Donajor8

HOW TO TRADE LIKE THEM BEING SELLER IN A BULLISH MARKET

Long
OANDA:USDJPY   U.S. Dollar / Japanese Yen
So here we have another strong bull market. But we can see and been seen the fake ness of the swing up so we are looking for a pullback after this breakout for a continuation upward,
But here again we are going to participate price.
Now we see a flag pattern forming here. Now typically most reactive traders will participate in this at first sight.
We won’t why? Three reasons the whole swing is without support we have a long leg stretch up from the average median of price. Remember price like to move together so we have a big breakout from this togetherness. This why we seen the move as a fake out and as a say to seduce traders. Thus we don’t want no parts in being seduce by the market no matter how good it looks cus when you let the market pull u in like this they got you mentally in this game is mostly mental sex... 2. There are more bear candles without the flag pattern with strong reversal signs. So this means the bears will try to pull the breakout down. 3 we are already high in resistance so we don’t want to be buying into resistance.

So how will we play this
We well take the flap pole as a measured move projection that up as a target and sale entry since the measured move leads right into resistance and I’m sure here we’ll see the short take place. As from the last post on usdj i pointed out that the decision was to short by selling the market drop after ever doji was made as doji are decision candles and i wanted to see a retest of the top with and reaction but this never happen so i didn’t sell 👇🏾.
So I know the move the question is how will the market carry it out and this move seem feasible.
So we are not going to catch the flag breakout we are going to set at top of the flag and watch the mom and if it’s seem good well entry and exit at the measured move and look to short
Another reason why we are sitting at the top of the flag cus it has a good probability of busting and if so it will happen here
Now we’ll take the pole measurements and add it to the bottom like we did the top this will be our re entry long position as it is the 50% of the breakout and the bulls will defend it if this is a bulls market. Now what if the price don’t sell off I doubt but these measures move are pivotal points so we’ll enter on the pullback to the level

So here we are going to play the extremes and anticipate over participate and be proactive over reactive.. why? Cuz when you anticipate and be proactive you learn how price hunt ppl you learn how to make the best entries you learn how to exit and moreover you learn how not to be impulsive as the market love impulse traders. . Never be reactive! If you are your late! Your goal should be to be playing along with the markets never following along. As the market like history and repeats its self more often than not
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