920 Around Major Levels Only
You cannot simply take random trades. The market exhibits significant randomness.
Many price movements lack underlying meaning; they're essentially random fluctuations.
It's not always possible to pinpoint the 'why' behind a price drop. Sometimes, market movements are inexplicable and seemingly arbitrary.
Traders who engage in these random moves without a defined edge or plan are likely to incur losses.
It's crucial to avoid these random market fluctuations.
A trading edge emerges around areas of high demand and supply.
Why participate in the market anywhere other than at these key levels?
Given this, we should focus solely on trading around major levels. These levels can include pre-market highs and lows, 30-minute supply and demand zones, Points of Control (POC), and 15 and 5 minute stair steps. When we take trades that originate from areas other than major levels, be mindful of the major levels when we approach them.
