Daily Bias + No Trades Today

Daily Bias + No Trades TodayLesson 7 of 105 min read

The trade refused

A complete break of structure appeared on the market whose plan said buy, it was refused, and it was checked afterwards to see what it would have done.

In the afternoon bitcoin produced a proper setup pointing the wrong way. This lesson is the decision not to take it.

What appeared

A 15 minute candle closed at 74,050, below the 74,200 low that had held all morning.

That is a real break of structure on a real chart. It is the same shape the course spends four modules teaching you to recognise, and it appeared on the market whose written line said buys only.

A complete break, on the market whose plan said buy.

The line it would have broken

Module 44 already names this as the loss that repeats most often: the trade taken against your own written line.

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