What I'm looking at on US30 and DXY. The dollar is currently hella bullish, making it difficult to get into trades as it doesn't offer a good enough retracement most of the time. this is a potential area i am looking at to get a reaction out of at the very least. lets see what PA shows us.
Observations and key trade times. Why do people trade session open times? Price is too volatile and you can get the direction wrong more often than not. Waiting for the lull stops any doubts you might have to get in line with the market and its true direction, use it as a confluence almost.
Break down of US30 trade i am in. Hopefully the area holds and can give me at least 5RR. DXY has just hit an inefficiency area so hoping for short term Dollar weakness
trade areas for EC, looking to take out the January highs for then a possible reversal. we have Dec 21 high to tackle also. after this we can target buy side liquidty
Top down to entry on a trade I'm currently in. Difficult one to trade as DXY is ranging but I can never ignore EQL or highs.
Expecting a liquidity sweep and order block mitigation then continuation to the downside.