philip_chuky

philip_chuky Updated 

Lots of people suddenly wanna BUY HIGH due to FOMO, But the motto is to Buy Low and Sell High, Price had retested a Weekly OrderBlock above that caused It to reverse and drop on Sunday, and now it continues down due to liquidity, so the motto is to simply Sell High Entry was from the 30 min OrderBlock for LTF Entry

philip_chuky

I feel like a lot more retail traders need to get on board with ICTs concepts. One of the main reasons a lot of retail traders lose money is because they don’t Understand how the Market works so they are technically trading blindly. Market Makers Are the ones that move the market to create liquidity as without it, orders won’t be filled, and this is why a lot of...

philip_chuky

Using ICT Concpets, it’s led me to believe EU has a potential rally down, it took out a double top, an area of Liquidity where Smart Money can sell, its retested a breaker used to mitigate orders, so now overall bias is to short EU to the double bottom, another HTF level of Liquidity, maybe EU will reach for the range Low

philip_chuky

First Target would be the previous resistance to see if uptrend continues or not

philip_chuky

Have some important levels of support and resistance, if the market breaks up then you could use it as an opportunity to go long or if the market goes down and breaks through the previous support you could go short