As you can see we are currently breaking lows after having filled the 1H FVG we annotated earlier today.
We are pass half the month and we seem to be confirming a raid of the sellside liquidity by the end of the month (lows of the range). Ideally we would want to see us aggressively trade lower upcoming week(s)... which we may get with a few numbers coming out (prone to higher manual interventions) and some earnings (influencing most traders to over play there hands)....
Wouldn't be a bad idea to start next month around or below the lows of the range.... let's see
I will personally keep these details in the back of my mind but will TRADE THE CHARTS AND WHAT THE MARKET GIVES ME.
Taken another scalp (short) from 37243 to 37223... will wait until the trading break and trade the NY evening for a change.
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.
We are pass half the month and we seem to be confirming a raid of the sellside liquidity by the end of the month (lows of the range). Ideally we would want to see us aggressively trade lower upcoming week(s)... which we may get with a few numbers coming out (prone to higher manual interventions) and some earnings (influencing most traders to over play there hands)....
Wouldn't be a bad idea to start next month around or below the lows of the range.... let's see
I will personally keep these details in the back of my mind but will TRADE THE CHARTS AND WHAT THE MARKET GIVES ME.
Taken another scalp (short) from 37243 to 37223... will wait until the trading break and trade the NY evening for a change.
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.
