Guys, today I'll explain why we take trades and how we should approach them.
Whenever we enter a trade, we often feel afraid that it might end in a loss. The solution is simple: focus on mastering one concept only. For example, POI (Point of Interest) or Liquidity. Once you practice a single concept enough, your confidence grows because you've mastered it instead of jumping between different strategies.
Now let's understand how to trade using POI or Liquidity, and more importantly, how to know whether a POI is likely to work.
The key concept is called the Three-Candle Swing.
It means that when a POI is formed, the market will often come back to tap that POI. After the tap, the market should make a displacement move. During that displacement, a new POI is created. If the market returns and taps this new POI, it gives us confirmation that the POI is valid. From there, the market is likely to move toward the nearest liquidity to hunt it.
That's all for today's lesson.
If this post gets good engagement and you show your support, I'll make Part 2, where I'll explain the concept in more detail.
Don't forget to follow me, and let me know in the comments if you'd like more educational trading content. Thanks!
