Disliked{quote} Frankly, I'm still puzzled by the concept of "targets"... If we view them as liquidity pools, they make sense on the smaller TF's, but not on a Weekly... The only liquidity resting on the extremes is dumb retail money, like myself, letting price get back to their stops or, maybe..., governments stepping in to protect their currency...Ignored
Would this idea about liquidity pools, volume, volume delta, smart and dumb money, retail stop loss hunting apply to you?
To what extent the forex market volume data and order book info is available to you ?
Assume retail forex traders have the same access, can retail traders with this data then transform to become profitable traders ?
If yes, how do we explain for the high attrition rate of bank traders ?
Trade the value
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