We're not trying to get a daily bias every day🙅♂️
We are trying to determine the direction of the WEEKLY expansion↕️
We are trying to determine the direction of the WEEKLY expansion↕️
🔹Does price want to run to an old low?
🔹Does it look like its gonna run to an old high?
🔹Is it running to an imbalance below or above the market price?
🔹Is it likely not to move because there is no data for it that week ?
🔹Does it look like its gonna run to an old high?
🔹Is it running to an imbalance below or above the market price?
🔹Is it likely not to move because there is no data for it that week ?
Think of WHO is in the crosshairs🎯
-Have people been making money going long?
-Is there a low they're gonna try to run down and stop them out with it?
That will be enough for us to frame an expansion going lower in this example 📉
-Have people been making money going long?
-Is there a low they're gonna try to run down and stop them out with it?
That will be enough for us to frame an expansion going lower in this example 📉
Where are the high or medium impact news events for the market that you trade?🚨📰
What day of the week and what time?⏰
What day of the week and what time?⏰
Lets say for example we are expecting the weekly range to expand lower⬇️
On the news events we wanna hopefully see something that runs us HIGHER into a FVG or run above stops, then break down showing displacement then creating a FVG to SHORT!
On the news events we wanna hopefully see something that runs us HIGHER into a FVG or run above stops, then break down showing displacement then creating a FVG to SHORT!
We are looking for these setups intraday in our kill zones at the time the economic calendar says the news drops🧠
forexfactory.com)
forexfactory.com)
TO SUM IT UP:
We are looking for the weekly candle to expand in a specific direction…this starts our bias
Then…
If I think it's going higher/lower for a specific target or imbalance, we will go to the economic calendar to look for when that might occur✅
We are looking for the weekly candle to expand in a specific direction…this starts our bias
Then…
If I think it's going higher/lower for a specific target or imbalance, we will go to the economic calendar to look for when that might occur✅
if you found this helpful I would greatly appreciate it if you gave it like and retweet, thank you!💚🫂
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