How do you determine your directional bias in the market?

If you don't know where to start, start here! Don't be afraid to ask questions.

Moderator: moderators

MrsViolet
rank: <50 posts
rank: <50 posts
Posts: 12
Joined: Fri Aug 16, 2019 3:03 pm
Reputation: 4
Gender: None specified

How do you determine your directional bias in the market?

Postby MrsViolet » Tue Aug 11, 2020 3:51 pm

I would like to hear from other traders how do you determine whether you should be a buyer or a seller and how do you do that?

Retail textbooks says we should look for market structure

Market structure is not enough and it tricks and deceive many retail traders.

There are 2 types of trends
Market makers trend (real trend)
Retail trend ( fake trend what everyone see in the world)

We have real trend and fake trend majority retail traders get trapped in the fake trend trading against the real trend

The big boys buy LL and sell HH while retail buy HL and sell LH.

If the trend is up retail will see HH and HL so when retail see HL they will all buy this is textbook the big boys knows this

So the big boys will push price lower to hit stops of retail who bought the HL and price will form a LL.

Now retail traders will see HL being broken and have a LL they automatically see a start of down trend they will try to sell the LH.

Big boys will again push price and make HH then retail trader doesn't know what is really happening and the cycle is always repeating itself.

Majority of retail are loosing because they do not know how to determine market trend even if they do they do not know which trend is real or fake so 95% get trapped in the fake trend as they cannot see the real trend that the big boys are trading

So let's talk how do you determine your directional bias ? You can also use the concept of multiple time frame analysis,order flow to explain I also have more to talk about this type of trading lets all get involved in this topic

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 15562
Joined: Sun May 14, 2006 9:31 pm
Reputation: 3036
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Re: How do you determine your directional bias in the market?

Postby TheRumpledOne » Tue Aug 11, 2020 4:18 pm

ALWAYS TRADE WITH THE H1 CANDLE COLOR.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

MrsViolet
rank: <50 posts
rank: <50 posts
Posts: 12
Joined: Fri Aug 16, 2019 3:03 pm
Reputation: 4
Gender: None specified

Re: How do you determine your directional bias in the market?

Postby MrsViolet » Tue Aug 11, 2020 5:11 pm

TheRumpledOne wrote:ALWAYS TRADE WITH THE H1 CANDLE COLOR.

Hi TRO

It's always an honor to talk to you and thank you for blessing me with your presence as I am using one of your system.

The TRO SR RR you mention to trade with H1 candle color in the image we have a new formed H1 candle the color is red.

Note we have weak and strong so how would you trade this you wait for price to hit Go short level even though the strength is weak ?

Also its against Daily candle color which is strong buy.

From market structure I see this as a HH from a LL that was from a LH so this is a reversal setup price broke LH and formed a HH.
Attachments
Screenshot_14.png
Screenshot_14.png (77.19 KiB) Viewed 17706 times

User avatar
pablo101
rank: 500+ posts
rank: 500+ posts
Posts: 973
Joined: Tue Jun 30, 2009 3:10 pm
Reputation: 43
Real name: Pete
Gender: None specified

Re: How do you determine your directional bias in the market?

Postby pablo101 » Tue Aug 11, 2020 7:30 pm

Tro recent videos have given many clues already on direction.

https://gifyu.com/image/cT5s
EJ clues.png
EJ clues.png (2.95 KiB) Viewed 17674 times
WAS A YALE STUDENT. Now? Let's see!

User avatar
pablo101
rank: 500+ posts
rank: 500+ posts
Posts: 973
Joined: Tue Jun 30, 2009 3:10 pm
Reputation: 43
Real name: Pete
Gender: None specified

Re: How do you determine your directional bias in the market?

Postby pablo101 » Tue Aug 11, 2020 7:48 pm

MrsViolet wrote:
TheRumpledOne wrote:ALWAYS TRADE WITH THE H1 CANDLE COLOR.

Hi TRO

It's always an honor to talk to you and thank you for blessing me with your presence as I am using one of your system.

The TRO SR RR you mention to trade with H1 candle color in the image we have a new formed H1 candle the color is red.

Note we have weak and strong so how would you trade this you wait for price to hit Go short level even though the strength is weak ?

Also its against Daily candle color which is strong buy.

From market structure I see this as a HH from a LL that was from a LH so this is a reversal setup price broke LH and formed a HH.


Average range of daily EJ is 95 pips, it has moved 120 already.

I would be selling but that's me.

If you are trading Tro's sweetspot lines, just enter at them.

EURJPY,H1.png
EURJPY,H1.png (40.33 KiB) Viewed 17674 times
WAS A YALE STUDENT. Now? Let's see!

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

MrsViolet
rank: <50 posts
rank: <50 posts
Posts: 12
Joined: Fri Aug 16, 2019 3:03 pm
Reputation: 4
Gender: None specified

Re: How do you determine your directional bias in the market?

