A short transcript excerpt from a Kardec Trader YouTube video discussing how many traders get trapped by misreading range breaks and retests. The speaker endorses market maker theory and reframes apparent break-and-retest moves as manipulations within longer accumulation/distribution structures, then asks how to interpret a daily candle under this lens.
Some people support resistance traders, some people are range traders, etc. Etc. So when we get price, typically trade within a range. This is just a low. This is just a high. I really subscribe to market maker theory at this point is where 90% of people get trapped and they're like, this is a retest of the range. And we take a long right, that's that break and retest. I would actually frame this as some sort of manipulation back inside of the existing accumulation. And then I would look for this to be distribution to that. So if we then visualize that as your accumulation, this is distribution and this is manipulation. How can I frame my daily candle within this perspective?
