Hello traders,
You’d really want to read today’s article and watch this video. It shows exactly how I set up for today’s market open, the specific tools I used to break down the structure, and how the trade played out almost perfectly – right in line with my plan.
Now, let me be honest and real as I always am when I am sharing my trading knowledge – Trading does not always work out this neatly. But when it does, it is never about luck. It comes down to reading what the market is actually telling you and knowing how to position around it. That is something you can absolutely learn to do.
I learned this through Auction Market Theory, and if you’re still trading based on patterns alone or relying on lagging indicators, you’re missing the deeper layer – the layer that actually explains why price moves.
In the video, I take you through my entire pre-market thought process.
I want to know if we are balanced or setting up for a breakout.
This morning, the market was clearly stuck in a tight range. I pulled up a volume profile, which is like taking an x-ray of where the market has been most active, and immediately saw a heavy concentration of trades at a specific price zone.
Click here to watch and take your technical game to the next level.
When you spot that, you know that area is sticky. Price tends to get drawn back there unless it finds enough energy to break away. Above and below that zone, volume drops off fast. This makes the edges incredibly interesting to watch.
If you’re tired of forcing trades and ready to wait for the ones that call you in with real alignment, structure and intent, this is the perspective shift you need.
Trading is never about predicting with certainty. It is about preparing so well that when the market reveals its hand, you are already there. See exactly how I did it, only in Trading Room, the free newsletter that helps you stay updated with what’s important in the market – and how to trade it.
See you in the next one.
Imre Gams
Editor, The Trading Room
