smilescloud

smilescloud Updated 

EUSUSD FORECAST FOR TODAYS SESSION. We have tested last week order block, looking to see if an up trend can characterize todays price action

smilescloud

The benefit of assessing market conditions is to identify the right trading periods a specific strategy works best. This prevents you from trading through periods of consecutive lossess resulted from decrease in edge arised by the different market conditions present at the moment of trade plan development and execution. Help me identify the market condition by...

smilescloud Updated 

Perception, Although a accumulation was formed and confirmed, after the confirmation of accumulation a pull back happens to absorb the massive orders. This aligned with the fact that eurusd is in a downtrend re enforces the idea of having bearish price action as it acts as a confluence in the specific level of interest were both retail and institutional interest...

smilescloud Updated 

This is the intraday forecast. An accumulation has been formed and confirmed towards the end of last week. This gives us an insight of the true intentions of the institutions. Although, there is still a number of elements which have to present itself, today I expect a pull back to the downside as a result of the large buy orders placed to break of the highest...

smilescloud

Institutional Intention becoming clearer as the week starts. We have a confirmed accumulation. I don't usually trade on Monday, the exercise i will be exploring today is solemnly identify the highest probability direction to trade. Long or Short I will be dropping updates as the analysis develops.

smilescloud

Traded today in the EURUSD Chat real time today. levels of importance posted in the trade idea earlier served as reliable targets. you can go to the chat to have a full breakdown of how the analysis was developed and traded in London session.

smilescloud

The levels have been extremely simplified, right now is too soon for me to say what direction we will take today, but these levels could prove to be key levels. The horizontal lines indicate the levels and the vertical lines is a forecast of the best time span to trade for today. we started by identifying obvious intraday order blocks. the second phase consists...

smilescloud Updated 

BREAK DOWN AFTER TRADE EURUSD SELL. CONFIRMATIONS: HIGH TIME FRAME ANALYSIS DOWNTREND, DISTRIBUTION FORMED AND CONFIRMED, 15 ORDERBLOCK IDENTIFIED. LOW TIME FRAME SELL CONFIRMED. SORRY ITS RUSHED Break down will be provided after tradev EURUSD SELL. Confirmations: high time frame analysis downtrend, orderblock mitigation zone reached, bearish reaction obtained,...

smilescloud Updated 

Yesterday felt like a market reset day, or mid week reversal day. Because we are still in a downtrend bearish sentiment is high, however we can trade a high time frame pull back to the upside, this idea came into my mind due to the fact that the market maker confirmed the bearish bias from the open (this in my opinion is a fake bias atleast for today due to high...

smilescloud

I started of by noticing a bullish reaction to a level of interest to the upside in the daily chart. In order to confirm the bullish directional bias, a major accumulation was identified in the 60 min chart. However a minor accumulation within was formed and a trade was taken upon confirmation , in the event of confirming the previous major accumulation an even...