DislikedGBP/USD M30 Observations These are the "Stand Out Points of Interest" on the Chart going into next week I'm going to try and "Stream Line" my approach There is no point in trying to Predict what Price will do The main thing to be aware of is Price Momentum that creates an Imbalance within Price So, like Thursday's Fast move down which Created a Bearish Imbalance within Price that was Filled on Friday So we need to watch for the Imbalances that are created and NOT be Manipulated into Trading the wrong way That's the simple "Plan of Action" for next...Ignored
As we know that the imbalances will be filled, the problem with me sometimes is which balance is going to be filled first.
In your chart for example, is there any way we can know the probability that price will fill come down to fill the imbalance below first then go up or the other way around? Sorry for my English, please let me know if my question is not clear.
"The hard work in trading comes in the preparation"