The Turtle Soup strategy is a type of trading strategy that capitalizes on false breakouts. It was popularized by trading expert Linda Bradford Raschke. The strategy gets its name from the famous "Turtle Traders," a group of traders trained by Richard Dennis and William Eckhardt in the 1980s. The Turtle Soup strategy essentially seeks to profit from the failure of...
Expecting EU to move up into the premium zone and expect a drop from there
Gold playing out nice and EURCAD still dancing lets see how it will playout during New York
If price doesn't break the low of bms, that means the high is still valid, so i look to enter at the marked zone
If price doesn't break the low of bms, that means the high is still valid, so i look to enter at the marked zone
Price needs to clear out the trendline liquidity, M5 shows it clearly before going to the upside for the normal bear movement, so i wanna capitalize on the liquidity sweep $$