Wrong Tool, Wrong Tape, Wrong Result



Wrong Tool, Wrong Tape, Wrong Result

by Blake Young


Hey trader, 

There are two types of entry signals:  One fires when price hits a level. The other fires when price accelerates through a level with volume behind it.

Far too many people assume they're interchangeable. 

That assumption costs money on days when the tape shifts from momentum to chop and back again within the same hour.

They take whichever signal appears first and assume the setup will work regardless of what the market is doing.

And I want to help you understand why and when to use each one.

Wednesday's session across the S&P 500, gold, the euro, and crude oil showed exactly why the distinction matters. 

The first 30 minutes produced massive directional moves driven by hot PPI data and rising geopolitical tension.

Then everything stalled at the zero line and sat there.

The tools that worked in the first phase gave nothing in the second. 

Knowing which tool matches which phase determined whether you traded or sat on your hands.

 


 

Wednesday's session produced called trades across multiple markets in real time. The methodology behind every entry is the foundation of the 10% Club.

I walked folks through beacon trades, Bollinger Band breakouts, channel plays, and stop management live every session. Same signals. Same rules. Same discipline.

👉 Join the next 10% Club session

 



Disclaimer: Neither TheoTrade.com  or any of its officers, directors, employees, other personnel, representatives, agents or independent contractors is, in such capacities, a licensed financial adviser, registered investment adviser, registered broker-dealer or FINRA |SIPC |NFA-member firm. TheoTrade does not provide investment or financial advice or make investment recommendations. TheoTrade is not in the business of transacting trades, nor does TheoTrade agree to direct your brokerage accounts or give trading advice tailored to your particular situation. Nothing contained in our content constitutes a solicitation, recommendation, promotion, or endorsement of any particular security, other investment product, transaction or investment.Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past Performance is not necessarily indicative of future results.

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