HOW SMART MONEY BUILDS POSITION

One of the characteristics that the base (Accumulation phase) is completed is, the first breakout from the base (Range box) is mostly a fakeout (Manipulation) before price drops or rally in its intended direction (Distribution).

Sharp. ✌️

What pairs are you looking at today

It's already done that but was expecting a sweep of the Asia high at 60674, before newyork session then back to 60613

The basic demand and supply concept is key yes but the AMD is how those demand and supply concept works if you are buying at a discount or demand level, you need to picture what price is doing at that level, which is what AMD helps you in doing, if you master it very well like the charts I have shared if you check closely some are demand levels some are supply levels but you need to see the picture clearly if not you will become the liquidity for price movement

Infact before trading a demand or supply level always expect that the level could be swept at anytime so if that level is not swept yet, your money isn't safe at all

Look at the BTC chart you can see the market was already selling massively, infact so many were on that trade and price was moving smoothly all of a sudden a sweep happened there and immediately those SL were taken price started going smoothly to the downside so just see it that way yes supply and demand concept but if that supply or demand has not been swept don't be very confident of your money you can see the sweep of 77841

But high frequency traders can get in and get out before any sweep happens

It doesn't mean, you don't trade In seconds or minutes no, we can all say that's gambling, you can scalp and scalping can take you close to an hour for a trade, so all am saying is that when you want to trade you consider if levels have been swept if not keep a 1:2 or 1:3RR then you opt out, okay take example this ustech setup that didn't trigger @30508 level i have refused to remove entry untill price get to that low i anticipated @ 28606, I am there that's because there was a sweep.of the high before that move down, it's of my opinion that yes demand and supply is there but what happens around the supply and demand

Once it's out of that bearish channel, the buys will be good.

Currently in the sell the point I just marked is my entry, held through out yesterday and it came close to my tp reached 22k in the night and I was sleeping couldn't close it until this morning that it reversed my SL is at entry if it gets to 3500k I will close

My expectations this week on BTC. A push from 59500 price region to 60,600 resistance price region and possibly a break above to the next region at 62,000.

My BTC sell still holding got to 3k didn't see it and now at 6k it's just playing around with me I want to see a downwards break to like 12k before i wilk get my mind off it and its the only trade am holding right now, I don't know if I should close and do another analysis

Closed my BTC trade at 3500 as promised I will use that as SL for another trade later, but I know what caused that move, it was the 1am close before 5am open this morning, I just marked it with the crick

BTC TRADE IDEA : BTC is in an uptrend on 15min timeframe and, price made a retracement into a demand level clearing sell side liquidity and immediately reversed and there was a breakout to the upside leaving an FVG, i decided to place a buy limit order just at the fvg level and price triggered with zero drawdown

BTC took profit, more liquidity accumulated