GBPUSD - Selloff Paid But....

We have been cooking buy stops for some time now and with current prices in a premium, if the dollar is to maintain it's bearish stance, Pound could be prone to running to the weekly FVG.

My philosophy is simple...

Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go.

This includes;

- Market Structure
- Buyside/Sellside Liquidity
- Order Blocks
- Liquidity Voids
- Fair Value Gaps
- Optimal Trade Entry
- Premium/Discount Array
- SIBI/BISI
- Many More!

The strategies mentioned here are some of many that I use to implement into my analysis and over time, with consistency I aim to achieve a high degree of accuracy in the markets with the foresight and understanding to assess what went wrong when my bias is negated.

Credits;

- Michael Joe HUDDLESTONE
- Shawn Lee POWELL
- Toray KORTAN

Kommentar:

Usually, I will pair my analysis with the equities market; ES, NQ, YM and most of the time my bias is the same throughout the board but when analysing cable, I realised there was more of an opportunity for buy stops to be taken in comparison to sell stops and what we are currently seeing now is a further rip into premium territories, breaking past the major buyside liquidity @ 1.27093