Hello Traders!
This videos main ideas:
SOP = Sunday Opening Price for the weekly range
Above SOP is Premium
Below SOP is Discount
Bullish week you should anticipate Mon-Wed to be the Low of the week and Thursday to be the High of the week
Bearish week you should anticipate Mon-Wed to be the High of the week and Thursday to be the Low of the week.
MOP = Midnight Opening Price for the Daily Range
Above MOP is Premium
Below MOP is Discount
Bullish week you should be looking to Buy Below MOP
Bearish week you should be looking to Sell Above MOP
Thursday's and Friday's often are the counter trend days to the trending weekly draw.
This videos main ideas:
SOP = Sunday Opening Price for the weekly range
Above SOP is Premium
Below SOP is Discount
Bullish week you should anticipate Mon-Wed to be the Low of the week and Thursday to be the High of the week
Bearish week you should anticipate Mon-Wed to be the High of the week and Thursday to be the Low of the week.
MOP = Midnight Opening Price for the Daily Range
Above MOP is Premium
Below MOP is Discount
Bullish week you should be looking to Buy Below MOP
Bearish week you should be looking to Sell Above MOP
Thursday's and Friday's often are the counter trend days to the trending weekly draw.