3d • General discussion
PM Session Case Study
PM Session Read
Price attempted higher prices during the New York PM session but failed to maintain acceptance.
As buyers lost control, the auction began facilitating trade lower toward a previously identified demand area.
Short participation was initiated following the failure of higher prices.
The position was closed as price reached the objective, where responsive buying was expected to emerge.
Shortly after reaching the zone, buyers responded and price rotated higher.
Information creates opportunity. The objective determines when the trade is complete.
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PM Session Case Study
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