Weekly Market Maker Cycle (Go With It)
Weekly Market Maker Cycle:
On a 1 hour or 4 hour chart, you should be able to find this weekly market maker cycle. If you know what Big Money/Smart Money is doing, trade with them.
The cycle starts on Monday and ends on Friday, MM (Market Maker) will mostly trap traders on Monday, everyone is back on screens and is expecting a highly productive week of trading. MM makes what we call a stop hunt, induce traders to take wrong direction. So MM will reverse price action against everyone.
This cycle has three stages:
1) We have accumulation where the market maker accumulates contracts.
2) Next we have manipulation, where the MM manipulates price against the traders that have been trapped on the contracts MM have accumulated.
3) Lastly we have the trend release, where the MM releases the intended trends after every stop loss has been hit.
The MM has three weekly templates that they follow, but they wont make this very obvious for everyone to see. Its there in front of your eyes its just that you don't pay full attentions to what is really happening on chart, instead you are being fed with useless indicators and zones. At times, MM may start trap on Friday, setting bait for traders to become victims next week. MM do that so on Monday, MM doesn't start on a empty slate, but with traders trapped from previous session or week. If you understand price action you can see this trap by the MM. Forex is a physiology game, which most realtor traders lose.
On a 1 hour or 4 hour chart, you should be able to find this weekly market maker cycle. If you know what Big Money/Smart Money is doing, trade with them.
The cycle starts on Monday and ends on Friday, MM (Market Maker) will mostly trap traders on Monday, everyone is back on screens and is expecting a highly productive week of trading. MM makes what we call a stop hunt, induce traders to take wrong direction. So MM will reverse price action against everyone.
This cycle has three stages:
1) We have accumulation where the market maker accumulates contracts.
2) Next we have manipulation, where the MM manipulates price against the traders that have been trapped on the contracts MM have accumulated.
3) Lastly we have the trend release, where the MM releases the intended trends after every stop loss has been hit.
The MM has three weekly templates that they follow, but they wont make this very obvious for everyone to see. Its there in front of your eyes its just that you don't pay full attentions to what is really happening on chart, instead you are being fed with useless indicators and zones. At times, MM may start trap on Friday, setting bait for traders to become victims next week. MM do that so on Monday, MM doesn't start on a empty slate, but with traders trapped from previous session or week. If you understand price action you can see this trap by the MM. Forex is a physiology game, which most realtor traders lose.