Trading is easy but consciousness is very difficult !

Trading psychology and survival depends on skills and how you spot the trading activity of the strong holders out there. But when you have spend enough time looking for opportunities and when There does exist one and You timing is not right, and your consciousness is not upto the mark, then there is always chances that you feel discourage, but efforts always keep you upto the mark and keep you ahead of the market.

The recent Institutional activity has been spotted

What you need to do when you see a chart

Breakout

Whenever you first look at the chart first thing you do is to look at the overall trend , whether it is reversing, what price does after "Breakout", whether it is holding "higher Price".

And second thing you need to know is was there any "liquidation"? Price is making higher highs in the chart. after breakout and you see liquidation involved here as well and after that value shifts higher.

And Now new high is made and price reacting very slowly to the downside and it will probably rotate in the area for longer time.

Whether price holding prices at top after breakout

Immediate Reaction means Momentum Comes to again push the price high

Second thing to do to see how Price behave after breakout whether it falls immediately or holding the higher prices,and then what is the next move and if price liquidate immediately and rise again, then possible you will see immediate reaction, and by immediate reaction I mean rapid moves.

Now It could be culmination or start of a new trend, Chart will give you Hints and you should always need to book some profits, when you witness such activity to ride the best part of a trend.