10 Questions
What is the first rule in zone selection according to the text?
Break market structure
What does the refinement of a POI (Point of Interest) refer to?
Looking for a lower timeframe POI in a higher timeframe
What is the 'Extreme' in the context of zone selection?
The zone that is closest to the protected structure
What is the purpose of identifying the inducement (IDM)?
To avoid making impulsive trading decisions based on price movements
What is a 'smart money trap' according to the text?
A liquidity zone before a POI that attracts smart money traders
What is the purpose of the 'Decisional' zone in the context of zone selection?
It is the zone that was created for the choch or the bos
Which of the following is NOT mentioned as a rule for zone selection in the text?
Trend direction
Which of the following is the most powerful rule for zone selection?
Break market structure
What is the purpose of identifying the 'protected structure' in the context of zone selection?
To identify the 'Extreme' zone
What is the significance of the 'Inducement' rule in zone selection?
It is used to avoid making impulsive trading decisions based on price movements
Learn about different zones in the market including premium, equilibrium, and discount zones. Understand how price levels in each zone can indicate potential market trends and trading opportunities.
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