The importance of annotating the previous week is immeasurable.
This gives you the proper perspective of where price has been and will likely go the following week.
As Snipers in the Markets we rely heavily on past price action because it is indicative of future price action.
Often times equal lows will get swept, imbalances aka FVG will get filled and equal highs and lows will get smashed.
These are all areas that the algorithm that delivers price to the market reaches for at specific times of the day; every day in this multi TRILLION dollar space we know as FOREX.
By studying your weekly analysis you are studying YOUR map of Price action on the asset that you are trading. You then get in sync how it moves, when it moves, and what levels of liquidity it will reach for.
This chart is an example of the POWER of annotating the asset you trade and identifying the different times it moves. When you capitalize on these movements you capitalize on the PIP$!
Never over leverage. This keeps your head in the game and allows your perspective to stay objective when draw downs will inevitably happen. You won't pull the trade early, and you'll allow the trade to manifest.
Trust your set up. You wrote the script. You took the time to study price and where it has a high probability chance of going. Give price time to get there. Often times it will.
Have Fun! This is the only space where you can make as much money as you want every day of the week!
I AM Pro Trading Made Simple. Master Jedi-Sensi of #SniperGang
Everybody Eat$
This gives you the proper perspective of where price has been and will likely go the following week.
As Snipers in the Markets we rely heavily on past price action because it is indicative of future price action.
Often times equal lows will get swept, imbalances aka FVG will get filled and equal highs and lows will get smashed.
These are all areas that the algorithm that delivers price to the market reaches for at specific times of the day; every day in this multi TRILLION dollar space we know as FOREX.
By studying your weekly analysis you are studying YOUR map of Price action on the asset that you are trading. You then get in sync how it moves, when it moves, and what levels of liquidity it will reach for.
This chart is an example of the POWER of annotating the asset you trade and identifying the different times it moves. When you capitalize on these movements you capitalize on the PIP$!
Never over leverage. This keeps your head in the game and allows your perspective to stay objective when draw downs will inevitably happen. You won't pull the trade early, and you'll allow the trade to manifest.
Trust your set up. You wrote the script. You took the time to study price and where it has a high probability chance of going. Give price time to get there. Often times it will.
Have Fun! This is the only space where you can make as much money as you want every day of the week!
I AM Pro Trading Made Simple. Master Jedi-Sensi of #SniperGang
Everybody Eat$