What do market makers actually do?
(Plus an all green week!)
In this email:
Monday key volume profile levels
Explaining what market makers actually do
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Key Levels š
Here are the levels Iāll be watching going into the overnight and Monday session:
PD VAH (Premium Price Level): 27,898.00
PD POC (Fair Value): 27,827.25
PD VAL (Discounted Price Level): 27,815.00
Commentary: Watch which side of value the Sunday night open gaps to. Above POC = bullish, below POC = bearish. Short-term of course.
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What do Market Makers ACTUALLY Do? š„
Coming from the ICT/āSmart Money Conceptsā world, I used to have a completely different idea of what market makers actually do.
There was this idea that they are out here manipulating highs and lows to stop out retail traders etc.
This is completely false, and it pays to know the role of market makers and how they affect our day to day trades:
Also if you didnāt catch all the streams this week, take a look at the replays from the week (all green!):
It was a short week with my wifeys surgery/hospital care so I only streamed twice, but back to our regular Sun-Thurs schedule this coming week.
Enjoy the rest of your weekend, Iāll catch you on stream at 7pm Sunday night!
Cheers
Cam (aka Cammy Capital)