TradingView
LegendSince
Apr 7, 2024 7:21 PM

YM1! - Better Bearish Order Flow  

E-mini Dow ($5) Futures (Jun 2024)CBOT

Description

$40,358 all-time highs was printed at the beginning of the week but a drastic sell-off led YM to sweep below the Feb 14th bullish fair value gap @ $38,909 before a late friday retracement.

Inverted fair value gap between the 18-20th Mar 24 has been attacked and respected on the Friday so I will be keeping a close eye on YM to see whether it could be the first mover to the downside.

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
More