The trades that are setting up with the balance range and today being an inside day. How to monitor those trades, what to look for and where we can expect resistance and support.
How my trade plan is still Balance and Excess, The trade I took, and why I took it, plus why I scratched it off.
Two most important terms in understanding market behaviour. How we can use these terms to find the clues for the next trend.
I highly recommend everyone to read this. Marks is wise and uses a logical thought process to assess current risks. The market profile and order flow can guide you daily but knowing the overarching position in the cycle can help to maybe sway you when it seems the odds are 50/50, as a bad example
He manages OAK, a publicly traded asset manager paying almost 9% yield, and he’s a conservative value guy so I’d trust my money with him (and that it won’t vanish in a downturn) based on following him for a long time, and his track record.
Webinar today, talked about the trade set ups, trading outside value in a balance day, understanding the auctions.