Market Analysis and Trading Strategies
After running up initially here,
comes back down below the lows in here but digs into
all this order flow. But specifically right into
consequent encroachment of the bullish daily propulsion block which is a order
block
and The market starts to move higher
Notice what it's doing first It's
taking buy side And trading up into an
inefficiency Then reverses and goes down
to sell side So one of the things for your notes For
non-farm payroll
Whatever side Of the marketplace it goes for First rate as
830 News hits
Usually not always usually that will be the false
Run so words I'll give you an example here it rallies
for the buy side first it takes traders Into the marketplace traps them
long They want to see it keep going Higher then market trades
lower And takes out the cell stops One anyone That
is long here
and Below recent Lows so they are Not permitted to be
allowed
To ride This up so Trap on Long stop Out any
shorts
Drop Lower
induce New shorts
Crush the longs
trap Them short
Accumulate the Sellside and then run for the buyside Here and Any
other higher timeframe draw On liquidity so
This candlestick Right here that Is your bullshorter Block again
same premise i used With the Daily chart here the high The wick to the opening Okay
so we're highlighting that You can See a small little gap Right
In
here so i'm not Highlighting the Gap that's the block
Of price Action between
This high
And that low That's Your fair value Got but i'm Highlighting
this Order block That has that Fair value got
That is Suggesting that We could go higher After
Stops have been taken That is A high probability Bullish order block
So we're looking for this shaded area Here the key Off of and
use To get An alignment with Price action Going
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