Trader commentary explaining how London-session price action and liquidity structure (printed lows, internal highs) influence behavior into the New York open. The speaker emphasizes that when a high is taken, buyers may be induced and subsequent reactions at lows can be false (liquidity-engineering), so one should avoid buying unless liquidity is retaken.
This all happened in London so in London we printed this low if you look right above we've left these internal highs so the market ends up running for it right before New York open here and in current PA we've swapped that high I'm now viewing this high as a level that does not have liquidity so that's going to be of importance later on. You can see from here we sold off look to the left hand side lots of internal liquidity left here before New York you typically get this kind of price action especially on indexes and then we get the sell off to the downside Just to summarize everything that's going on right now high taken which tells me I do not want to be buying unless this flows taken this is if buying this thing overall I understand that since the highs taken buyers are induced any reactions at the low tell me that buyers are not entering the market and if there is a reaction it's going to be false and it's literally just engineering liquidity for me to target.
