Taken a nice long scalp to start the day from the 30min OB which held.
Entry 18269.3
TP 18273.5
SL 18266.5
We are still trading around the buyside liquidity we noted yesterday (blue box) and we will have some news later today as well (8:30 am NY time). So will look to see how we can play the manipulation.
I've highlighted the HTF range buyside liquidity and sellside liquidity (green lines)
In my opinion we are currently trading around the middle of the HTF range so will tape read and follow the market until we get the news and the manipulation that is to be expected.
TRUST YOUR SYSTEM AND FOLLOW THE MARKET
NO EMOTIONS...NO DREAMING... JUST TRADING WITH A PLAN AND RISK MANAGING
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.
Entry 18269.3
TP 18273.5
SL 18266.5
We are still trading around the buyside liquidity we noted yesterday (blue box) and we will have some news later today as well (8:30 am NY time). So will look to see how we can play the manipulation.
I've highlighted the HTF range buyside liquidity and sellside liquidity (green lines)
In my opinion we are currently trading around the middle of the HTF range so will tape read and follow the market until we get the news and the manipulation that is to be expected.
TRUST YOUR SYSTEM AND FOLLOW THE MARKET
NO EMOTIONS...NO DREAMING... JUST TRADING WITH A PLAN AND RISK MANAGING
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.
