Measuring a range is very important as you are looking for trades.

Some key factors in these sells were :

·       Clean range to the left

·       Pre London Session

·       Candle confirmations

Trade 1:

15 min candle closed below support. Now since the 30 min candle was still open, some traders will wait for the 30min to close to take entries. There is nothing wrong with that. BUT, at times the candle keeps moving and you miss out the trade. So what do you do ?

You learn to focus on the 15min candles. Now we know two 15min candles create the overall 30 min candle so in this scenario, the 15min candle closed below support. When the next candle formed is dropped down initially in the first few seconds.

Trade 2:

Now this is where things get a little bit complicated. So bear with me.

When a candle closes with no wick to the bottom on a bearish candle in a bearish session trend, there is a 50-50 probability for price to continue bearish. But there are ways to skew this probability in our favor. Now listen to me very carefully : do not apply this from tomorrow. You have to watch it happen for a few months before you get confident enough to execute on this.

Both trades explained in detail with Video breakdown in "Trade Talk".