EURUSD is in a possible sell model. As you can see I highlighted that top wick that took out so much liquidity this is telling me EU could have possible short positions for us. The DXY is showing bullish so I want to see the EUR retrace into an area to sell off. Which is where I highlighted. I'll be monitoring the pair to see what it does when it gets to this area.
So As of right now I would be looking for short term and possibly long term BUYS on foreign currencies because I am bullish on the dollar. If we have a drastic market structure shift in the dollar then I will change my bias on the DXY and post it here. As you could see the DXY came down to the Order block but just missed the price on the mean threshold by a few...
This trade idea will depend on the dollar and what it wants to do for tomorrows news event. I am overall bearish on the dollar so therefore foreign currencies should be rallying in my eyes. Which they are if you reference any of the other major pairs such as EURUSD, AUDUSD, NZDUSD and GBPUSD. I like how GBPUSD also has equal highs on a daily timeframe and has a...
USDJPY has formed a Turtle soup sell model. This is when the market takes out a liquidity pool and then reverses. I felt like I should share this on trading view because it is one of the most powerful methods to find reversals. There is also a FVG candle and if we look to the left we can see that there is a mitigation block as well. That is my entry zone to take a...
There are AUD news dropping at 9:30 PM eastern time. I want to see the market drop down to this Fair Value Gap and make a run to the Daily order block. That is my initial target since it's very clear that, that is where the market is running to. If the market doesn't retrace to that level and ends up hitting the order block without touching the fair value gap I...
This was a more deeper trade idea for GBPJPY than the one I had posted on it for a higher tf. Look at how the market respected this FVG candle and took off. This is what I like to see happen in the markets. Note this trade idea wouldn't be correct if it wasn't for my trade idea for EURGBP since I was bearish on it and the trade idea was correct. GBP's had to go...
This was the trade Idea that I gave out last night and look at how it played out. Everything was nice and clean. When you spot these price actions there's nothing to be afraid and of course if you are risking the right amount of money even if I was wrong in this situation I would of lost 20 pips which is not bad at all. My SL would of been around the entries for...
Gonna risk a short, there is huge FVG below & possible double top forming, expecting at least a move down to golden pocket 0.618-0.65 i have set only 25% of bids set for now, res i will update once we get there, i don't follow FA but i know it plays a role so if you are not risk taker be patient
As wee see, price is respecting the OB and FVG area; until there is not a recapitalization and rupture of those price zones, I would not think on shorts. Let's see what price do.