Buyers are not buying rn residue buying is keeping price above the residual bar. And sellers have the opportunities but they are scared to lose against the dollar cus they can see smart buyers are waiting to buy lower prices ..
Thus the market is in the hands of the market and retail sellers.
But this didn’t mean go buy the pair as is nor it mean sell since it doesn’t mean buy.
Knowing when is something u have to be actively on the chart to see n know what it means after u understand what u need to see.. a skill that’s need to develop first.
Ex buyers will probably buy underneath the convincing of retail to buy likewise 4 selling. Knowing how that’s looks on the graph n how it manifested in the eyes of retail traders gives the best opportunities ex retail buy trendlines patterns weak bottoms n sale the opposite. Ex retail will buy the break of this pattern buyers would desire to buy below the retail order flow
To put it all together the best outlook will b a trap unto lower liquidity trapping retail buyers n sellers putting price back at the high which is a target for smart buyers .
Everyday at London we analysis pairs with our students enriching their analytical skills to be able to make good trading decision n not trading decisions made 4 them to do by the market
Tip u use demo to hedge and precede ur entry’s as a method to wean out false moves generated by them . Ex b4 u buy buy a day b4 on demo that d sl should be b4 ur entry. If u can grow a demo as a leader indicator not to trade it as a live but ( b4 trading) this means u have a good understanding of manipulation.
Gl
Thus the market is in the hands of the market and retail sellers.
But this didn’t mean go buy the pair as is nor it mean sell since it doesn’t mean buy.
Knowing when is something u have to be actively on the chart to see n know what it means after u understand what u need to see.. a skill that’s need to develop first.
Ex buyers will probably buy underneath the convincing of retail to buy likewise 4 selling. Knowing how that’s looks on the graph n how it manifested in the eyes of retail traders gives the best opportunities ex retail buy trendlines patterns weak bottoms n sale the opposite. Ex retail will buy the break of this pattern buyers would desire to buy below the retail order flow
To put it all together the best outlook will b a trap unto lower liquidity trapping retail buyers n sellers putting price back at the high which is a target for smart buyers .
Everyday at London we analysis pairs with our students enriching their analytical skills to be able to make good trading decision n not trading decisions made 4 them to do by the market
Tip u use demo to hedge and precede ur entry’s as a method to wean out false moves generated by them . Ex b4 u buy buy a day b4 on demo that d sl should be b4 ur entry. If u can grow a demo as a leader indicator not to trade it as a live but ( b4 trading) this means u have a good understanding of manipulation.
Gl
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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.