sure because that brought up talks of sooner rather then later tapering. it fuels the move to the downside but still doesn't change the fact that market structure is bearish and looking for shorts in the fiber should of been the focus not longs and having the news releases this week helped put...
yea i know, happens to me too when you miss a level and after your like damn it was right in front of my eyes. i keep different time frames set up differently but hopefully this helps to show how the .20 level was important
market structure was bearish so you should of been hunting shorts, yesterday was positioned to go up but it just shot up in to liquidity if you checked the daily chart and saw that the body of the candle could not close above the 1.3520 level should have confirmed that price wasn't going to...
Slightly off topic but I was watching the newest ICT video and about 40 mins in he discussed the use of other entry methods besides fibs. I have been focused on using fibs, and his newest fib concept in using hidden levels to enter during consolidations. Any one care to discuss his other methods...
hey Dan,
im looking for lower prices on the gbp/nzd. theres some strength in the metals and i see it reaching down to a key level on a weekly chart which happens to be in an order block.