Part two of capitalising on a bullish liquidity run on buy stops.
To reiterate over the prior trade that I documented, my SL was hit with me in a extra $158 profit hence the reason I was doubling down this time round, with lower risk of course!
The goal was to utilise HTF to engage short with confluences such as order blocks and multi pair divergences and currently it's working in my favour of my overall bearish bias.
Bearing in mind this is a paper account with virtual money being risked as it's more about perfecting the strategy and utilising logic to understand where price action is and the likelihood of where its bound to trade to.
My philosophy is simple...
Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go.
This includes;
- Market Structure
- Buyside/Sellside Liquidity
- Order Blocks
- Liquidity Voids
- Fair Value Gaps
- Optimal Trade Entry
- Premium/Discount Array
- SIBI/BISI
- Many More!
The strategies mentioned here are some of many that I use to implement into my analysis and over time, with consistency I aim to achieve a high degree of accuracy in the markets with the foresight and understanding to assess what went wrong when my bias is negated.
Credits;
- Michael Joe HUDDLESTONE
- Shawn Lee POWELL
- Toray KORTAN
To reiterate over the prior trade that I documented, my SL was hit with me in a extra $158 profit hence the reason I was doubling down this time round, with lower risk of course!
The goal was to utilise HTF to engage short with confluences such as order blocks and multi pair divergences and currently it's working in my favour of my overall bearish bias.
Bearing in mind this is a paper account with virtual money being risked as it's more about perfecting the strategy and utilising logic to understand where price action is and the likelihood of where its bound to trade to.
My philosophy is simple...
Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go.
This includes;
- Market Structure
- Buyside/Sellside Liquidity
- Order Blocks
- Liquidity Voids
- Fair Value Gaps
- Optimal Trade Entry
- Premium/Discount Array
- SIBI/BISI
- Many More!
The strategies mentioned here are some of many that I use to implement into my analysis and over time, with consistency I aim to achieve a high degree of accuracy in the markets with the foresight and understanding to assess what went wrong when my bias is negated.
Credits;
- Michael Joe HUDDLESTONE
- Shawn Lee POWELL
- Toray KORTAN
交易结束：到达止损:
Stop hit once again in profit of $72.
Better to take some off the table than regret not doing so...
1.26053 is in the cards although I will sit this one out
Better to take some off the table than regret not doing so...
1.26053 is in the cards although I will sit this one out