So we had some not so straight forward structure this morning. I often notice this when an inducement has been taken during the Asian session. That move did confirm the M15 low but because there was no inducement in the new leg that took the low, the 'would be' high becomes the inducement meaning that it can no longer be a high so I needed to update the map. IMO this is a good thing because the structure we were left with on London open was no good at all, I had considered calling it for the week.
Now the M15 IDM has failed, I will be looking for shorts above
Now the low has shifted and the high was invalidated, we are back to the previous forecast and the zones I had marked out previously are back in play. I am going to be aggressive today. I'm looking at a potential 'F' it Friday after scratching small percentages out all week!
Updates will be below but I will be slipping out to do shoulders and legs at some point over lunch BST
Speak soon
Now the M15 IDM has failed, I will be looking for shorts above
Now the low has shifted and the high was invalidated, we are back to the previous forecast and the zones I had marked out previously are back in play. I am going to be aggressive today. I'm looking at a potential 'F' it Friday after scratching small percentages out all week!
Updates will be below but I will be slipping out to do shoulders and legs at some point over lunch BST
Speak soon
Note
Schoolboy error. That zone I had marked above the inducement is an inside bar so is invalid. Apologies. The actual zone is just above but very small so I will be taking the order flow into account when looking for a reaction. I'm going to the gym Note
I executed this on my phone Trade active
Note
50% taken and break even, will look for a flip or re entryNote
So my worst case scenario is +1R and best is whatever it reaches if the M15 order block holds Trade closed: target reached
Vagrant market bully.
No course and no challenge passing, please don't ask. Luck is what happens when preparation meets opportunity.
No course and no challenge passing, please don't ask. Luck is what happens when preparation meets opportunity.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Vagrant market bully.
No course and no challenge passing, please don't ask. Luck is what happens when preparation meets opportunity.
No course and no challenge passing, please don't ask. Luck is what happens when preparation meets opportunity.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.