Patrick2707

US 100 - Ranges overview

Long
CAPITALCOM:US100   US 100
As previously noted we were looking for the 4H buyside liquidity and we are finally getting it.
The market should soon take it out.

As you can see the weekly OB (red line) noted earlier in the week has been pivotal.
Something different compared to the trade ideas I normally post... nothing new..simply implementing my system on the HTF and showing you guys how the market moves one and the same way.... REGARDLESS OF THE TIMEFRAME

The market seeks liquidity and hunts it....our job as TRADERS is to FOLLOW THE MARKET AND MANAGE OUR RISK

Hopefully this helped and brought some more insight to you guys.

Tomorrow is Friday so don't hesitate to reduce your size and protect your profits of the week. If you had a 'bad week' so far... see it as tuition fees. You've paid your fees to the market (the trading school/university) and you will take it back next week.

We learn each and every day... the most important thing is NEVER GIVING UP AND ALWAYS BELIEVING IN YOURSELF.

Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
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