Price is subjective but Time is objective.
Knowing when to trade and when not to trade can make all the difference to your performance.
I’ll be going over the exact times to trade and when NOT to trade.
Let’s dive in 🧵
@ICT_Concepts We could easily drop down to the daily FVG between .618-.705 then bounce, but DXY looks bullish to me, like it found support @ 50% ready to shoot up targeting 104.555
80% of your time should be spent determining the Daily Bias
This is because the Daily Bias is crucial in trading. Without it, you're basically gambling on the lower timeframes.
This is my favourite way to determine Daily Bias. It's simple and easy to follow
Let's dive in 🧵
@MFHoz Sadly I agree. I thought the violent rise in price is ultimately stopping out as many shorts positions as possible before we make the final leg down. It’s no different to a violent move down in a bull market before making new highs.
$XLF (Weekly)
Could this be the start of a bigger move brewing on banks???
1.5 year base in the making and acting well, daily charts on $C, $BAC, $SCHW, $MS, $WFC, $GS, etc all look like textbook bull flags and EMA crossbacks
Posted $IWM chart yesterday, looking clean as well, $KRE similar look, keeping close eyes on all of these into end of year