The Picture is pretty self explainatory. I failed my last ETH trade because I missed seeing this gap.
Will fill out more but just want to get this idea out COINBASE:ETHUSD BYBIT:ETHUSD
I try to keep my trading to a minimum and only during certain times. At the end of London is one of them and though I failed my EURUSD call last night, It was my fault for not checking the calendar on the financial status of the euro's interesr rate, I believe it was. As it was coming down just around London close I noticed an odd candle at the perfect spot I like...
You have two solid bullish candles from yesterday that did not crack a previous high. The high came after a rejection bearish candle. The two solid bullish candles were over shadowed by two waining bearish candles and one engulfing candle taking us down to the low of the week.. so far. Generally in a weekly structure that looks like this, the actual weekly low...
The cable has been bullish for some months. I expect the bullishness to continue this week. Expecting bears to drive the price down to the area of equal lows at the 1.32800 institutional level. After taking out equal lows, I expect the market to reach the 4-hour order block at the 1.32500 level then look for further bullish confirmations on lower time frame at...
During the begginning of the year there was some home for the dollar. it seemed as if we were within reach of making our most competitive currencies such as the British Pound, the Euro, The Franc, and The Canadian Dollar about as close as 1-to-1 as possible. Well Today, I think those dreams are farther than what they could've been. What's the reasoning for the...
You can see price moving downward, repackaging price for another push phase at my optimal trade entry (OTE)...Price is moved downward by the big bank looking for institutional interest where it was spotted using my classic Fibonacci tool (79%). so we waiting for big banks to manipulate price downward then we buy at the 79% Fibonacci or sweet spot (OTE)...THANK YOU!!!
Yes, I know my chart looks Sloppy, but when you analyze the 5min chart for price action, it's going to look that way. Now... First Piece to this puzzle DXY RSI divergence with Price Action. Looks like we should see a bullish Dollar after breaking a new low. And I wouldn't trade this Until we have confirmation that it does break a new low and/or comfortable with...
The old me wants to buy it because it fits the trend-line/channel. Also, the double top doesn't help. I know that once we get near that double top it's going to break it. But everyone else is buying right now, thinking the same thing and that's why the smart money signals are telling me to sell soon. There is a breaker and an order block just above this...
As it was nearing the highs, I put a small lot size on at 1.33104 for 10 pips to 1.33204 and got a short 10 pip scalp on the way up. Just because I knew it would break the highs to trigger the smart money stop runs and clear out tight stop losses people already had on sells. Now that it's above the Highs, I believe this is a false breakout as it's holding steady,...
I will be hunting a Short this week as i believe the Market will be attacking all the massive Sell Side liquidity pool. I also don't see the market moving any higher because of the Lockdowns and curfews imposed through out the country again.
So this Blue Horizontal line that I've had on my charts for quite some time represents a significant resistance/support line for the past 8 years or so. I call the daily bias for the EURUSD to be a sell, and it was overnight and when I woke up I immediately exited the trade with a mere but decent 20 pips, closing the trade at 1.18337 about 8 hours ago. The move...
I'm practicing the reasoning I would have to trade a specific direction for a daily Bias. Today, November 19, would be a sell bias. We've reached another resistance area that could not be broken and have a few daily lows that can easily break. Not only that, there have been some false breakouts aka "Turtle Soups" that have resulted in a short drop followed by a...
SSL going to get purged. Look to Buy -> XXXUSD pairs & Sell -> USDXXX
I'm going to point to the original breakdown of the this idea to my related ideas. The continued added comments in the linked idea were just price reading along the way from the time I called this price until now. Now that we've finally entered the trade at 3595, I'll continue the rest on this of the analysis on this idea as it slides down and what I plan to do...
SMT = Smart Money Theory. A lot of this can be explained in my EU Idea since both move in concert together (usually) Just GBP happens to make bigger moves. So that's why this chart is on the hour chart and the EU is on the 15 min chart. GU is looking to break the next daily low. There's a far reach for the next daily low. Price will reach the GU daily order block...
SMT = Smart Money Theory After looking at this from multiple time frames, price action needs to have a daily bias and after today it seems to have turned from the sell to a buy bias. Price seeks previous highs and lows to break and now we have multiple highs in succession and it is close to those highs. However, there needs to be a pull back before moving...