Journal · notes from the desk

Notes from the desk.

How the model reads liquidity, daily profiles, and the weekly frame. Short write-ups on the reads that drive the process, one idea at a time.

Internal vs external range liquidity

External liquidity is stops at the edges of a range, internal is inefficiency inside it, and price alternates between the two.

The day's extreme is confirmed by a sequence, sweep to displacement to a shift in delivery, not a single wick.

A trending week usually sets its extreme in the first two days, and that frame decides how much I trust each daily bias after.

A day that sweeps both sides of the range with no clean draw is not a hard day to trade, it is a day not to.

On these days New York does its own manipulation and distribution, so I hold bias until the sweep closes back through.

When London reverses cleanly, its extreme usually holds as the day's high or low for the New York move.