Market Open To Do List
Mark Opening Price - If the directional bias is bearish you would expect for price to trade above MOP to set a high to sell off during the week - Vice Versa for the Buy scenario.
Note where price has shown a quick shift away from a specific level. This helps determine if buyers or sellers are in control of the market.
Goodday to you all. GBPUSD this week took a turn for its long running bullish run, overall trend in price is bearish but I'm one of a few that is expecting turns from here on. Planning for the new week GBPUSD just ran an old low(thanks to NFP push downwards) on violation of that low I'd be expecting a correction back upwards (meaning price ran stops resting below...
Goodday to you all. GBPUSD this week took a turn for its long running bullish run, overall trend in price is bearish but I'm one of a few that is expecting turns from here on. Planning for the new week GBPUSD just ran an old low(thanks to NFP push downwards) on violation of that low I'd be expecting a correction back upwards (meaning price ran stops resting below...
