Lesson 3: Anatomy of The Feast

Question 1

Types of Feast Breakout

Answer 1

FEAST - All Time High Resistance, Breakout, ir A Multi Year Breakout (preferred) ->
3 months resistance broken ->
1 month resistance broken (30%) ->
1 week resistance broken

Question 2

Parts of Anatomy of the Trend

Answer 2

1st Step: Trend Resistance Breakout (TRBO)
2nd Step: Initial Runup Insulated Consolidation Resistance Identification
3rd Step: Early Magic
4th Step: Late Magic
5th Step: Pullback

Question 3

Explain how to predict your exit price after TRBO

Answer 3

You can use Fibonacci to trace your exit price from last FIBB created years back

Question 4

Definition of Initial Runup Insulated Consolidation Resistance Identification

Answer 4

Coin establishes a HH pattern and normally higher than the longer term MA (bb50)

Question 5

A triangle look like where consolidation occurs

Answer 5

Apex of Consolidation (Triangle of Life)

Question 6

Early Magic Signs

Answer 6

• Normally Above 1.618
• Can see pullbacks but can bounce from a long term moving average
• SWEET SPOT for traders to earn massive

Question 7

Signs of Late Magic

Answer 7

• Euphoric Moves
• Extended Moves
• 2.618 and up
• HH may take longer than usual
• Short Squeezes can happen

Question 8

Euphoric Moves Definition

Answer 8

A Trend movement that keeps trying to create a higher high

Question 9

Pullback Definition

Answer 9

• Signs of Fear, Left haand to be activated
• Shorting Opportunity post TLSBD

Question 10

What “Do not Catch the Falling Knife means?”

Answer 10

When the Market is on a Pullback do not try to trade long.

Question 11

What should we do when pullback occurs?

Answer 11

Support Identification

Question 12

What is the Meaning of Support Identification

Answer 12

• Bounce from support 2.618, 1.618 and 3.618 as long as there is no anomaly
• Transition From Bearish to neutral State
• Right Hand is Expected
• Wait for another LL

Question 13

Accumulation Phase

Answer 13

• Buyers in Control
• Price needs to penetrate the APEX Wait

Question 14

What is the purpose of the anatomy of the feast?

Answer 14

is to be able to teach you on how to be part of the trend early enough
so you could ride that trend and earn millions.

Question 15

Who is the Famous Trend Follower based on lesson you’ve watched?

Answer 15

Ed Seykota

Question 16

What are the Highlighted 3 lessons he have thought?

Answer 16

1. Buy on Breakouts
2. Set protective stops
3. A trend follower

Question 17

Three Elements of a Trend

Answer 17

• Initiation
• Hold
• Sell

Question 18

Challenges of Initiation

Answer 18

• Choppy and Ranging Market
• Boredom
• Never getting the earliest entry

Question 19

Challenges of Hold

Answer 19

• STOCKED in a CONSOLIDATION
• Hanging to a large Profit
• Boredom

Question 20

Challenge of Sell

Answer 20

• Never Selling at the higher HIGHS
• Complacency