And then I saw prices draw downwards and I thought oh my we’re going down and the ship is about to sink and then I remembered that's not how liquidity works. price tapped into BSL and price rebalanced an imbalance on the 15m which created fairly equal lows and then took out those lows tapping into a breaker block for another entry, price then moved slowly do to...
Notice two big imbalances in price towards bullish imbalances that were being rebalanced
Time of day is key here because we usually trade the london ict kill zone and try to run a play off of our daily bias. This played out beautifully. We had our daily opne with accumulation of buy orders above the daily open with some classic london manipulation which swept buy...
I missed the cad move from 1.24 to 1.27 move but currently looking for short term longs. a potential head and shoulders is forming which will give me bullish confirmation to make my entry.
we all know the phases of fiat outflow of capital in crypto btc to eth to from eth to mid cap alts to small cap alts and then micro cap alts. I think we will have one last little shakeout occur once the bitcoin ETF is launched, phase two will then start and possibly "the flippening" follow the blue arrow on my chart that's how think its going to play out, this...
its easy mate look at the correlation in price between other pairs and trading will become so much easier cad hit a nice resistance broke out retested and I scaled down to the 1hr Fram for my confirmation of entry.
usdcad was on the verge of a breakout and its fundamentals seemed pretty bullish meaning I need more confluence to enter I then realized gbpusd looked like I was going to star moving downwards. gbpusd is correlated in price with usdcad, one goes up the other goes down Gbp hit a nice resistance and I automatically hit buy for cad making me a 22 pip gain on my...
