A trader argues that break-of-structure analysis is too subjective, with different traders reading the same price action differently. He uses a 30-contract filter on the NASDAQ 1-minute chart and profile levels showing market imbalance to make entry decisions objective and repeatable instead.
Let's say that we have 100 people watching this and we say, okay, use a break of structure in favor of the trend. For someone, a break of structure is this. Yeah. For someone, can be external break of structure. For someone, they take the big swing and is this the break of structure? If I say to you, look, drop for the full day the profile, the profile is this one. This is the level where you are out of balance. Cannot be this, it cannot be this, it cannot be this. If I say to you, Riz, when you go here, just put a filter of 30 contracts on NASDAQ on the 1-minute, you cannot think it's here. Because you will see the ball. So it's really objective.
