
Each month there is one macroeconomic event capable of significantly shifting the behavior of the US dollar and setting the tone for the currency market for weeks ahead.

A Liquidity Sweep happens when price moves beyond an obvious high or low, takes the liquidity, and then moves back.

Here are the 4 traps that end more accounts than bad setups ever will ā and the fix for each

š¹ What MACD really is MACD = Moving Average Convergence Divergence. It measures the relationship between two EMAs ā how far apart they're moving, and whether they're converging or pulling away from each other. Translation: it measures momentum strength and direction, all in one indicator. Standard settings: 12, 26, 9. Don't change them. Like RSI's 14, the 12/26/9 is what every trader watches ā and that collective attention gives it weight. š¹ The three components ā what each line means 1. MACD line ā the difference between EMA 12 and EMA 26. When the fast EMA pulls away from the slow EMA, MACD rises. When they converge, MACD falls toward zero. 2. Signal line ā a 9-period EMA of the MACD line itself. It's a smoothed version of MACD...

Swing Failure Pattern is considered a manipulative candle. A future reaction is expected from this manipulation ( Also called Sponsored Candle) SFP (SC) is a type of Order Block (OB) that includes a mandatory liquidity sweep rule. SFP rules: ⢠The opposite candle also collects liquidity. ⢠Ideally, the opposite candle should be a full-bodied candle, not a pin bar, with minimal wicks. ⢠The opposite candle is engulfed. ⢠A Fair Value Gap (FVG) forms after the engulfed candle. ⢠The impulse after the opposite candle sweeps liquidity

Consumer Price Index (CPI) ā an index that measures the monthly change in prices paid by consumers. The Bureau of Labor Statistics (BLS) in the United States calculates the index as a weighted average of prices for a basket of goods and services that represents the total consumer spending of households.

Every Thursday at 13:30 UTC the US publishes Unemployment Claims. Amateur traders try to catch the first move. Pros already know where they'll enter ā because they built the plan before the release