As you can see the market created a change of character (CHoCH) which is basically a reversal of market structure. Markets left an order block that broke structure and also left imbalance on higher TF which confirms and solidifies our POI. Now we wait for it to come into our POI and show us confirmations of market going long.
*SMT* = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. I'm Sorry, but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remember...
*SMT* = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. I'm Sorry, but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remember...
Institutional levels for EURUSD today.. get ready!
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...
JP MORGAN BANK INSTITUTIONAL BUY LVLS SHARING JUST WITH YOU GUYS... Buy after the breakout: 31 990 - 4H accumulation candle must close above the mentioned level, wicks are not important. Wish you good luck.
*SMT = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges, trendlines, channels, harmonics, etc. has any effect on how price reacts. I'm Sorry, but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remember...
INDICES - BEARISH LOOKING FOR SELLS ON THE 1HR TF - MARKET EXECUTED ON 15 MIN TF AT THE OPEN OF NY SESSION RISK TO REWARD RATIO 1:37 Beautifully played to TP area of previous consolidation
*SMT = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. I'm Sorry but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remembers...
Here is my setup for a potential sell on USDCAD. Since we have the change of character and the most recent high did not break the previous high, I'm inclined to think that we'll start getting some sell opportunities.
EURUSD SELL TO BUY In lower timeframes we are bearish, looking to be a part of the countertrend as the higher timeframe is bullish. Selling to our point of interest, buying at that area and TP out of the sell
EURUSD BUY CONFIRMATIONS Smart-money trader CONFIRMATION CHECKLIST Re-entry Market structure Liquidity FIB 78.6% - 88.6% Break of structure Mitigation to continue the uptrend
NZDUSD SELL CONFIRMTATIONS Smart-money trader CONFIRMATION CHECKLIST Market structure Liquidity sweep with institutional move FIB 78.6% - 88.6% Break of structure Mitigation to continue the uptrend
*SMT = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to...
As you can see GBPUSD had some highs near 1.3587. Those highs were broken durng the morning volatility. It has retraced a little each and who knows I may have missed the entranced when uit already got below 1.35795 and hit near 1.35583. That was the gold move to buy. Yes it's slowly retracting but that's to make retail traders believe that it's actuall going to...
Traders as we can see GBPUSD has hit a trendline break and retested right down to our daily bullish order block zone, we could see it drop lower into the next area and this could be a false breakout but for now we will be looking for confirmation to enter long positions. Good luck and Happy Trading Everyone!
Is not supply and demand... chart pattern or harmonic pattern and no indicators :) i dont use zone, but i use specific level. i use fibs only to find equilibrium and OTE. Currently price hovering arround mid level of parent swing, normally price will play in the middle of the range at FOMC week. Find your liquidity, or you are the liquidity. if you enjoy my...
The Nasdaq has been full on bearish for January which is in line with it's seasonal tendency and as such I'm anticipating further downward movement this week into the imbalances below. Though there's also a possibility of a pull back to clear buyside liquidity before continuing down into the imbalalnces. Have to wait to see.