ESCAPETheMARKET MAKER'SRETAIL HUNTMarket StructureTrendline,Channels,James Jecool KingMass Psychology1.)What is Mass Psychology?The term "mass psychology"is used to describe the market's collective mind,which includes the other traders who are taking positions that shift the marketfrom its impulsive to its corrective phases and into patterns,and ultimatelythe market as you see it.You can begin to delve deeper into your analysis andtake positions that are supported by your comprehension of the subject matterif you take a step back and realize that the charts are about humanpsychology.You can begin to see the market from a much clearer perspectiveby pairing it with the technical tools you learn in this handbook.Theexpression "90%of retail traders lose 90%of their capital within the first 90days"may or may not have been familiar to you.You must immediately realize that you are now a Golden Eagle member butwill never be a member of those 90%.You can do this by understanding that90%of retail traders use trading strategies that do not change with the marketand allow them to learn more over time.By understanding the proceduresthat they trade which is generally backing and opposition based with pointers,for example,EMA's and Fibonacci's we can in a real sense conjecture and seeprice activity play out supported by that comprehension.2.)News vs.StructureA lot of retail traders also use "news,"such as NFP announcements,to writetheir analyses and figure out where prices are going.By employing theGolden Eagle strategy,we have discovered that this is a lagging method ofmarket analysis,which you will learn.We have demonstrated this repeatedlythrough significant market shifts triggered by technical formations.The hugevolumes of momentum that appeared in the charts may have been visible tothose who were familiar with the financial crisis of 2008 or,more recently,the Brexit vote.However,the fact of the matter is that these shifts were only predicted bytechnical means prior to any kind of announcement being made.Because weare always 10 steps ahead of the market and our ability to forecast greatlyimproves over time,both of these instances demonstrate the power ofutilizing technical analysis in the form of patterns,structure,and nature.Weshould take a gander at a couple fast screen captures of Brexit as well as ofthe 2008 monetary emergency to get a thought for how and WHY this movewas guage well in front of the real news declaration itself.Impulsive PhaseVery clear bear flag continuation.Corrective PhaseBrexit MomentumImpulsive PhaseCorrective PhaseExceptionally clear rash and remedial stages with a third touch dismissal ofthe highest point of the bear banner continuation structure.The third touchwas merely an entry point,not a surprise,and this move was anticipated longbefore it occurred.