Marco Acetony said this liquidity strategy is very effective, everyone should take note that retail traders are very consistent in their trades, whether going short or long, even stop-loss orders tend to cluster together. They can easily get trapped near some critical highs or lows, and are cleared out as liquidity by the major funds 🤔😘
So waiting for the market to clear this part of liquidity and setting traps to catch breakout orders before executing reversal trades works very well~
Executing this liquidity strategy requires patience; some instruments may need to wait for several hours or even a few days. Of course, there is also the possibility of missing some market moves, especially in strong markets where liquidity isn't cleared and there is a direct breakout. If you can accept these conditions, and conduct more backtesting, observation, and optimization, this can become a very effective low-risk strategy!!