Transcript excerpt from a YouTube conversation (Kosta Ouzas and Marcus) about institutional futures trading. They discuss an alternative trading move—‘sweeping’ the bottom 3x versus targeting the top liquidity—and Marcus critiques the reversed approach as 'backwards'.
The alternative. If we want to reverse this, Marcus, and draw it, and we can talk about how it doesn't really fit with the logic. So if you were to say, let's just. Let's just go down and sweep, Hypothetically, the bottom 3x right now, to just draw your line how you did it, just do an inverse. Let's just imagine it doesn't go for the top. Let's imagine. Yeah, correct. And they're all the way up. So this is what a lot of people are saying is happening. But the issue with this is that then, then we're going to take out that top liquidity. Right. You would essentially go. You'd be sweeping up.
Yeah, yeah, but that's. That's backwards. But, yeah.
