Remember this?
Bud Fox quotes Sun Tzu's Art Of War in Wall Street

Two examples from last trading session "irritating" your opponent

How do they irritate you?

Would you believe they occurred within a strong day to the upside?
The type of day you scale up your trade to achieve superior payouts?
A day that happens only 1-2 times a month that you must size up to book a big month?

Here is the entire move up on a zoomed-out view

How do you scale up your trade while navigating the two irritating periods above?

How do you adapt?

1. Understand when traders are frustrated wanting the market to move a certain way, bigger players will irritate them to shake them out of their moves or, better, force them to reverse.

2. The market typically moves into these phases after logical profit taking times. You'll notice on the charts the "playing field" markings that tell a prepared trader when to "no longer be long"

3. The tricky part, of course, is re-entering. This is where you note how many attempts to re-enter fail to move in your favour.

4. 2-3 fails? ==> Box & Bail. Mark up the area with a box. And no more trades until the market is clear of the box.

5. Use a micro view chart to highlight the area in question.

Like what you’ve seen?

Check out the advanced trading curriculum