Daily profiles help confirm our bias to form high probability trades during the New York session. Observing how the London session forms confirms our bias, and allows us to anticipate how the daily candle will likely form during the NY session.
However, daily profiles come secondary to the HTF narrative, which is determined by the Weekly Profile. The daily profile is just a confirmation tool.
🚨Important: Daily profiles should be used within the context of the Weekly Profile.
Using daily profiles outside the HTF narrative leads to inaccurate reads on the market.
Expansion Profiles
The following daily profiles help us confirm our bias and frame high probability trade ideas within the context of the weekly profile to get on side with price delivery during expansion moves.
- London Reversal
- NY Manipulation
- NY Reversal
Other Profiles
- Seek and Destroy
If London does this…
– AMTrades
then NY should do that.
🪦London Session Signature that Invalidates All High Probability Profiles 👇
AMTrades points out that many things can invalidate a daily profile, however there is one signature that will invalidate all 3 daily profiles, and the one he says to pay the closest attention to, which is when London expands towards our draw when anticipating an expansion day (or either direction really).
⚠️ Expansion towards your draw on liquidity during London invalidates any profile. – AMTrades
Why? Expansion during London exhausts the daily range. This leaves the NY session with low probability/high resistance conditions for any trend continuation. When this occurs, the profile is considered void!🪦