HIGH TIMEFRAME FVG STRIKES AGAINThey say look to the left right? Here we can clearly see the benefits of plotting previous level FVG's on higher timeframes, as well as basic daily liquidity. When plotting like this, it helps in contract selection. As options traders we're looking to make the most out of the market right? Whats sexier than a contract going from like .10 to $200!? By plotting liquidity and FVG's, we are aided in contract selection and it takes a lot of the hoping and wishing out of the trade. Are we sweeping liquidity or not? Are we on track to reach a higher timeframe FVG or not? Make sure you have your contract levels planned prior to market open so you can take advantage of these life changing moves!
My ideal entries. This doesn't always happen but its nice when it does!
- Break of 30m PMKT ORB (initial entry)
- Break of 15m ORB (add)
- Break of 30M ORB (add)
- Break of FVG (SELL!!!)
Just look to the left! Draw the lines, draw the boxes. and don't panic, you got this!
The blue shaded box at the bottom is a previous FVG plotted from the 6HR timeframe
Plot
Remember, Remember the 5th Nov, Bitcoin & the SEC's ETF plot!!Big tings with bitcoin going on this week and next
we finally seeing the calm before the storm and with a very likely EFT decision coming on the 5th November we may see some decent fireworks for this event
bitcoinexchangeguide.com
cointelegraph.com
so with this in mind, could set off the bull market
to do this we need to break 6500, 6800 and go well clear of 7k within 48hrs of after approval, momentum and strength is still key here
if all 9 ETF's are refused then expect it to dump and start seeing lower 6k areas being tested and possibly lower...
if buying in at the lows keep a tight stop loss but watch out for squeezes on futures, i think SL just under 6k would be very safe place
good trade to you all
5th November Poem remix...
Remember, remember!
The fifth of November,
The SEC may reason and plot;
I know of no season
Why the SEC won't be reasoned and why
Bitcoin can never be forgot!
Satoshi and his companions
Did the scheme contrive,
To blow up the Fiat and Bank lots
All up alive.
Threescore tickers, laid below,
To prove old NWO overthrow.
A stick and a stake
For King Bitcoins sake!
If you won't give me one,
I'll take two,
The better for me,
And the worse for you.
A rope, a rope, to hang the Fiat Pope,
A penn'orth of cheese to choke him,
A pint of beer to wash it down,
And a jolly good fire to burn him.
Holloa, boys! holloa, boys! make the bells ring!
Holloa, boys! holloa boys! God save the King BTC!
Hip, hip, hooor-r-r-ray!