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Bilal - Forex - Calvin Combine - Daily Bias - Breaker - Mitigation
Bilal - Forex - Calvin Combine - Daily Bias - Breaker - Mitigation
of course it's not 100% but most of the time it works out, which is more than enough.
It has to have:
Bearish scenario:
1. a LH to the left,
2. HH in between (taking out liquidity of yesterday high), and
3. a LH to the right
Bullish scenario:
1. a HL to the left,
2. LL in between (taking out liquidity of yesterday low), and
3. a HL to the right
what Bilal had attached was the video showing
what happened to the right of daily candle 1.
what i had shown was a 3 day look back
liquidity purge to the left of the daily candle 1,
also to the right.
So if your bias for today is bearish you are expecting the daily candle to have a be red (C<O).
Therefore, you ideally want to get in above the Open in order to short.
So if your bias for today is Bullish you are expecting the daily candle to have a be green (C>O).
Therefore, you ideally want to get in below the Open in order to long.
Blue box in the picture is distribution towards the end of the day collapsing their short positions for day
trade.
Ending cycle of day trade.
Concepts from 2016/2017 - Mentorship month 8: Day trading