CADJPY Trade Review
I posted this Trade Analysis here on Wednesday. This trade was awesome. Price went up above the Weekly Supply and reached the top of the Liquidity Zone as i predicted in my previous post. The Banks and the big Institutions cleared the previous highs and the stop loss of retail traders who were in shorts (sells). Everyone believed the market was Bullish and started buying. Market Manipulation. Lol
The price crossed the 80 mark and many breakout traders entered the market, Buy stops were triggered. Then the real move happened. The price hit 80.10 resistance. The Market then reversed and did a huge drop just as i predicted. A lot of buyers were trapped. the stop loss of many buyers were hit.
I was not trapped because i understand Market Manipulation and I follow Market Struture. Sold the pair at the top of the liquidity zone. 100 pips and more in Profit. All Supply and Demand Traders know that every gap/void must be filled. The market filled the Gap in the Liquidity zone and went to target the stop loss of traders above the Weekly Supply Zone.
Now that they cleared the stop loss of the retail traders (both sellers and buyers), the Banks and Institutions used all the liquidity to do the real move down (Sell). Lol
Happy Weekend!!
I posted this Trade Analysis here on Wednesday. This trade was awesome. Price went up above the Weekly Supply and reached the top of the Liquidity Zone as i predicted in my previous post. The Banks and the big Institutions cleared the previous highs and the stop loss of retail traders who were in shorts (sells). Everyone believed the market was Bullish and started buying. Market Manipulation. Lol
The price crossed the 80 mark and many breakout traders entered the market, Buy stops were triggered. Then the real move happened. The price hit 80.10 resistance. The Market then reversed and did a huge drop just as i predicted. A lot of buyers were trapped. the stop loss of many buyers were hit.
I was not trapped because i understand Market Manipulation and I follow Market Struture. Sold the pair at the top of the liquidity zone. 100 pips and more in Profit. All Supply and Demand Traders know that every gap/void must be filled. The market filled the Gap in the Liquidity zone and went to target the stop loss of traders above the Weekly Supply Zone.
Now that they cleared the stop loss of the retail traders (both sellers and buyers), the Banks and Institutions used all the liquidity to do the real move down (Sell). Lol
Happy Weekend!!