“Vega Flip Zone”
A Vega Zone failing is a rare case. It can happen due to major news events or a sudden shift in market direction that causes the zone to break.
However, we don’t just sit and watch the zone break and let our trade get stopped out. Once a candle closes below the zone and another red candle also closes below it, the breakout can be considered valid.
In short, if two candles close below the zone after the break, wait for the price to retest that same zone. Since the direction has now changed, we will start layering our positions when the price retests it.
As mentioned before, this is one of the best setups for taking some good risk.
(Vice versa for buy setups.)
Rules remain the same:
Breakout → Retest → Entry
- @Vegabro0
A Vega Zone failing is a rare case. It can happen due to major news events or a sudden shift in market direction that causes the zone to break.
However, we don’t just sit and watch the zone break and let our trade get stopped out. Once a candle closes below the zone and another red candle also closes below it, the breakout can be considered valid.
In short, if two candles close below the zone after the break, wait for the price to retest that same zone. Since the direction has now changed, we will start layering our positions when the price retests it.
As mentioned before, this is one of the best setups for taking some good risk.
(Vice versa for buy setups.)
Rules remain the same:
Breakout → Retest → Entry
- @Vegabro0
❤8😍4🤝3⚡2
KNOWLEDGE
“Vega Flip Zone” A Vega Zone failing is a rare case. It can happen due to major news events or a sudden shift in market direction that causes the zone to break. However, we don’t just sit and watch the zone break and let our trade get stopped out. Once…
The Vega Flip Zone setup just turned a day trade into a positional trade.
I got busy with my business work and left my trades open. Since the market’s direction remained bearish, I decided to hold the position.
As I always say, your only job in trading and to maintain accuracy is to stay aligned with the current direction of the asset.
If you do that, you only need a setup that supports the current bias.
The rules remain the same:
Breakout → Retest → Entry
@Vegabro0
I got busy with my business work and left my trades open. Since the market’s direction remained bearish, I decided to hold the position.
As I always say, your only job in trading and to maintain accuracy is to stay aligned with the current direction of the asset.
If you do that, you only need a setup that supports the current bias.
The rules remain the same:
Breakout → Retest → Entry
@Vegabro0
🤝8😇1🗿1
KNOWLEDGE
The Vega Flip Zone setup just turned a day trade into a positional trade. I got busy with my business work and left my trades open. Since the market’s direction remained bearish, I decided to hold the position. As I always say, your only job in trading and…
Reached Almost 10k doing nothing !
I barely opened the charts since last week because I knew the Flip Zone setup break meant one thing: hold and let the numbers play. Haha 🧿🗿
@vegabro0
I barely opened the charts since last week because I knew the Flip Zone setup break meant one thing: hold and let the numbers play. Haha 🧿🗿
@vegabro0
🗿5❤2🤝2🔥1😇1
1.
If I ask you, "What's the current direction of the price in this image?" you'll probably say bearish, right? That's easy.
It's just a drawing that's basic.
But what about real charts?
Looks a lot tougher, doesn't it?
Everything is easy on drawings, but the market doesn't move like that in reality. It's easy to identify the direction on a chart that's already completed any kid could draw that. But what about real-time price action? Candle by candle?
Soon, I'll reveal some of the methods I use to identify the current direction of the market in real time.
Stay tuned. 🗿
@Vegabro0
If I ask you, "What's the current direction of the price in this image?" you'll probably say bearish, right? That's easy.
It's just a drawing that's basic.
But what about real charts?
Looks a lot tougher, doesn't it?
Everything is easy on drawings, but the market doesn't move like that in reality. It's easy to identify the direction on a chart that's already completed any kid could draw that. But what about real-time price action? Candle by candle?
Soon, I'll reveal some of the methods I use to identify the current direction of the market in real time.
Stay tuned. 🗿
@Vegabro0
🔥9🥰4⚡3🤝3❤1💯1😇1
It’s Not All But one of the deepest keys I could ever reveal, tbh.
But there’s something else you need to consider is:
Timeframes
The whole game is about how you manage and align your timeframes. Knowing which timeframe to use to determine the current direction, especially if you’re scalping.
And if the higher timeframe is also moving in your favor, you can even consider holding those scalps and letting them develop into a swing trade. 🤫
But there’s something else you need to consider is:
Timeframes
The whole game is about how you manage and align your timeframes. Knowing which timeframe to use to determine the current direction, especially if you’re scalping.
And if the higher timeframe is also moving in your favor, you can even consider holding those scalps and letting them develop into a swing trade. 🤫
🔥7⚡1❤1😇1