Notes
- The Seek and Destroy profile refers to market environments where price moves back and forth, trying to “hunt” liquidity levels. These markets create false signals of reversals or continuations, which can grind down traders who try to catch the next big move.
- The beginners may not fully appreciate this concept. However, seasoned traders who have lost money will likely find value in understanding the Seek and Destroy market profile to avoid trading in such environments.
- While such markets are technically tradable, they require nimbleness and skill. Most traders, especially less experienced ones, struggle to capitalize on such conditions without getting caught in false moves.
- When a market consolidates, price tends to gravitate back toward the middle or equilibrium, with quick surges higher or lower that ultimately fizzle out.
- During the week of the Jackson Hole Symposium, we can expect a Seek and Destroy profile every day.
- The ability to sit on the sidelines when conditions are unclear is a sign of wisdom. Conquering the fear of missing out (FOMO) is critical to trading consistently and successfully in the long term.
- The focus should always be on waiting for a clear opportunity rather than jumping into the market based on impulse or emotion.
Seek And Destroy Market Profile
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