DXY Trading Journal
DXY Trading Journal
Feb 6
Well I was wrong yesterday in my analysis. Why?
I was following the premium to discount logic, and also so new that not seeing HTF institutions order flow.
Feb 5 note
"My logic says if price takes out the noted sell side liquidity it should react and seek the 50 level at 108,000, and yet it could just keep seeking lower prices."-yesterdays quote.
Price lowered to below the 50 level wicked through the weekly BISI/volume imbalance from Jan 27 also coming to the .618. on the daily chart.
The previous range is in a discount. I would suspect that Price could seek higher Prices to rebalance the hourly FVG and the equal highs. If price comes to the 107.775-107.820 for the London session and seek lower prices in NY.
Feb 6
Well I was wrong yesterday in my analysis. Why?
I was following the premium to discount logic, and also so new that not seeing HTF institutions order flow.
Feb 5 note
"My logic says if price takes out the noted sell side liquidity it should react and seek the 50 level at 108,000, and yet it could just keep seeking lower prices."-yesterdays quote.
Price lowered to below the 50 level wicked through the weekly BISI/volume imbalance from Jan 27 also coming to the .618. on the daily chart.
The previous range is in a discount. I would suspect that Price could seek higher Prices to rebalance the hourly FVG and the equal highs. If price comes to the 107.775-107.820 for the London session and seek lower prices in NY.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.