In this educational video, I will delve into key ICT concepts such as Market Structure, IPDA delivery, Order Pairing, High Resistance Liquidity Zones, and Draw On Liquidity, Entry Confirmations. Additionally, I will provide a detailed long-term daily perspective on GBPUSD. The purpose of this video is to elucidate why I identified a potential sell opportunity...
Once you have drawn Order Block on Daily time frame now move to lower time frame like 1H , 30 M or lower, you can see it started creating bullish candles. In this particular case a popular bullish candlestick pattern three white soldiers formed at 30 M time frame indicting potential reversal in trend.
Order blocks are price zones on a chart where large market participants, like institutional traders, have amassed significant buy or sell orders.
For a trader that trades GBPUSD like me, it is important to analyze the direction of TVC:DXY because TVC:DXY is negatively correlated with $GBPUSD. Knowing the direction of DXY is an additional confluence in trading $GBPUSD. Here is how I analyze TVC:DXY direction. Today's TVC:DXY direction analysis. - DXY is showing a downtrend move. - It took the...
Here is an example whereby the New York Midnight Open (NYMO) was influential. Overnight trading and pre-equities open was drifting just below the NYMO price. and once it broke above for the 2nd time with intent...it rallies hard higher for remainder of the mornings session. However, as we breakdown lower, approaching the breakout area of the morning's rally,...
Ever thought a price moves because it's on support level or below a resistance level? Or because your favourite indicators show a buy/sell signal and you want the price to see the same and move in you favourite direction? A Big No, dear. That simply won't happen... The main gyrator of the market is "Liquidity" What is liquidity? Liquidity, in very simple terms, is...
I used the latest swing high and swing low. My bias was short so I looked for a premium price to sell from. From the 50% and above are premium prices, next I looked for the candle responsible for an impulsive move down. Marked that candle. Also on the M5 I noticed a clean high, and I used the entry method of A STOP RAID as an entry. And the M1 gave me a bearish...