The Daily Edge is authored by Ivan Delgado, 10y Forex Trader veteran & Market Insights Commentator at Global Prime. Feel free to follow Ivan on Twitter & Youtube weekly show. You can also subscribe to the mailing list to receive Ivan’s Daily wrap. The purpose of this content is to provide an assessment of the conditions, taking an in-depth look of market dynamics – fundamentals and technicals – determine daily biases and assist one’s trading decisions.
Ivan Delgado, Market Insights Commentator at Global Prime, shares his insights on a particular market setup that involves waiting for a trend to develop only to re-engage at the 50% retrac with the trend after exhaustion of the tick volume.
The purpose of these institutional-level chart studies is to provide an assessment of the market conditions for the next 24h of trading in order to assist one’s decisions on a regular basis and/or educate traders on their understanding of the FX market.
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