BTCUSDT

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@nsg_usd - 2 hours ago
Quoted - nsg_usd

1) Trading the market because it is bullish or bearish is not enough. Be sensitive to the times and days and calendar seasons. Market isn't random, it's simply a replication of patterns of the major participants that we are competing with. The big banks and institutions.

2) Just like month end is when salary earners expect and receive their salaries, in the market system, there are investors that withdraw profits monthly, Banks that closes accounts at the end of every trading month. These events aren't random, they are strategic and they form patterns on the charts.

N
@nsg_usd - 2 hours ago
Quoted - nsg_usd

2) Just like month end is when salary earners expect and receive their salaries, in the market system, there are investors that withdraw profits monthly, Banks that closes accounts at the end of every trading month. These events aren't random, they are strategic and they form patterns on the charts.

3) This is where Trading gets to where you're trading from an experience point of view, and not just from a knowledge point of view; because knowledge tells you market is bullish, but experience tells you, this time last week, or month or last year, Price sold from this region and will likely do so again despite it is bullish. That makes you balance and not be carried away with only what you see on the charts.

N
@nsg_usd - 2 hours ago
Quoted - nsg_usd

3) This is where Trading gets to where you're trading from an experience point of view, and not just from a knowledge point of view; because knowledge tells you market is bullish, but experience tells you, this time last week, or month or last year, Price sold from this region and will likely do so again despite it is bullish. That makes you balance and not be carried away with only what you see on the charts.

4) This is the very most basic meaning of the word "Time and Price".
It's not just about New York, London, and Asian Session Time Versus Price movement during those times, but also about recurrent Events outside charts, and happenings outside Fixed economic events and Calendar News releases.
Understanding how normal business operations in real life work, can be relatable to how market operations from different Institutions will likely work from a common-sense point of view, which can also aid us effectively in trading.
It must not always be complicated to make sense. Believing the Simple is also Sense.

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