Got same too, took bounce and lost most of it on it, so BE total. Just one tip on those "trendlined" supply and demand zones, be much more patient than on flat ones, make sure that really whole area demand is taken out before considering entry, because otherwise they usually still bounce. Your entry was on point where it should be, but just heads up for future plays.
{quote} Got same too, took bounce and lost most of it on it, so BE total. Just one tip on those "trendlined" supply and demand zones, be much more patient than on flat ones, make sure that really whole area demand is taken out before considering entry, because otherwise they usually still bounce. Your entry was on point where it should be, but just heads up for future plays. {image}
{quote} Got same too, took bounce and lost most of it on it, so BE total. Just one tip on those "trendlined" supply and demand zones, be much more patient than on flat ones, make sure that really whole area demand is taken out before considering entry, because otherwise they usually still bounce. Your entry was on point where it should be, but just heads up for future plays. {image}
Main focus now USDMXN, this is under macro drive, liquidity is there, and bid is already building the demand, looking for longs, small sized on buying dips on demand and larger or normal size on proper micro plays.
USDMXN watching tape closely for possible longs, liquidity tightened as the stops were cleared from previous macro H1 high, same play as yesterday. No strong clues on long side yet but sooner or later something will pop up.
Hi Jan, may I ask why you did't jumped into the trade faster? For example right on retrace after break or when price was being rejected? I see structure which is not too simetrical but is quite visible with clearout and strong push up. Thank you
(binned per thread starter's request) Market bottom rotation trad
