WE were looking for lower prices after FOMC news release august 17 2022. i was expecting more lower price on GBPUSD. now these where the factor that influenced my BIAS
*we were still trading below yesterday midnight opening candle, and we had a shift in market structure to the downside after trading above on the london open
if you are trading below the opening candle of the day at 8:00am NY local time and the BIAS is bearish you should be looking for more lower prices. Now the market traded into the bearish breaker and we started seeing lower prices on the am session.
WE ATTACKED THE SELLSIDE LIQUIDITY.
WHERE THE market created a gap (FVG) on the 15m TF, I waited for price to trade into that inbalance and i took my entries down to 1.19400
the outlay clearly shows how i lay my chart.
*we were still trading below yesterday midnight opening candle, and we had a shift in market structure to the downside after trading above on the london open
if you are trading below the opening candle of the day at 8:00am NY local time and the BIAS is bearish you should be looking for more lower prices. Now the market traded into the bearish breaker and we started seeing lower prices on the am session.
WE ATTACKED THE SELLSIDE LIQUIDITY.
WHERE THE market created a gap (FVG) on the 15m TF, I waited for price to trade into that inbalance and i took my entries down to 1.19400
the outlay clearly shows how i lay my chart.
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