Unlike ES and NQ, YM has failed to create a higher high on the daily timeframe suggesting that if we were to see some form of a retracement, YM could be the first mover.
My philosophy is simple...
Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go.
This includes;
- Market Structure - Buyside/Sellside Liquidity - Order Blocks - Liquidity Voids - Fair Value Gaps - Optimal Trade Entry - Premium/Discount Array - SIBI/BISI - Many More!
The strategies mentioned here are some of many that I use to implement into my analysis and over time, with consistency I aim to achieve a high degree of accuracy in the markets with the foresight and understanding to assess what went wrong when my bias is negated.
Credits;
- Michael Joe HUDDLESTONE - Shawn Lee POWELL - Toray KORTAN
Comment
⋅
As expected, YM was the first to move with daily lows already sweeping prior support @ $38,789. Currently trading in discounted territories. How far of a discount can YM go? $38,401 is where discounted territories is negated