I Lost $50K Before I Learned This Strategy
If you’ve ever felt the sting of a losing trade, trust me—you’re not alone.
There was a time I watched $50,000 evaporate from my trading account. Every trade I placed felt like a gamble. I chased indicators, followed hype, and got burned over and over. I was trading blindly—until I discovered the power of Price Action Rejections.
The Wake-Up Call
The turning point for me was realizing that indicators were lagging, news was noisy, and signals were often conflicting. I needed a strategy that was clear, reliable, and rooted in market psychology. That’s when I stumbled upon a simple, visual concept: Rejection at Key Levels using pure price action.
I started studying candlestick behavior at support and resistance zones. What I found was gold.
The Power of Price Action Rejections
Let me break it down simply:
When price approaches a key level—like support or resistance—watch what the candles do. The story they tell can give you high-probability trade setups. There are two scenarios that changed the game for me:
Scenario 1: Bullish Rejection at Support
Market is falling with strong bearish pressure.
Price reaches a support zone.
A bullish engulfing candlestick appears—buyers are stepping in.
A wick rejection confirms the rejection of lower prices.
Entry is made on bullish confirmation.
As price rallies, strong bullish pressure allows you to trail your stoploss and ride the move.
🎯 This is where I used to panic and sell too early. Now, I wait for the confirmation and enter with confidence.
Scenario 2: Bearish Rejection at Resistance
Market climbs with strong bullish candles.
Price hits a resistance (former support) zone.
A rejection candle forms, often a shooting star.
Bears begin to step in.
On candlestick closure, I take the trade short.
As price drops, I trail my stoploss and let the trade play out.
--- check out my pinned post for exclusive rewards ✅🎁