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Ray Wang
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“Remember this: Range will have multiple failed Breakout attempts before the real breakout. When the real breakout occurs, you can’t miss it because it’s convincing both in volume and bar size! Any inferior breakout will fail within a short time, generally within 5 bars.”
― Price Action Market Traps: 7 Trap Strategies Market Psychology Minimal Risk & Maximum Profit
― Price Action Market Traps: 7 Trap Strategies Market Psychology Minimal Risk & Maximum Profit
“Traders claim trading as “more of an art than science”. It’s very true because of its aleatoric nature. This uncertainty creates a flow, like the ocean, sometimes tranquil and sometimes raging. The ultimate goal for a trader is to adopt into the flow as soon as possible. You are the market, and market is you. Sync! Once you can be in sync with the market, then you can swim in and out of the trades like the pros.”
― Price Action Market Traps: 7 Trap Strategies Market Psychology Minimal Risk & Maximum Profit
― Price Action Market Traps: 7 Trap Strategies Market Psychology Minimal Risk & Maximum Profit
“Market is rotating between Trend and Range. It’s like climbing a mountain. You climb to a point where you think it would be a good place to rest and refill your energy. You rest for a while then you continue climbing if you have the strength. Otherwise you will quit and go downhill. Market works exactly the same way.”
― Price Action Market Traps: 7 Trap Strategies Market Psychology Minimal Risk & Maximum Profit
― Price Action Market Traps: 7 Trap Strategies Market Psychology Minimal Risk & Maximum Profit
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