Prepping a market for daytrading is an important part of my process and understanding and identifying the KEY LEVELS is the major part of that process.
We have to build a Price Action picture of what may happen and what levels may be targeted so we will be ready for a trade. Understanding who (buyers or sellers) is getting caught off side and levels the market is targeting, will set us up for the higher probability trades.
I discuss a few key concepts for Intraday trading and how I identify the important zones. I show some trade examples and high probability trade zones.
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