DISCLAIMER
NO BUMS allowed, if you don't like making money and consistently downvote radical ideas and thinking because you are bitter and haven't made money for the past 12 months, then stop following me and LEAVE. This is a strictly NO-BUMS allowed post....
The previous week's NFP data session exhibited significant volatility, offering opportunities for both bears and bulls. However, amidst the fluctuations, the price action formed a distinctive heartbeat pattern. These patterns are more prevalent than commonly perceived, and by carefully examining various time frames, you can identify them.
I particularly appreciate this pattern due to its vast profit potential. However, success in capitalizing on it depends on having a clear understanding of the market dynamics and all movements will be data driven.
It should be considered as a consolidation point as market participants decide on the next direction.
On Monday we the CPI, equally as important but I don't think it will be as volatile. What will be important will be the fed speakers, all scheduled to speak on Tuesday, Wednesday, and Thursday!
Now lets zoom out to a monthly TF, again we are printing the same heart beat pattern. Still one of my favorite to accumulate a lot of money very quickly, but only if you know what you are doing!
NO BUMS allowed, if you don't like making money and consistently downvote radical ideas and thinking because you are bitter and haven't made money for the past 12 months, then stop following me and LEAVE. This is a strictly NO-BUMS allowed post....
The previous week's NFP data session exhibited significant volatility, offering opportunities for both bears and bulls. However, amidst the fluctuations, the price action formed a distinctive heartbeat pattern. These patterns are more prevalent than commonly perceived, and by carefully examining various time frames, you can identify them.
I particularly appreciate this pattern due to its vast profit potential. However, success in capitalizing on it depends on having a clear understanding of the market dynamics and all movements will be data driven.
It should be considered as a consolidation point as market participants decide on the next direction.
On Monday we the CPI, equally as important but I don't think it will be as volatile. What will be important will be the fed speakers, all scheduled to speak on Tuesday, Wednesday, and Thursday!
Now lets zoom out to a monthly TF, again we are printing the same heart beat pattern. Still one of my favorite to accumulate a lot of money very quickly, but only if you know what you are doing!
'LOGAN: FED SHOULD BEGIN DISCUSSION ON SLOWING ITS ASSET RUNOFF'