Hello Traders! Here is what your weekly candle did today. High of the week Tuesday. Low of the week Thursday. Higher close to the week on Friday.
Hello Traders! Hope this paints a great picture of discount vs premium Tuesday is below Sunday's Opening Price and Midnight Opening Price. Commercials are more likely to buy. Wednesday is above Sunday's Opening Price and Midnight Opening Price. Commercials are more likely to sell.
Hello Traders! Another year of me preaching this simple concept of Midnight Opening Price. I do not see 95% traders speaking about this nor know what it is. So let me expose you to real forex education. I linked other examples to this video please check them out and look at them in your charts. Stop making trading hard. -D'onte
Hello Traders! Midnight Opening Price is a great concept to understand price action from a smart money perspective. Here I am showing this weeks price action and we can see the market was overall trending bullish after a HTF liquidity pool was taken. When the markets are Bearish: Seek to sell above M.O.P The high of the day is most likely going to form in...
Hello Traders! Midnight Opening Price is a great concept to understand price action from a smart money perspective. Here I am showing this weeks price action and we can see the market was overall trending bullish after a HTF liquidity pool was taken. When the markets are Bullish: Seek to buy below M.O.P The low of the day is most likely going to form in the...