US 30 - Ranges template and trading mentality
Here is a more visual perspective on the current US market.
We are currently trading in the lower quadrants, section and zones of the range and could expect the sellside liquidity from Friday 1 December to get ran. Let's be patient and see where the market wants to go.
As you all know I personally only trade ranges, FVG and OB's but it never hurts to look at other perspectives.
A lot of traders trade 'trading zones' and 'trend lines'.
There is nothing wrong with such strategies and they work as well as the pure pa we try to fully master. As you can see both our views on the market 'align' to a certain extent but our 'pure price action approach' allows us to eliminate the 'randomness' and 'damn the market is rigged' type of mentality range traders may face.
I understand trading 'ICT style' and learning pure price action is difficult and takes time. I have been at it for 5 years at least so I understand you all. TRADING IS HARD BECAUSE NOTHING WORTH HAVING COMES EASY. Very few remain in these markets guys - so be sure you at least give yourself a chance to be a participant for the next years to come.
Each and every day is a new opportunity for us to better understand the markets and apply what we learn during each month, week, day and trade.
Let's see how we trade for LDN and NY session today. Good to know ....Unemployment claims numbers at 8:30 am NY time.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
We are currently trading in the lower quadrants, section and zones of the range and could expect the sellside liquidity from Friday 1 December to get ran. Let's be patient and see where the market wants to go.
As you all know I personally only trade ranges, FVG and OB's but it never hurts to look at other perspectives.
A lot of traders trade 'trading zones' and 'trend lines'.
There is nothing wrong with such strategies and they work as well as the pure pa we try to fully master. As you can see both our views on the market 'align' to a certain extent but our 'pure price action approach' allows us to eliminate the 'randomness' and 'damn the market is rigged' type of mentality range traders may face.
I understand trading 'ICT style' and learning pure price action is difficult and takes time. I have been at it for 5 years at least so I understand you all. TRADING IS HARD BECAUSE NOTHING WORTH HAVING COMES EASY. Very few remain in these markets guys - so be sure you at least give yourself a chance to be a participant for the next years to come.
Each and every day is a new opportunity for us to better understand the markets and apply what we learn during each month, week, day and trade.
Let's see how we trade for LDN and NY session today. Good to know ....Unemployment claims numbers at 8:30 am NY time.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
