Execution Parts 2 and 3

Execution Parts 2 and 3Lesson 4 of 175 min read

The riskiest one

Why model one is ranked last on a live chart, and why a sweep and a break together are not permission to take every one you see.

Model 1 is the simplest thing in this course to spot. That is exactly why it needs a warning attached.

Two marks is the whole setup

A level taken and a candle closing past the last swing point. Nothing else had to happen.

Module 30 ranked it last for that reason, and module 28 gave the same warning about counting reasons. On a chart the shortage is easier to feel, because the entry appears fast and looks clean.

The simplest setup on the chart is also the thinnest one.

It happens several times a day

Drop to a 15 minute or a 5 minute gold chart and you will find sweeps and breaks constantly.

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