Hello guys, today i would like to talk about retail trading vs institutioanl trading. Belive or not real changes comin, when you start to think like institutinal traders. So i will use 4H chart USDCAD for example. You see the yellow box? That is REZISTANCE LEVEL. Now do you see the grey box? That is SUPPLY LEVEL. Big difference. Do your own research of what is supply and demand trading. The thing is that everybody see the yellow box, you need to be different and see the grey one, becouse what those big boys do? They expect you to short from the yellow box and most of retail acually short from them, so those big boys move the price to the supply level (in this case) and they collect your stoplosses in order to open big positions. We use to say that there are money above or bellow support and rezistance. So wait for them to play first and if you will see big red candles you can enter with the big boys and after the retail is out.
Wish you good luck with your trading.
Wish you good luck with your trading.