KOG Report: In last week’s KOG Report, we said we would be expecting more choppy and whipsawing price action with price staying within the range until FOMC at least. We said we would be looking for the levels of 50-55 and 30-35 to go long and the levels of 80-85 and above that 90-95 to go short. The early part of the week gave tremendous opportunities to scalp...
My technical analysis overview : 1. Trend (h4,h1 timeframe) is down 2. Key Price Action : has got a good Price Action signal to sell
Hi Traders, This is a pair on my radar. It just formed a buy-side liquidity pool that needs to be swept. This is one pattern I have noticed in the market for a long time. In this case, I expect it to play out for a few reasons I will list out. 1. On the monthly timeframe, we dumped into a key level now a retracement in at play 2. On the weekly timeframe, we...
In my opinion, UCAD will has got a reversal here You have to wait a good signal (h1 or h4 confirmation)-> After that, entry when price retest
EA sell now Strategy : Reversal trading in h1 timeframe Target ~ 50-80pips SL 35pips
USDINR (#USDollar Vs #IndianRupee) Short Signal Entry:81.903 SL:82.146 Target:80.849 RR:1:4 But You can Save Profit and Continue Target:80.206 Means 1:7 RR Please Tell me Your Idea?
Hello friends. I hope you're enjoying your holiday with your families and friends. Was just looking at the charts and found out that our DXY setup is still playing along. Happy New Year!
Setup failed, SL hit. Looks like price abandoned the liquidity lying below last week's lows and instead decided to go for the equal highs liquidity above last week's highs
Since in order for the exchange rate to buy higher, it must first drop lower in order to buy at a discounted price. It's everyday simple business law. Therefore, in this case gold might retrace to fill the 1H void in price then perhaps rally from the fair value gap or the order block. However, I consider this a riskier trade as opposed to the short setup because...
We had two setups today: gold and NZDUSD and although gold missed our entry, NZDUSD activated during the FOMC statement and rallied upwards. Price action will determine whether price will continue bullish or not.
The Crude Oil Inventories data did not affect price but the FOMC statement melted price and our entry was missed by some few pips before price rallied and that's okay because it happens
Just like the gold setup I published earlier, I also think NZDUSD will behave the same. Likewise beware of Crude Oil Inventories
Gold has a high volume and momentum bullish candlestick that was caused by yesterday's core CPI news. With the momentum candle having broken structure upwards, I think it's most likeley that price will continue bullish at least to run the engineered liquidity above yesterday's daily high. NOTE: BE CAREFUL OF CRUDE OIL INVENTORIES AS THEY MIGHT NULLIFY THE SETUP
The price is currently at the peak and near to the supply. Based on market structure,the price will go at discount price after a rejection . Please follow me for more simple trading idea. #garisterus
This setup would have worked quite fine but price decided to target last week's lows for liquidity runs. I hadn't anticipated that since I expected those lows to be run during a news event. However, I had warned that the setup had quite a high risk attached to it.
I had marked that particular zone as a potential resell zone two days ago and it activated but there is no presence of market makers. Instead price is consolidating which means that they are accumulating retail traders entries to act as engineered liquidity for their large positions. So when they have enough retail traders positions they'll most likely spike price...
Since US30 doesn't show any bullish impulse on 15min and other lower timeframes, I think it might trigger buy orders at the 1H order block below the current lows and rally to fill the 4H volume imbalance. The setup offers a 1:2 R:R. USE PROPER RISK MANAGEMENT
This is what I think might happen on Nasdaq but please note that THIS IS QUITE A RISKY TRADE AND MIGHT FAIL TO PLAY OUT.