bnbs_

bnbs_

I’m more of a day trader and ‘ve been starring at the market structure since yesterday to understand what it’s saying and is far, I’ve been able to open a short position… Wonder what it’ll do next.

bnbs_

As seen in the chart, we already identified our trend, we also found our liquidity, what we are expecting is a break of structure. Once that happens, and the market reaches the POI, then we go short.

bnbs_

This strategy is all about having patience and not forcing signals where there isn’t. Let it tell you what it’s doing and let it come to you.

bnbs_

I guess it’s time I do swing trading… I have been doing researches on Order blocks for few days now and I decided to test it today with a live account.

bnbs_

Here is what I expect of the market in the coming week

bnbs_

On the 1H Tf there was a Head and Shoulder formed that indicated a thread change but not for long cos on the 24hr TF the head and shoulder was a way of completing a new higher low on the trend market. OANDA:XAUUSD