Useful Trading Clues from the Market Open Part 2 🍳👌

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What The Market Open Tells You! Part 2 PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! This is about getting useful trading clues from the open that we can decipher and which we can use as mounting evidence to either confirm or negate our trading hypothesis. We discussed Parts 1 and 2 in the first video (see description below for link)

1) Position of the Open - where is the position
2) Range of the Open - what is the range relative to the priors day..etc
3) Response of the Open - say we have come across some key levels of resistance and we want to see the response of the Open to that. If we rip up straightaway in the first 15 minutes after the market opens and start holding above a key level, what do you think the herd are going to go?
4) Behaviour of the Open - what happens in that first 15 minutes? Very often we see what we perceive to be extreme strength only for it to fade off again. We need to see the patterns that really indicate supply-demand imbalance. I used to fall for this a lot; getting sucked into what I perceived to be momentum only for the market to fade straightaway and getting frustrated. Yes, you will lose some of the opportunities but if this avoids me getting caught out by all those silly-go-rounds then that's a win for me.

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Related Videos in the Price Action Trading Series
What is Price Action Trading? ☝
https://www.youtube.com/watch?v=-pCePkAHcqw
What The Market Open Tells You! Part 1 🔍
https://www.youtube.com/watch?v=du0521KDJqk
Useful Trading Clues from the Market Open Part 2 🍳👌
https://www.youtube.com/watch?v=idDRo-L_OvM
What The Market Close Tells You! Part 1 🔍
https://www.youtube.com/watch?v=vzX50IJhwag
Useful Trading Tips From the Market Close Part 2 🔍
https://www.youtube.com/watch?v=QIbMKnaYBSY
Trading Clues From a Large Daily Range 👌
https://www.youtube.com/watch?v=nOKe5wG4AC4
Trading Clues from the Overnight Session Part 1 🔍
https://www.youtube.com/watch?v=l4eW9I7mrLw
What Overnight Price Action Can Tell You Part 2 🍳👌
https://www.youtube.com/watch?v=EAM8qO6MYvQ

Видео Useful Trading Clues from the Market Open Part 2 🍳👌 канала UKspreadbetting