Kardec Trader explains why waiting for liquidity to build before entering a trade is the key to profitability. After a big move on higher timeframes, skip the hourly and four-hour charts. Instead, watch the one- and five-minute charts for your entry point once liquidity pools.
You need to wait for liquidity to get built, right? If there is no liquidity on the chart, how am I supposed to build a direction? How much is to build a bias? Right? So that's where people struggle with the most in my opinion is the sitting on the hands and waiting for that liquidity to build. Once it's built in front of you being able to build a direction and bias in the market, it becomes ten times easier, right. Sometimes you see a big move in the market occur, right? And like let's say this is only the hourly or the four hour most likely I'm not trading this current chart for the next couple of days. Why? Because this big move has just occurred and that means it. Maybe you can go into the one minute and the five minute and try and find an entry but on the current picture right here on the one hour, four hour all I can mark on is we've taken out this high period. I don't see any other liquidity so why would I be trading.
