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This wasn’t my original bias granted. But if you learn to read price action, you can adapt to the movements in the market and still catch amazing RR’s which is really the ultimate goal.
My POI is based off of a BTS that took out EQH’s last night in the asian session, looking to get in on the 2 pip SL, if this idea doesn’t work I will update you
My POI is based off of a BTS that took out EQH’s last night in the asian session, looking to get in on the 2 pip SL, if this idea doesn’t work I will update you
Comment:
7:52am Wednesday morning, price has retraced up to an imbalance, consolidating below it which is a set up I like to take, will be taking conformation from the DXY first
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@Mateeka, Literally man! Risking 0.5%-1% of your account on these trades you'll make a killing, but always remember the goal is to be profitable not to win
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Broken down on the lower TF, the spring formed was used to smash through. It looks like smart money wants to sink lower before capturing orders above. The reason for this may be that there is a sell in drawdown stopping the market reaching higher
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