Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
描述
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The Judas swing term was named by ICT, he dubbed this swing concept and utilizes it upon the London Open. The idea is, the market makers will rally or sell price, normally just above or below the Asian session high or low (depending on institutional order flow bias) tricking buyers or sellers into the market to follow its direction. As the Judas swing high or low is formed, price is quickly reversed either taking out stops and or leaving traders out of the game. Judas swings can be seen on high and low time frames, though if you are an intra day trader, once higher time frame objective levels are in place and you have your directional bias in tow, you will be looking for the Judas swing to occur on a 15 minute chart time frame. You can also see the Judas swing develop on a 1 hour chart, though the 15 minute chart will show its intension a bit more clearly, when you know what you are looking for.
but what is the point of getting traders on the wrong side of the market?
jimjenkins80
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@Ladyyyy, banks need liquidity to put their orders in.
Ladyyyy
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@jimjenkins80 hey thanks for your response but why do they need liquidity to put their orders in? and what liquidity does one choose as there is liquidity at Relative equal lows/highs, highs/lows, Fair Value Gaps ect..
dodzilla34
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they need liquidity to fuel the Price. if no cash no market buys of sells. they know there are liquidities at those highs/lows because stop losses havent been targeted there. letting imbalances...
Ladyyyy
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hey @dodzilla34 thanks for your response. letting imbalances? What do you mean? so in other words liquidity is cash the the banks use to put in their orders. But in the case were we have layered liquidity how do we know which one will be targetted as we know sometimes they dont reach for the lowest SSL before retracing/reversing.. thank you
Ladyyyy
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hey @jimjenkins80 can you help with understanding what liquidity will be targetted? sometimes price doesnt even target liquidity it simply trades to a FVG and then continues up e.g. Gbpusd today NY session.