Watch this if you want to simplify trading forever
@tomcampcoachingTranscript
I want to show you exactly what I mean when I'm talking about the four hour candle closure. Imagine here this is just a normal candle, a normal chart moving lower, these are bearish candles. There's nothing to do here right now. When I see something like this happens, so the WIC has created the high, the candle has engulfed the previous candle and closed lower. That right there is the exact model I'm basically looking to try and trade. You've got two options to try and get into it. Number one, you can basically take a trade here with your stop loss above here, but if you don't like having a large stop loss, you can dissect the whole of this candle. There might be an imbalance on a one hour time frame where basically price action will retest it and move along. Basically this is the model that I go by. Literally that simple. You don't need to overcomplicate anything. You don't need to use all these fancy terminologies. You are just waiting for the fucking four hour candle to close in a way that is showing manipulation in the market.
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