Today (24/01/2023) we saw E/U retrace ~70% of yesterday's range with a large institutional sponsored move to the upside during the London close. Looking at daily objectives for this pair, they have not yet been met so I expect bullish E/U. We may see swing to the upside during London Open to take Asia highs then a drop retracing ~70% of yesterday's low before...
The importance of annotating the previous week is immeasurable.
This gives you the proper perspective of where price has been and will likely go the following week.
As Snipers in the Markets we rely heavily on past price action because it is indicative of future price action.
Often times equal lows will get swept, imbalances aka FVG will get filled and equal...
This signature trade doesn't happen everyday.
But when it does it's a beautiful thing!
It's like catching a sighting of the Infamous Lockness Monster :)
They do exist:) I digress....
This chart illustrates the play.
Price has exhausted the average 30 Pip Stop hunt the algorithm does daily and now is on it's decent to give us the full 88pip ADR of...
Let's break this trade down:
12AM NEW DAY.
Overall Bias Trend was UP on EURUSd the DXY WAS Down.
The mindset therefor is LONG for the day.
The algorithm that delivers price attacked sell side liquidity taking out all LONGS before it then 52 Faked out and continued the original trend long.
The key to this set up if you're early never over leverage.
You...
Wanna see a trade set up that gives you the WHOLE ADR sometime TWO OF THEM in one trade entry?
This chart will prove it can be done and I know the formula.
When price breaks to the low of the Morning zone 12am it will then Give us that MONEY SWING $ (for approx 30 pips we don't trade this move we wait for it as confirmation of the real move south.)
So the...
The Narrative for this trade set up is called 'The Daily Sniper Heist'
End of Asian Session The High or Low is taken out before the start of London Session. Look for your favorite bearish or bullish candle patterns they will appear.
Then The Low or High is set by 10am.
10am the market reaches for buy side liquidity (London payout) DBP PLAY Straight into...
OANDA:EURUSD
Piggy Backing Of The DXY_Idea, This is the Short Term To Intermediate Term Swing For EurUsd.
DXY is the barometer for Foreign Currencies Movements. With That,
Anticipating a short term bullish price swing to the "1.2080" level.(Would love to see previous weeks low swept to hit the "1.1770" figure before the short term bullish price...
Based on my price action, currently, it's a nice retest of the broken TL, a pretty excellent risk-reward ratio. I predicted it would reach the final target by the end of July or the beginning of August. I would wait for the confirmation candle, enter the trade, set SL / TP, and forget about it since the analysis is base on the daily time frame.
We had a similar...
Click the link in the "Red circle" to see the previous analysis.
Finally, it reached the "Potential target 2". I reckon if it can break the "Potential target 2" zone, EUR will keep climbing to the next targets, long-term plan.
This analysis is only based on the price action. Please do your research regarding the Fundamentals.
Waiting for EURUSD to retrace (If it does) to buy. Espeially if the 100% Symetry is around the 1.85000 level. That is the spot I'm looking for the swing sell on the way down. But only if this happens before London close. If we sit in consolidation or I don't see a sharp rejection soon, I may rethink my entire idea. Just trying to read price action at them moment...
Due to the major shift yesterday, my daily bias is to be bearish. And even though we have not made a lower low, we have yet to create a higher high so I'm being a little aggressive with a bearish call since I don't have as many confirmations as I would like to have.
I pulled fibs across a few situations and entered on each three of those situations shown and 3...
i use the CoT Report for a lot of guidance. If you know how the commercial/central banks are trading, then you have a pretty goof idea as to where the market is going to go. As mentioned in many of my ideas, they started shorting back in March. My belief if they stacked a lot of orders at that March high, know it would eventually get lower than that point.
The...
