A lot of bearish views coming out on EURUSD. While I agree, there is bullish divergence on the 30 min. We may see one more leg up on the divergence and a short squeeze before heading downward. I will be looking for an entry closer to the top of the channel or upon confirmation that we break down out of the rising wedge.
Price will be bullish for a while since it is in an uptrend on the monthly tf and will need to break the swing high to confirm the continuity of the trend.
Trade setup There are trapped traders on both sides of price above monthly highs & lows for TBonds ZB1! on 4H timeframe. When price comes back to either of these zones - these trapped traders will want to exit - giving us an exit! Risk management 1) Reduce 50% at 1R => Trade becomes risk free 2) Reduce further 25% at 2R AND move SL to break-even 3) Close...
Trade setup DXY (Dollar index) has trapped buyers at the top. When price comes back to this zone, they'd love an exit - giving us a short trade in the process. Risk management 1) Reduce 50% at 1R => Trade becomes risk free 2) Reduce further 25% at 2R AND move SL to break-even 3) Close trade at 3R 4) Winner = 1.75R Strategy Pickup a pair which is highly...
Price has retested the average price of the bullish orderblock on the daily timeframe. Higher Low’s being formed on the 4Hr timeframe along with a liquidity tag show signs of bears loosing control. Which is starting to create an imbalance favoring the bulls. 🎯: Untested bearish orderblock off the daily. ::: Election ::: We could see a crazy rally and...
According Wyckoff it appears we have Accumulation Schematic 1 forming. Equal lows where liquidity was resting have already been taken out. Which is where the Spring occurred. So now we just anticipate for the test. A pullback down before price just takes off.
Sell Side Liquidity purged ,we can possibly see a run on Buy Side Liquidity then maybe a fake out ,back to the down side
With the results of the USA presidential elections coming up this week, there is a lot of room for speculation about the future of the U.S. Dollar and the U.S. Market. That being said, many investors are likely to move some or all of their funds to safer assets (usually, assets with intrinsic value). These "safer assets" are often called Safe Havens. Gold has...
EUR/USD has come to a strong level of demand and has broken Market structure. Even though the trend is currently towards the downside I believe price will react to this strong zone and push up for a good buying opportunity. -This is a speculative setup, not investment advice. Trade safe and always use correct risk management!
Evening Traders, Today’s analysis – THETAUSDT – breaking Dynamic S/R, failure to close back above is bearish. Points to consider, - Price Action Pivot - Range Low Support Confluence - Dynamic S/R Resistance - Oscillators Neutral - Declining Volume THETAUSDT’s immediate price action is below 21 MA and Dynamic Support; this allows us to have a bearish...
Detailed backtest results - prnt.sc - Win/Loss ratio : 433% - Non losers : 82% - Net R : 19.75 R across 17 trades - Avg R / winner = 1.52 - Avg R / trade = 1.16 Icons on the chart - Thumbs up : Trade was a win - Thumbs down : Trade was a loss - Circle with a cross : Trade was breakeven - Cross : Did not take the trade due to one or more trade qualifiers - Bug...
Detailed backtest results - prnt.sc - Win/Loss ratio : 220% - Non losers : 71% - Net R : 14.25 R across 17 trades - Avg R / winner = 1.3 - Avg R / trade = 0.84 Icons on the chart - Thumbs up : Trade was a win - Thumbs down : Trade was a loss - Circle with a cross : Trade was breakeven - Cross : Did not take the trade due to one or more trade qualifiers - Bug...
There are a whole bunch of trapped traders on both sides of price for SPY500 / Emini futures / ES1! which will want to exit, giving us a trade in opposite direction (yellow zones) Beware of the engineered liquidity zones - which are almost like a candy land for big institutions - where orders are just sitting to be taken! Those zones WILL BE poked poked! (green...
Detailed backtest results - prnt.sc - Win/Loss ratio : 400% - Non losers : 85% - Net R : 12 R across 13 trades - Avg R / winner = 1.5 - Avg R / trade = 0.92 Icons on the chart - Thumbs up : Trade was a win - Thumbs down : Trade was a loss - Circle with a cross : Trade was breakeven - Cross : Did not take the trade due to one or more trade qualifiers - Bug : I...
Detailed backtest results prnt.sc Win/Loss ratio : 700% Non losers : 92% Net R : 11.25 R across 12 trades Avg R / winner = 1.61 Avg R / trade = 0.94 Icons on the chart Thumbs up : Trade was a win Thumbs down : Trade was a loss Circle with a cross : Trade was breakeven Cross : Did not take the trade due to one or more trade qualifiers Bug : I could not...