I am anticipating that the New York Session manipulates the London session m15 Buy Stops, this will result in a Turtle Soup (False Break). If this occurs I will be interested in taking sells within the m5 order block after entry confirmation.
Note: Wait for the 2nd Quarter of the NY Session before considering sells, being 07:30 due to the fact that the first quarter tends to be less volatile because the session just opened.
Kind Regards,
The_Architect
Note: Wait for the 2nd Quarter of the NY Session before considering sells, being 07:30 due to the fact that the first quarter tends to be less volatile because the session just opened.
Kind Regards,
The_Architect
Comment:
We have filled the Liquidity Void and tapped into the m5 Order Block.
Now we want to wait for a market structure shift (CHoCH) meaning we want to see price make a HH, HL then break/ wick the previous HL on the 2min TF. When that has occurred we then want a pullback into a FVG and enter our sell with the SL on the 2min Swing High.
Refer:
Kind Regards,
The_Archi-tect
Now we want to wait for a market structure shift (CHoCH) meaning we want to see price make a HH, HL then break/ wick the previous HL on the 2min TF. When that has occurred we then want a pullback into a FVG and enter our sell with the SL on the 2min Swing High.
Refer:
Kind Regards,
The_Archi-tect
Comment:
I will be coming back tomorrow to continue the sell idea provided that I receive enough information to suggest that we are continuing lower. In any case, I could not participate in todays trade.
Refer:
Kind Regards,
The_Archi-tect
Refer:
Kind Regards,
The_Archi-tect
Refer below:
Kind Regards,
The_Archi-tect