Luxalgo
How Spotting Liquidity Can Help Your Trading StrategyUnderstanding where liquidity exists in the market can help enhance your trading success in a few ways:
1. It can help you understand where potential blocks of liquidation could occur. The market is often attracted to these block and will liquidate there.
2. It can help you confirm patterns that exist on you charts
3. It can help you spot new patterns which you may not have spotted previously.
Let's take a quick look at the "Liquidity Swings" indicator by LuxAlgo in this video.
STX IS CLEAR FOR LAUNCHLook at this weekly chart. What can i really say about it that you cant already see. And well if you cant then its time to buy some more. Holding up to the trend you can see price this week with a strong bounce to the topside. New ATH? possible. This is one of my best preforming investments. Bought this well under a dollar and i dont think it will ever see red. Its a big bull for me on STX
Did AMC Bottom? I know #AMC has been nothing to look at, but sometimes you gotta stick with your gut. The four hour chart looking like a db but the bigger picture is if you zoom out to the daily or the weekly. Price has been sitting on the 4.00 level unable to break lower. Bigger picture price seems to have resest and is siittin on a previous order block. It may be wishful thinking but I think at this price it cant hurt. Long on AMC
please comment or boost this idea if you agree
ES eminiCME_MINI:ES1!
Will this years ES emini futures bull run last?
Will this current measured move sustain to higher levels?
Tough call not knowing what the man in charge will be doing at the next FOMC meeting.
Until then, we trade what we see, and what is in front of us.
So for now, I see some headwind moving up from here, OB's everywhere.