Hidden OB Mastery In response to MT's recent LONG on BTC, look closely at this 23H Hidden OB. It already had 6 earlier interactions. Why did MT (most likely) wait until this exact moment to enter a trade? Before reading further, please note that this post intentionally simplifies the scenario by not discussing many other important variables. Readers should understand how to effectively use posts like this in conjunction with their broader analysis.😘 You might ask yourself why not enter sooner when there were already multiple earlier chances (3x Long or 3x Short) at these price points: The simple reason for this patience is that there wasn't a clear closure above a Swing High (SH) or below a Swing Low (SL). Without this closure, the market hadn't shown a clear direction yet. Big players and institutions always wait for clear direction first, then a pullback into a key level, to fill their positions with the highest possible chance of success. Moneytaur consistently emphasizes the importance of waiting for clear confirmation before entering any trade. In this specific situation, if you had opened a position every time the price reached this 23H Hidden OB, you would have lost 6 times, and only the 7th time would have been profitable —> resulting in a very poor risk/reward (R/R). Apart from this particular example, many traders (myself included) often see a key level and blindly open a Limit Order. However, if a level has already been ignored multiple times, there is no guarantee the next interaction will yield your desired outcome. Here's the 12H chart, which Moneytaur often uses to reliably see where the market is headed after a closure above/below takes place. Notice how the 7th touch is after the 12H closed above first. Now look at the 23H chart. You see the exact same situation: no clear closure above a Swing High or below a Swing Low. Every time the price reached this 23H Hidden OB without clear market structure/direction confirmation, big players did not react, making it very likely for the price to ignore this level as well. This is one of several critical confirmation methods you can use to significantly increase your probability of success after identifying a strong liquidity level. Posts like this are typically created when I've recently discovered the importance of a particular method from Moneytaur. By clearly documenting it, I set it in stone for future reference, making it easy to track its validity and performance. In trading, nothing is 100% guaranteed, but striving to approach that ideal as closely as possible is the goal. Why settle for less?

Allegory of the Cave

S/O to @Moneytaur_ S/O to the boys in the discord S/O to some of the guys in the MT community and S/O to myself ofc😅 Realised profit at about 42% of my crypto portfolio this month Ofc not every month will look like this, but I know I've put in the work to make a month like this possible.

Our minds don’t simply observe reality; they also protect the identities we’ve constructed. The problem begins when protecting that identity becomes more important than confronting reality. A desired identity can become a form of social capital, bringing status, recognition, and influence. These rewards can be powerful on their own, even without monetary value. That social capital can eventually be converted into monetary value. Once monetary value from perceived competence is established, it could diminish the monetary value derived from actual competence. The problem arises when the incentive to appear competent, whether social or financial, becomes stronger than the incentive to actually become competent Inspired by Marcus Aurelius. Wording refined with AI

Tp 1/3 here at 4r/r. Remainder is for 78K

''The only way to get to the good stuff is through failure. Not around it. Through it''

Not targeting lower than this low for the current short. Me made a strong bottom on the 1W HOB with bullish weekly closes so expecting price to go higher. From the Current short I squeezed out 1.5 r/r if it hits BE which is solid

No community is immune to this. Not just the regular "retail" communities but also the MT community‼️

Information Cascade ✍️ Someone posts an idea. People see it and think ''That could work'' and start working out that idea themselves. More people join in and suddenly it looks like a lot of people independently came to the same conclusion, while in reality they're all building on the same initial idea The problem is that you're immediately introducing a bias into your thinking. You start working out different scenarios around that bias but if the initial assumption is wrong, your entire reasoning could be built on a rotten foundation How to avoid this? Start from 0. Work out the charts yourself and let them tell you what kind of scenarios could take place Only once you've fully worked out your own ideas should you start looking at other people's posts to fine-tune your existing ideas TLDR: Lay off X a bit and put in the work yourself first

Hope allows you to experience the future in the present ✍️ You can become emotionally attached to profits you haven't even made yet. Hope is useful when it motivates you to take action. But once you are in a position and start imagining how reaching BCS will feel it can give you a dopamine rush. You already start imagining how good you will feel with those profits added to your portfolio. After the initial excitement goes away again and price starts moving against your position you might start experiencing fear. When price eventually hits your trailing SL you might feel as if you've lost even though your portfolio has actually grown. Your emotions signal that something bad happened while objectively you've made a gain. (see picture) Hope can however turn into an actual loss because it can make you unwilling to exit at all. You might hold onto a position longer than you should and turn a profitable trade into a losing one. This is because closing the position means giving up the imagined future you've already become attached to. Hope is powerful but you have to understand its weaknesses. As with any emotion you need to understand how it affects you and your objective results.