- ask yourself: “what is the crowd waiting for?” “What do they need to see?”
- What would confirm in their mind that the trade is NOW?!”
- learn to see it before it happens
- create separation between you and the crowd
- be on the edge of them, so you can sense the mood, but don’t be inside the crowd
- be aware of the crowd but be OF the crowd
- be positioned in the quiet moment before they take off running
- let their energy propel your position
- if you are using “Red-Doji-Green-Go” on the 5s, consider the 1s or 3s as you see the front end of a doji occurring
- what’s a doji look like as it is beginning to form?
- a change in the downtrend that was the big red candle….failure to fail further, created the beginning of the doji
- that’s the time to dial in and listen carefully
- do you hear the absence of further failure?
- do you hear the quiet pause between exhale (fear, selling, money flowing out) and the inhale?
- (beginning to generate the energy of the next leg up)
- this is the “natural respiratory pause”
- this is the moment we train in marksmen
- to pull the trigger at a moment of stability
- in between the exhale and inhale
- it’s the most stable moment in the body
- there are 3 points in the breath: inhale, pause, exhale
- in your practice of meditation, do some breath work:
- 4 counts inhale, 4 counts pause, 4 counts exhale, 4 counts pause
- learn to recognize and feel each state
- learn the quality of the pause
- feel your smooth emotional state
- sip the air in, hold, let it seep out, hold
- now feel price breathing
- learn to dial in to the pace of the breath in the cycle that seems to be in force
- sometimes at the opening its 5s and 1s; later it may be 15s and 5s, or 60 and 15
- try Ken Cohen’s CDs on breathing meditations
- monitor the breathing of the crowd
- but don’t breath with them
- stay true to your cycle of breathing
- dont match their pace
- watch cats stalking and watch their breathing
