DXY looking all round Bearish. Highs were taken out by central banks and left imbalances the market needs to fill. Pay close attention to what the USD pairs moves, looking for set ups for the following week
EU favoring the highs at NFP last week 1.1900. Looking for possible 1.2000 but need to see what EUR Rates bring on thursday Aug 27 -
annotations written on chart, looks bullish due to liquidity, INST OF and Seasonal tendency
Drop expected on NASDAQ to correct imbalance left after the push up, Initial target is 15 000 before we can head back up to break the current highest point
Hi, This is what I'm waiting for I wait for this zone to then go and look for the other defined zone. VS It could be an intra / swing zone depending on each person's profile. At the moment the market is quite slow, when it is like that the best thing to do is to do nothing
Dollar index(DXT) has been bullish since this week ,this was because there was a draw on liquidity which is the EQUAL HIGHS that got raided Which made RESISTANCE TURN SUPPORT and also BROKE MARKET STRUCTURE HIGHER , As you can see price left a MITIGATION BLOCK and also a DAILY FVG(FAIR VALUE GAP/BISI). Looking at the chart there is a draw on liquidity I marked...
Break of Market Structure (BMS) occurred indicating bearish power is still present after yesterday's re-bounce. Will be looking to enter off of the LDN Session killzone
Clear Shift in Structure and Break of Structure occured giving signs of a possible drop that will break the 14 900 level - this is also supported by the sell side liquidity left under 14 800. Entry opportunity might happen between the London or New York Session Killzone hours (which are 09:00 - 12:00 & 14:00 - 17:00 SAST)
market is bullish, why not manipulate every sell. we have usdcad seytting up to take the market to buy stops
Overall bias bullish. Expect a drop to 1.3750 before the mini bull rally. SMC basis for the trade idea.Follow for more.
There'e be a few fair value gap and berish order blocks along the way to knowc the price down a bit. But you have remotely equal highs which meamns there is. tone of liquidity resting aboveand around these areas of "Resistance" They're not resistance, they're just part of the algorithm themselves that were knocked back due to fir vlue gps and being oversolf on...
USD/JPY My bias is bullish. Since the DXY is bullish this would mean strong (USD)/JPY and weak JPY. Looking to buy this below S.O.P/M.O.P
DXY(U.S. Dollar) My bias on the DXY is bullish. We are coming close to that 92.845 high There is a Monthly SIBI above which can be a nice area to take profit and short potentially. As of right now I see a 1 hour BISI would could be a area to take longs. Looking to buy under S.O.P or M.O.P
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.
Full explanation of entry into a long entry on GJ
Price broke bullish structure (seems more like a pullback to me to get long) into bullish breaker and we saw price move aggressively to the upside. Price is trading in a range now, a swing low and a swing high has been highlighted waiting for a bullish or bearish break of structure.