allows for stop loss to be near BE with a easy 5/10 pip scalp with taking a practical and seeing if it keep moving on the london express or take the whole thing off i dont give a dam just study what you see and i aint gonna respond to none of yall
price dropped while open interest also dropped while in a bull market showing smart money let go of there shorts gearing up for the next leg higher. All information can be found in " How I made 1 Million Dollars Trading Commodities Last Year" By Larry Williams circa 1973 or you can wait till next year when ICT or INNERCIRCLETRADER posts his mentorship on YouTube...
please remember all comments made is one talking to itself unless hoaned into the vibrations of someone else. Thank you, Good Luck. Happy Trading :)
Take it or leave it i ain't gonna reply
gold lagged while dollar was heavy on the down side. then dollar consolidated and gold shot like a rocket. Just something cool to study.
IF YOU DONT UNDERSTAND VISIT YOUTUBE.COM AND VISIT INNERCIRCLETRADER. THIS IS ALSO NOT HIS IDEAS IT IS MY OWN IDEAS OF WHAT I THINK. 1 means it can turn around. HOW LONG? no idea yet. Time will tell. 2? well if it blows past 1. 2 is my next agenda. And repeat for its turn around / go towards 3. That is all I will say.
Price should hit or break that thick red line hitting a monthly order block then either have a reversal, or consolidate then turn around long. I do this so i have a copy for myself and i adjust as the days go along/ i learn something new in school. I am 6 months into trading but 5 years at analyzing algorithm in charts fair warning anyone who looks at this. ENJOY :)