Stop Losing Money In Consolidation
Hey trader, I bought a stock Friday morning on a single setup. It was up a buck and a half within the hour. I did not guess and I did not lean on a feeling. I read two things on the chart at the same time and let the market hand me the trade. Most traders only read one of those two things. That’s why they get chopped up in consolidation patterns over and over again. I’m going to walk you through the exact framework today. By the end, you’ll know how to stop losing money in sideways action and how to enter only when the chart tells you to attack. Two Toolsets, One System There are two ways to read a chart. The first is candles. The four shapes that matter are the doji, the harami, the marubozu, and the engulfing pattern. The second is classical patterns. The library