US10Y - Was My Overall Bias Burned?We started with continued upside movement with Friday creating the shift in market structure. My overall bias was bullish and still is on a macro perspective up to 4.40%.
Thursday and Friday were the days that we witnessed buy stop raid before a reverse which gives me the idea that we are in the cards for some form of continued retracement, at least up to the 4.2% region.
From a intra-day timeframe perspective, the NWOG upper and lower displacement I the area I would be looking at to expect tome form of rejection.
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