percentage measure to test out how far price might go past a balanced swing and confirm a change. This month we will follow Silver futures and CHF/USD. Mapping swings is a simple way to frame and understand any market. One of the lessons I touch on is a video about approaching mapping swings or any method without expectations to get the most out of it.
Two Trades, Same Process, and Essence
I show two trades in this video, one by me in the USD/CAD 20 minute and one by a student in the E-mini S&P 2 minute. Both look a bit different but have the same understanding that comes from learning about the process of market structure and the essence of each structure. Sustained trading is not about pattern recognition, its a personal understanding of the whole read and structure that develops from practice. In the video, I show how you can see the structure no matter what time frame it shows up in or its shape. You can see this same structure and understanding in a post I did a year ago, “Trading The Valley In The CAD”.
Following Live: Theory Into Practice. May 2020
Last month we followed the Dow E-mini futures and EUR/USD and learned about contracting swings in the Dow and about rapid change in the EUR/USD. This month we will track Copper futures and the AUD/JPY. Keep in mind that these tools have the main function of enabling us to learn from price.