This past week was a very interesting one, as we had the UK election wrapping up serving a sort of second referendum on getting Brexit done…finally! Earlier in the week, the Fed decided to leave rates the same due to looming risks coming from the uncertainty surrounding the US/China trade deal. The outcome of this was widespread weakness in the USD through the beginning of the week Then we moved
https://www.youtube.com/watch?v=3itJstFAENQ Last Thursday, we had a nice long setup on the USD/CAD, early in the NY trading session. The manipulation point being used was 1.3235, which was the range lows for nearly 2 weeks of sideways price action. This gives a solid level from which to look for the stop run reversal to occur. Why? As I explain in detail in the video, range-bound price action condenses liquidity as a
The ‘Confirmation Entry’ The ‘Confirmation Entry‘ has been the dominant entry style we’ve used over the last decade. This entry truly has stood the test of time! The key to anything being able to stand the test of time is simplicity. If something isn’t simple, it isn’t repeatable; if it isn’t repeatable it won’t be profitable. With that in mind, the Confirmation Entry is comprised of 2 main factors: The
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