If you cannot define exactly what you are doing in the market—what you’re risking, why you’re entering, and where you’re wrong—then you aren’t trading, you’re guessing. Precision is not optional; it’s the barrier between strategy and self-deception.
📌 Liquidity & Market Structure
Currently, market structure and liquidity are at odds—common behavior leading into major data events like NFP. As liquidity thins, price action can become erratic before the release.
A pennant-like formation is developing, but this isn’t a decisive factor in my approach—it provides context, shaping how I navigate the environment.
These conditions can easily catch traders off guard. Even a well-executed trade can fail if trade context and market context are misaligned.
📌 Important Note:
We may need to come lower on the daily or weekly timeframe to establish liquidity before any sustained move higher. NFP could act as the catalyst for this.
📈 Intraday Volatility Outlook
As volume picks up periodically, we could see strong intraday volatility.
The key question:
🔹 Will we see an early move lower before NFP, followed by a continuation higher?
🔹 Or will the market remain in positioning mode until the release?
🎯 Trading Approach
As traders, our job is to respond, not react. The goal is to adapt to liquidity shifts and execution flow rather than forcing a bias.
⚡ Let’s see how the market unfolds.
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.
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.