After creating a higher high and sweeped the trend liquidity the market left a POI at 77064 (78.60 fibs level). Waited for the retrace and placed a sell limit 7706. 46 pips in profit 0 drawdown
Finally from my bias of DXY getting strong which will also make USD strong and i found a good setup for a sell on EURUSD so USD being the quote of this pair i expect EURUSD should drop
Am looking to go long on GOLD from 1825 level if i see good rejection but if not then i will be eyeing 1800 lets watch out for gold
You will see that I have updated the entry for the price rising much quicker than expected. It looks like it has reached previous levels and hit a previous resistance.
EURGBP has changed direction on the daily so we are looking for higher prices.
This is just an idea of where GbpUsd might be going, It created a HH on the weekly time frame, should be following with a retracement to head higher later on probably during the new year.
Hello Snipers, im back once again with a potential setup. Today's trading session was good as i listened to my ideas for once and did not hesitate so im happy about that. Hope you all entered the trading week on a positive momentum. But anyways, lets get into the setup. So currently as we can see, the current trend on a bigger time frame is upwards, so we are...
Today is one of those days gbp is going to test your patience. I say that because in the beginning of the NY session we see a lot of rapid moves and reversals from the 2 levels i have marked on my chart. Lets dive in a bit: So first off, we are going to establish the commanding trend right now and believe it or not, that trend is upwards transitioning to...
Yeppp, another neutral, simply because this session in the morning was very undecided. Strong push up in the early morning, followed by a strong drop that lasted till maybe 3pm (ET)... That all being said, im more expectant of a short simply because the commanding trend on the 1H is downward (the dark red arrow) If a short were to form, we must wait for a break...
Neutral? Yes neutral, and the reason why is quite simple. Follow me: So as we can see, price has tried (and succeeded) in breaking below the support we are currently faced with, however, buyers were strong enough to push price back up above the said level. Now what im waiting on is for price action to give me more clues about the pair's next move. Id be more...
Ok while im day trading i notice gbpusd is approaching a fairly major support level. Im waiting for either a bounce on this support to catch a little reversal action, or see the price break and retest the level to convert it to a resistance level. Im more in favor of a reversal since we have dropped a long way in price and theres a lot of built up liquidity on...
Ok so from what I am seeing, it looks as we will be going short for the beginning of the week. Ill explain below: as we saw last week, gbp tested the upper resistance multiple times and has gotten rejected each of those times. For a short position, i need to see gbp hit the top resistance once more and get rejected, obviously waiting for confirmations from the...
HI, JUST A SIMPLE TRADE IDEA, BUT I AM NOT SO HIGH ON IT WE WILL SEE HOW IT GOES. I THINK THAT IF THE PRICE IS TO HAVE A BULLISH IMPULSE THE H4 DEMAND ZONE WITH THE 0.786 FIBONACCI CONFLUENCE CAN BE A GREAT AREA TO BUY.
Alrighty, on today's episode of fastboii trades LOL, no seriously, before i go to sleep to take a stupid exam in the morning heres my ideas for GU. So as of now, we have been hovering at this little liquidity zone if you will, and it looks as if now it will see a drop. That being said, i may take this sell before i go to bed just to the target marked on my screen....
Ok, so my next trading session is NY session, in the meantime, im going to state my prediction for the market in the next morning session. So basically, i have 2 predictions as of now. The more likely one (in purple) i think is more plausible because of the lower volume from this time until maybe 7 am. However, the arrows in red are likely IF theres enough volume...
Hey traders a beautiful end to a great week on the charts. As the market closes and we anticipate another week Im thinking we can look for longs on EU. I see FVG and Liquidity resting above that the Market makers may want to fill and balance out. If this schematic is correct and this spring is infact correct then I am waiting on a test and then a move up to...