J Dalton Trading How to Observe a Market Part 2

Part two of this two-part series will continue to discuss how to watch a market. The concentration will be split between rotational trading markets, where you are often going against the last short-term auction, and higher confidence markets that you should think twice about fading or going against.
We’ll also discuss one of the biggest errors traders make: fading high confidence markets. Additionally, we will discuss how to know what timeframe traders are dominating the current market. Outcomes vary widely depending upon which timeframe is dominating the auction.