As a student of ICT, retail theory is not our thing. What I see that creates the current All time high is a liquidity run. It dips, creating a breaker, comes back up but doesn't get higher than the All time high. This is a signal for price to drop below a previous low. Which low is that? Depends on where the strongest breaker/order block is. Anyway, I was looking...
FX:EURUSD Saturday Chart Analysis Welcome all you data enthusiasts, this is my bias for the week to come. November 8-13, 2020 I am predicting a correction before and impulse to occur. I have three opinions for what might occur in the pair come market open. Have a wonderful weekend fellow humans.
I could be completely off as I haven't seen a break in Market Structure as I'm trying to catch it before it happens, not with just this pair but EURUSD AND GBPUSD. I think If AUDUSD does break it before any others than we have a high probability of the rest of them breaking structure. I'm seeing a lot of equal highs and lows and breakers in price action. Which...
ANTICIPATING A BEARISH WEEK TO TAKE OUT THE EQUAL LOWS. LOOKING TO SHORT ABOVE THE OPEN.
As price rapidly drop at the end of the day I could easily spot the next movement price action would return to before going lower. Trade against it to the point if you wish or trade with it and add another position if you're still in my long swing trade with me. Entry will likely be around 1.18198 (allow room for broker) and it will trade back to the low it just...
LOOKING TO SHORT.. FLOW IS TO THE DOWNSIDE MONEY HAS BEEN CAPTURED... OLD LOWS COULD BE RAN BANKS ARE HIDING IN LAST BUY BEFORE THE HUGE SELL OFF WHICH WAS PROOF DUE TO IMBALANCE (UNHEALTHY PRICE ACTION)
First off, interest rates just dropped a tremendous level and the Commitment Of Traders show a lessening of shorts, meaning they're about to long this pair. See the indicators in the original, or I've made them larger here. The USDCAD had a weekly order block from December than it re-entered at the beginning of September. Using the nearest Institutional level,...
This relates to my idea I posted last week titled "Long Term GBPUSD - Go Long Soon" if you want to refer to that as this is a continuation of that idea. I know the chart looks busy but hear me out. The CoT (Commitment of Traders) indicator is at the bottom which indicates the net positions of Commercials (Central Banks) and Large Speculators (Retail Traders with...
ICT concepts! Study this. Look at my previous posts. I'm not as active due to helping my fellow upcoming FTMO students. Holla at me check the bio you know what to do. This is what I'm expecting for next week. Bullish days for all XXUSD pairs and DXY getting a beating from the Bears. :)
What I believe is depicted in the graph. Convince the retailers to buy during the London session while it runs into a bearish order block, there will be an abrupt turn around and price to head below the equal lows to trigger the retail sell stops. The probably a pull back and take those sell stops out at their stop losses. Then the continuation sell. The...
Due to the major shift yesterday, my daily bias is to be bearish. And even though we have not made a lower low, we have yet to create a higher high so I'm being a little aggressive with a bearish call since I don't have as many confirmations as I would like to have. I pulled fibs across a few situations and entered on each three of those situations shown and 3...
I drew this up last night thinking it would happen during the london session. But after today's confluence of the bullish day trade reached it's pivot point was the exact same Weekly Bearish Omptimal trade entry. Todays Bull trade, entry at 1.6940 was the 62% retracement around 8:30 A.M. Eastern time. That same fibonacci's pivot point meets the the 70.5 percent...
Smart Money Sell stops below the the wicks. Aim for a new low. like 1.16408 then 1.16320... Ok so I already Scalped this. Depending on my bias that could be the low for the day. Or it could be retracing for a better entry. Just waiting on London Open to Find out.
Was looking at a continuation of NZDUSD bearishness as we had a strong momentum push and clean 4H Equal Lows which Big banks were targetting as retail traders had their stop losses below the 'support'. We had a sweep of Asia low in London which created Equal lows on the 1H. We then run the high also meaning i was ready for entry in New york as i now had 4H equal...
Here are some key price areas ill be watching this week on AUD USD wanted to share my perspective and levels so maybe you can come up with some key thoughts on your own in regards to weekly or daily direction either way hope this helps as you prepare your analysis
There are 3 pockets of sell side liquidity right below us, which are ready to be raided! Short term : ICEUS:DX1! will head lower in search of liquidity Long term : ICEUS:DX1! will go higher once liquidity pockets have been raided. Also, lower DXY means higher S&P in the short term, lower in the long term.
In my opinion price moving back into IC Candle to then take out the double tops and the imbalance