Price does this thing I call Sniper Open.
It will throw a Judas Swing and shoot for liquidity like a bat out of the fires of hades :)
This happens everyday in the forex Market.
Price has a strict routine it adheres to and it rarely deviates from this.
The key to trading Forex is to anticipate these moves by trapping price at areas of structure it has been before in previous price action. Not to PREDICT.
Price has a mind of its own. Add millions of buyers and sellers, Fundamental, technical analysis MINDSET ... and you begin to dive into the network of FOREX.
You cannot force the market to do anything but when you get in sync with this dynamic machine you can actually trade with the software aka big money.
Time over Price is STRUCTURE. Areas of liquidity reside above the body of the candle up to the wick. Zone these areas and you will SOLID building blocks to formulate you trading strategy for that day.
(11:15pm-2am Set Ups Begin)
Prudence (to recognize limitations) dictates exiting a winning position long before the highs. Your range of perception is smaller then you think and you're part of a system that has many inputs that you can not see.
Never over leverage.
Trust your trade set up.
3-5 Pip Threshold. Never Over Leverage.
Have fun.
I AM PRo Trading Made Simple.
It will throw a Judas Swing and shoot for liquidity like a bat out of the fires of hades :)
This happens everyday in the forex Market.
Price has a strict routine it adheres to and it rarely deviates from this.
The key to trading Forex is to anticipate these moves by trapping price at areas of structure it has been before in previous price action. Not to PREDICT.
Price has a mind of its own. Add millions of buyers and sellers, Fundamental, technical analysis MINDSET ... and you begin to dive into the network of FOREX.
You cannot force the market to do anything but when you get in sync with this dynamic machine you can actually trade with the software aka big money.
Time over Price is STRUCTURE. Areas of liquidity reside above the body of the candle up to the wick. Zone these areas and you will SOLID building blocks to formulate you trading strategy for that day.
(11:15pm-2am Set Ups Begin)
Prudence (to recognize limitations) dictates exiting a winning position long before the highs. Your range of perception is smaller then you think and you're part of a system that has many inputs that you can not see.
Never over leverage.
Trust your trade set up.
3-5 Pip Threshold. Never Over Leverage.
Have fun.
I AM PRo Trading Made Simple.