Setups Appropriate for each Particular Market Environment

Lets look at Setups Appropriate for each Particular Market Environment in this article.

Table of Contents

Let’s discuss the setups that are typically traded for each particular market environment.
By market environment, we don’t mean the past trend, but rather our expectations for future trend.

Within the S/R framework:

Important Info

The number of opportunities provided per hour will vary depending on your chosen market and timeframes.
Using the timeframes shown in the examples in this Course and website, we would expect around 1-2 setups per hour on average.
Sometimes it will be more. Other times it will be less.
If you are using higher timeframes and find yourself bored and seeking more action, DO NOT try to find additional opportunity in-between setup areas.
If you want more action then we encourage you to stick to the same strategy but just reduce timeframes.
Price approaching a setup area is not a guarantee that we are going to trade.
It is however a time to place yourself on high alert for trade opportunity.
Remove any distraction and focus.
Ensure you follow the price action (VPA) bar by bar volume analysis with maintaining your feel for sentiment.
And remain alert for areas suitable for stop positioning, targets and entry point, as discussed in the next slides.

That’s all for setups for particular market environment in the next article we are going to learn the steps for trading these setups.