Postby MrsViolet » Tue Aug 11, 2020 9:43 pm

pablo101 wrote:Tro recent videos have given many clues already on direction.

https://gifyu.com/image/cT5sEJ clues.png


Which videos are you talking about if possible can you please be specific would love to watch them.

For you swing which pattern do you use fractal swing or 2 bar swing or 3 bar swing ?

MrsViolet
rank: <50 posts
rank: <50 posts
Posts: 12
Joined: Fri Aug 16, 2019 3:03 pm
Reputation: 4
Gender: None specified

Re: How do you determine your directional bias in the market?

Postby MrsViolet » Tue Aug 11, 2020 9:48 pm

pablo101 wrote:
MrsViolet wrote:
TheRumpledOne wrote:ALWAYS TRADE WITH THE H1 CANDLE COLOR.

Hi TRO

It's always an honor to talk to you and thank you for blessing me with your presence as I am using one of your system.

The TRO SR RR you mention to trade with H1 candle color in the image we have a new formed H1 candle the color is red.

Note we have weak and strong so how would you trade this you wait for price to hit Go short level even though the strength is weak ?

Also its against Daily candle color which is strong buy.

From market structure I see this as a HH from a LL that was from a LH so this is a reversal setup price broke LH and formed a HH.


Average range of daily EJ is 95 pips, it has moved 120 already.

I would be selling but that's me.

If you are trading Tro's sweetspot lines, just enter at them.

EURJPY,H1.png


I am using The TRO SR RR indicator it tells me candle color direction and its strength weak or strong so its for reversal and trend continuation so I am more interested in reversals based on the indicator I also added zigzag indicator that tells me market structure HH,HL,LL,LH

User avatar
pablo101
rank: 500+ posts
rank: 500+ posts
Posts: 973
Joined: Tue Jun 30, 2009 3:10 pm
Reputation: 43
Real name: Pete
Gender: None specified

Re: How do you determine your directional bias in the market?

Postby pablo101 » Wed Aug 12, 2020 1:52 am

MrsViolet wrote:
pablo101 wrote:Tro recent videos have given many clues already on direction.

https://gifyu.com/image/cT5sEJ clues.png


Which videos are you talking about if possible can you please be specific would love to watch them.

For you swing which pattern do you use fractal swing or 2 bar swing or 3 bar swing ?


Which videos?

ALL of them. In them he gives you nuggets of gold information and if you pay attention you'll catch them.

If you can't be asked to start from the beginning then begin when Walmal came in the scene.

Keep it simple like I showed you, LH , LL. Price either tests H or L or both, THEN trade accordingly.
WAS A YALE STUDENT. Now? Let's see!

User avatar
pablo101
rank: 500+ posts
rank: 500+ posts
Posts: 973
Joined: Tue Jun 30, 2009 3:10 pm
Reputation: 43
Real name: Pete
Gender: None specified

Re: How do you determine your directional bias in the market?

Postby pablo101 » Wed Aug 12, 2020 2:00 am

MrsViolet wrote:
pablo101 wrote:
MrsViolet wrote:Hi TRO

It's always an honor to talk to you and thank you for blessing me with your presence as I am using one of your system.

The TRO SR RR you mention to trade with H1 candle color in the image we have a new formed H1 candle the color is red.

Note we have weak and strong so how would you trade this you wait for price to hit Go short level even though the strength is weak ?

Also its against Daily candle color which is strong buy.

From market structure I see this as a HH from a LL that was from a LH so this is a reversal setup price broke LH and formed a HH.


Average range of daily EJ is 95 pips, it has moved 120 already.

I would be selling but that's me.

If you are trading Tro's sweetspot lines, just enter at them.

EURJPY,H1.png


I am using The TRO SR RR indicator it tells me candle color direction and its strength weak or strong so its for reversal and trend continuation so I am more interested in reversals based on the indicator I also added zigzag indicator that tells me market structure HH,HL,LL,LH


Scrap all of the eye candy indicators and use you physical eyes to see price.

Tro's statistic gauges are great, though.

Hey Avery, can you do videos on stats to help you trade better? I know you're on the Boot Camp tear at the moment :D
WAS A YALE STUDENT. Now? Let's see!

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 15562
Joined: Sun May 14, 2006 9:31 pm
Reputation: 3036
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Re: How do you determine your directional bias in the market?

Postby TheRumpledOne » Wed Aug 12, 2020 2:37 am

MrsViolet wrote:
TheRumpledOne wrote:ALWAYS TRADE WITH THE H1 CANDLE COLOR.

Hi TRO

It's always an honor to talk to you and thank you for blessing me with your presence as I am using one of your system.

The TRO SR RR you mention to trade with H1 candle color in the image we have a new formed H1 candle the color is red.

Note we have weak and strong so how would you trade this you wait for price to hit Go short level even though the strength is weak ?

Also its against Daily candle color which is strong buy.

From market structure I see this as a HH from a LL that was from a LH so this is a reversal setup price broke LH and formed a HH.


FOLLOW YOUR PLAN.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



Please do NOT PM me with trading or coding questions, post them in a thread.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “beginners forum”