L4.1 — Building a Daily Directional Bias
A directional bias is not a trade. It is a structural conclusion: given what price has done and where it currently sits, which direction has the higher probability of continuation? A bullish bias means you are looking for longs at structure, not shorts. A bearish bias means the opposite. A neutral bias means you wait.
Building a daily bias begins on the daily chart: what is the trend? Where is price relative to the last key swing? Then step to H4: is price in a pullback within the trend, or is it pressing into the direction of the trend? Then mark the key level you are watching and define the condition that would confirm or invalidate your bias.
The bias is not permanent. It is a working hypothesis that gets updated when structure gives you new information — specifically when a BOS or CHOCH occurs on the higher timeframe. Until that happens, you trade with the existing bias, not against it.
Get notified when new lessons and content are published.