This wasn’t my original bias granted. But if you learn to read price action, you can adapt to the movements in the market and still catch amazing RR’s which is really the ultimate goal.
My POI is based off of a BTS that took out EQH’s last night in the asian session, looking to get in on the 2 pip SL, if this idea doesn’t work I will update you
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7:52am Wednesday morning, price has retraced up to an imbalance, consolidating below it which is a set up I like to take, will be taking conformation from the DXY first
Ok. Goal not reached but short term range 5-10 pips achieved. Even more...
Mateeka
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@Mateeka Isn’t that you really said making low risk money.
ZakRafiq0705
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@Mateeka, Literally man! Risking 0.5%-1% of your account on these trades you'll make a killing, but always remember the goal is to be profitable not to win
TRADESBYZION
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Totally agree
ZakRafiq0705
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Broken down on the lower TF, the spring formed was used to smash through. It looks like smart money wants to sink lower before capturing orders above. The reason for this may be that there is a sell in drawdown stopping the market reaching higher
ZakRafiq0705
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For the people who are studying wyckoff, we have just formed a spring on the 1m TF
ZakRafiq0705
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We broke 5m structure upwards, waiting to see if it will respect the level or move higher