SMC
STUDY ( EOD )Understanding where the liquidity in the market is our edge, now note we are not anticipating a change in detraction, but a pullback after the swipe of liquidity at least 20-30 pips pullback, we take advantage of the pullback that why we go deeper to the ltf to look for entry, so we can get into the trade, and know where to get out
Journal for 22 of dec 2022Asian had a bit more volume than usual, Asian high cleared the previous daily high that was just creating more liquidity, my main entry for the over sell was after Tuesday got cleared, nd there was a break of structure, and we had demand failures, but I was able to take risk sell just above the clear if Asian high, I will say that not advisable because London sessions has not open but Asian high was cleared, it would be better if you wait for London open and watch out for Tuesday high that was not cleared.