We have trapped price in a horizontal channel in a very sensitive area. Therefore, whichever side it may break towards we can see some big moves this week as there is a lot of liquidity both ways the institutions can target. I will not be looking to take any trades till price breaks out of one of the zones we have outlined and then on the retest we can look for...
the price is losing strength, I see it marked by the turn it is taking (it is slow but the "bulls" are losing ground). I think the market is going to close lower zones, "everything that goes up falls", the XAUSD has already been in the range for a long time without generating new work zones, nor did it produce breaks of valid resistances to be able to expel the...
I started off with my normal set up to trade London session by marking my midnight open, high and low of the week. I anticipate GBPCAD to make a lower low during the manipulation period before going up for a buy. I also got confirmation from the harmonic scanner of IM Academy. I will wait until 2:30-3:00am EST to decide if I will enter this trade.
I would like to see GBPJPY make a run to that Volume imbalance. If you take a look at my last post about this pair you'll see how I dissected it on a lower timeframe. This market is showing a lot of bullishness I'll be expecting some lows to form and look for Buy entries. After the market took out the recent oderblock it was telling me that we are in bull...
GBPCAD is showing strong bullish movements after hitting off of a weekly bullish order block. Im looking for the market to drop about 30 pips around the daily oder block entries, depending on what EURGBP does during London open. That will be my main indicator on if GBPCAD will be a buy or not. Also I see the buy side liquidity pool has been created over time with...
Since this is NFP us traders have to be careful with what trades we get into. Although if my analysis is correct we can catch some nice movements during NY sessions, Asian sessions, or London sessions. As of the beginning of the week I was bearish on the dollar and caught some very clean price action. I still am bearish to some degree. I want to see the DXY...
Based on many divergences + confluencing with a Daily Base Institutional Pattern. WyckOff also discovered in the change of trend, also looking at price action.
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...
I would like to see EURGBP drop since it hit off of a bearish Daily Oder block. That gave us a nice reaction to the down side. Now I would like to see the market show a sign of retracement for us to capture some sell entries and have the market continue to the downside just like how I said. It's important to notice how the market will take out that liquidity pool...
I'm basing on institutional levels, a Daily IMB was reached, confluencing with a double daily divergence + a WyckOff formation confirmating the BOS.
The price could move up to take out the liquidity formed above $35.8-ish level, before moving down to mitigate. The.618 fib level matched up nicely with the sell before the buy on the 15 min chart. The price might then move up to fill inefficiencies in the $45-50 region. I'm pretty new to this so any criticism would be appreciated :)
We see 88.60%area interest for institutions,bank want to get to that area to do reversal and take all liqudity. Stop lose is on last wick.You can put pending position or you can enter with market exucution. Swing trade setap..Its maybe take a 2-4 days to hit take profit. Just trust the proces and evrything it bee great :) Dont overelavrege,do 0,5% or 1% per...
JPY has been on a downtrend the majority of this week. In no mind to go against the trend at the moment. From the ASIAN session, EUR has come out strong and the JPY has come out subpar. With that in mind, I see no reason to be a seller just yet. tight stop loss in this market
- Don't be afraid to follow me, and hit the like button - Looking at this mornings strength index and the weakness of the AUD. I would be looking to place a long trade in this market. European session should break this consolidation
Waiting for the retail to finish to join in buy.