How to Properly Identify the High and Low of the Day (Part 2)

17 авг. 2022 г.

Hello Traders,

I think I am getting a little better with my commentary and did a much more in-depth look at how to identify the High and Lows of the day!

In terms of the content itself, I will leave it to you all to ask any questions that you may prior to looking at more examples. I feel that if you also take a look at the google doc that I showed earlier in the video and follow the steps exactly things shall come to you with more time on the charts. If not, always feel free to ask questions! This is a community that we are building to grow together and where no one who has dedicated their time and effort into this skill shall be left behind.

Make sure you all let me know what we should look at next once everyone is up to speed on this continued topic!


Also, for those who may want to copy and paste this in their notes I have the notes below:


Steps:

Mark Asain and London Ranges
Confirm either the High or Low
Look for failure to create new HH or HL
Wait for confirmation pattern (quasimodo, head and shoulders, engulfing)


How this can be used in your trading:

Add confluence to POI
Can help find POI
Tighten Stops without guessing (increasing you RR)
Can help formulate a bias


As always...peace, love, and blessings!

Go get it this week!

-Kelly