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2 935
I will continue looking for the Weekly Discount Array. I have to wait till price hits FVG or Bullish OB taking PLows. In order to enter short I will see if price gives me an entry at a Daily Premium Array
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For people that don’t know, right down GBP pairs are correlating with EG( due to Brexit), so whatever EG does, GBP pairs will do the opposite so if you wanna make analysis easier and have a stronger bias for yourself Analyse EG first to get an idea and use it to correlate with any GBP pair you trade
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One example, as you can see MMs main goal is simply Liquidity, we tend to focus a lot on LTF Liquidity when market accumulates and takes out a Liquidity Pool or for HTF, a Previous Day High/Low, however we have to remember that Price is Fractal, so even Weekly/Monthly TF need Liquidity to work still, and just like how we see price take out highs/lows for liquidity before reversal on LTF, the same happens on HTF. Here you can see MMs go on a downtrend for HTF Liquidity, where’s the next area of Liquidity? February’s Low, so they simply accumulate orders whilst pushing down bit by bit, then they use ECB to rally Price down and it takes out February and November’s Low for Liquidity, before reversal. So ONE thing MMs will do is use High Impact news to complete its current trade by taking out the HTF Liquidity it was trending towards before reversal/retracement
2 935
nfp took smallintermediate stops but left the most obvious and made a tripple top, engineering its onw future liquity levels, at an institutional number also
