Pay close attention to the last buying candle before the sell and notice the imbalance afterwards. This can confirm whether the order block is valid or not.
Happy Trading!
-Team Lamda
... and try to find multiple-100s of pips, even in over-manipulated junk such as the USDCHF.
Let's see if it's possible...
The title chart is the USDCHF Monthly, as it stands at the end of this quarter - 03/2021. What is the story here?...
It appears that this pair is rather predictable and has been obeying all the major support/resistance levels (PRZs), going...
Managing Risk Efficiently in Six Steps
Any analyst or trading guide will tell you how important it is to manage your risk. However, how does one go about managing that risk? And what exactly do they mean by managing risk? Here is a step-by-step guide to one of the most important concepts in financial trading.
1. Determine Your Risk Tolerance
This is a personal...