Hi all, Just a very quick video to give an example of an OTE based on my studies of the ICT concepts on this pair and other pairs. I thought I would publish this idea not only to help others who may be studying the same thing but also to re affirm my own learning process. Disclaimer: I did not take this trade, This is simply study of historical data, I am...
I had closed out in profit on this EU trade just prior to Friday's close. I am of the opinion it is best not to put yourself at a psychological disadvantage going into weekend. Let's see if we can sweep those lows and consolidate perhaps.
Hello Traders! Here I quickly spoke on AUD/USD Looking for many xxx/USD pairs to be bearish & USD/xxx pairs to be bullish.
As the video outlines. Thanks. Have a great weekend.
Just a quick look at the AUDNZD 'possible' short scenario and some COT data. Recap on the current GBPCHF long - so far so good. A good start of the month. Have a great rest of the week.
The daily uptrend is pretty well established and price broke above a pretty clean resistance area and then tested the trend line with good rejection. Price broke the prev daily high and closed above the last down candles EQ (50% rea) with what appears to be possible buying Risk is 1%
Hello Traders! In this video I show what I was looking at and anticipating from the market. NZD/USD is currently within the Discounted range of the market. I do see on the Monthly time frame there is a bullish order block and fair value gap that has been filled. However, it may come back down to the open of the bearish candle and fill in the fair value gap...
Hello Traders! I just recently posted a ATM setup examples for GU and AU. Right now it looks as if NZD/USD is showing the same setup. We got a key high to form and a short term low to be broken. That creates a break in market structure. This tells us we have large funds who want to push or sell price lower. Aiming for old lows to be taken out as...
In this vid I point out that we could see a breach of the most relevant low at some point, which is quite near the 62% retracement area of the larger timeframe parent structure. It's interesting that the low and the 62% area are about 20 pips apart, which seem to meet the pip grade concept that ICT so eloquently fleshed out.
Daily trend is down price came up and triggered my alert early on the 17th to go short, didn't see any clear rejection. Price sold off eventually and came down and cleared the daily gap, retraced then showed very clear direction toward the end of the trading session. After what appeared to be a stop hunt of the initial alert retest, price seems to be showing signs...
Hello Traders! I went into a quick breakdown for the Dollar Index and EUR/USD I did not want to spend much time talking about certain concepts as time is limited on this platform to 20 minutes. I gave a quick Higher Time Frame Breakdown on where the marekts are in respect to certain highs lows and voids.
As I like to trade from the daily and h4, getting a decent long and short all in the same week isn't always the case. The price action has been interesting on GA this week
Price is contending with the a group of weekly down candles and its 50% area. Seeing the consolidation below the EQ (50% area) was a nice clue. We shall see if price can get up the prev weekly high, which we know there will be resting BUY STOPS!
If you love reading charts and price action in general, then we'll probably mesh well. Thanks for watching
As per the video it sees clear to me what we could potentially see going forward this week
Backtest of today's movement on GU, full top-down analysis done from 4H, 1H and 30M
Mitigation entry, not usually something I'd trade but wanted to apply my strategy to different pairs to see how effective it is. Full explanation in the video.
A general backtest of my strategy on a new pair, this was a risky entry and not one I'd usually take based on my trading plan but it was worth experimenting and deciding whether I'd want to expand my pairs. I will likely not.