Kardec Trader breaks down three essentials: watch macro risk like Middle East conflicts that spike oil and trigger Fed hikes, follow volume to see where money actually moves, and use order-flow candles instead of regular ones to time trades better than price-action traders.
Suddenly in the Middle east, some Jews and some Arabs start fighting against each other. They will drive oil prices up and inflation up so the Fed will hike rates so markets will reverse and dollars will start going up. Gold will start going down together with stocks and risky assets. So always have your macros in check. Number two. Don't use price patterns, use volume instead. Price making a lower low doesn't mean it will keep doing that. Volume shows you where the money is going so you can follow the big. Lastly, stop using normal candles. Use order flow candles to literally put them on steroids. So if price reaches the zone, a price action trader will have to wait the close of the candle while an order flow trader will simply see through order flow before a price action trader can even realize that sellers are dominating and he can sell here. The price action trader will have to sell here so you get a timing advantage. So always look at orders because remember, trend might be your friend, but orders are your brothers and brothers don't lie. And if they do, you just know. Bro, give this guy a podcast.
