Greetings traders, I will outline the short I am currently eyeing on EUR/USD. If you pay attention to market structure it should be clear to you that EUR/USD is in a long-term downtrend and therefore higher probability trades will be found shorting this pair - the trend is your friend as they say. If you look at your 4H chart you will see the area of resistance...
I look forward to risk 1% of my account on this great setup, I will be risking 5% on my Prop firm account. This is SMC. Confluences: 1. Liquidity grab 2. Analysis time frame structure(Daily) is Bullish 3. Intraday time frame is also bullish 4. Price @ Discount level 5. Unmitigated POI on M3
Buyside Liquidity is still there, if we manage to stay above the 4h Imbalance. Today with Fed Chair Powell today should clear the way and give us a confirmed bias. Across all majors we could see a run lower before heading higher though. Hope you find this one useful - good luck traders !
it broke structure on daily timeframes and on h4 timeframes,now i am waiting for it to come down and sweep the stops then buy.
Hello traders, I will first preface this by saying trading FOMC is not recommended and this is simply a price action exercise. Moving on to the interesting stuff, this is what I see FOMC producing if we get a bullish leg first. Price will likely run up towards the low of the bearish mitigation block seen on the daily chart, this block contains an hourly bearish...
Eur/aud is getting closer to the unmitigated supply zone. Target given in the chart
There was an Buy Model, but was Invalidated, so the last BOS came to be a Neutralization and how is marked there is a bearish breaker. I wait the recapitalization of the Liquidity pool until OTE level, and Order Block
In previous post I shared my interest in a long on Euro. However, GBPUSD seems to be the stronger one between the two based on recent price action on EURGBP. Looking at GBPUSD, It stays in a bullish scenario as long as long as price doesn't fall below 1.2474. However, on an intra-day basis, i'm looking for GBPUSD to stay strong and break above today's daily high...
So coming back after a long break from trading. Today i'm interested in longs on euro so far. I'm staying bullish as long as euro stays above 1.06634. However, I'm looking at two levels to go long on euro. it's either below the 1st intraday low at 1.06951 or below 1.06609. I prefer the 2nd low to be taken out before going long as it would have a greater...
Hi traders, it's yet another week and this means fresh opportunities in the majors. Today I bring to your attention the short position I am currently holding on GBP/USD . This pair is currently in a longterm downtrend, therefore the highest probability trades will be found shorting the pair, this frames my bias. On May 4th the market ran just above the high of...
I don´t know if I´ve got a hang of these SMC/ICT-concepts yet, but I felt confident with this one.
On May 9th we see price run below the low of May 6th and then quickly reverses back above the low (the stop hunt). Price then breaks market structure to the upside, as indicated on the chart by the grey arrow pointing to the right. If you read my previous post, then you are aware of what we are looking for as institutional traders once we see this type of price...
In my last publication I discussed the bearish breaker block so I thought it only appropriate to follow up with an analysis of a trade taken using the bullish breaker block. This is a similar setup to the one I last discussed on EUR/USD, except that it was bullish and on the lower 15m timeframe. Do not be fooled however, this trade was taken with a higher...
For over a year I've been Bearish on EurUsd.., it's showing willingness to reach for an Old Low at 1.03400 Level to Hunt Sell side Liquidity and extend to 1.02000 Level, which I'm anticipating to see that happens in the Month of May. From then I'll look to go Bullish (Long) upto 1.15000 Level. Also USDx is about to hunt a double Too on Monthly chart in form of...
Hi traders, today I breakdown the price action on EU from an institutional perspective. Recall EU has been in a longterm downtrend for quite a while now. Therefore the highest probability setups will be found when shorting this currency pair. Notice how the high created on April 21st just peaks above the old high of April 14 and then returns into the range....
Us30 is sitting in a significant level on the daily timeframe. The hourly is saying bulls might me getting ready as price is sitting in discount of the range. Would like to see a bullish reaction from the annotated orderblock. Happy trading.
BTCUSD - Looking to go long to $41500. ICT ORDEBLOCK FAIRVALUE GAP.
Be careful not to use high leverage in futures.5-7 is suggested.I hope u have a good weekend.