*SMC* NYKZ spans 4 deviations of the Asian Session - And Often
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So Today was a day that Nasdaq Futures or most of Nasdaq charts decided to make a typical run that itusualy makes at least once or twice a week. And that run is the spance of 4 deviations of the original Asian Session.
As you can see I put the original Asian Session in the yellow box. Prior to the open I thought it would do this except I was 1 deviation off. I thought it was going to stop at one deviation below and run two deviations up.
However, after watching it closer, I could see that the 5:00 a.m. wouldn't be it's low point. There were other somewhat equal lows. And I could see that the price was going to continue dropping until it hit the Bullish Order block just below the second deviation of the Asian session.
After It dropped to the bottom of the Bullish Order Block, the time was 10:00 a.m. NY time, the ypical time it wil reverse. Pay attention to these times.
At that moment I put on a long and just wanited until It was either going to two deviations and then I was going to take 75% off my position and let move the stop loss to even and let the last of it run. And so I did. Infact, I actually let it run up to the third deviation because it had the high to beat.
This setup happens often. And I'm giving y'all a gem. Please use it to your advantage!!
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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.