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Oct 11, 2024 β’ 6 tweets β’ 2 min read
The Simplest Way to Never Miss an Entry. Understand Breakaway Gaps.
A Thread π§΅
There are 2 types of Breakaway Gaps, the first one is Simple Breakaway Gaps, these are fairly easy to spot.
Sep 17, 2024 β’ 6 tweets β’ 3 min read
MMT ESSENTIALS : LIQUIDITY SWEEPS
Trading Turtle Soupsπ’
A Threadπ§΅
When you or I press the βBUYβ button in any financial market, there will always be a willing β SELLERβ to match our order. However, that is not the case for larger entities.
Huge players canβt just βBUYβ and βSELLβ as they need opposite orders on the other end to match their order.
That is why liquidity sweeps or turtle soups occur in the market.