Looking for a sell scenario on EU as the DXY is now looking very bullish. Data releases on USD are heavy on Wednesday so that is when we could get the spike into our entry point which is the last volume filled buy before the sell which took equal highs, rounded up to the 500 Level for the better RRR. The daily structure is now bearish after making new LL. Entry is...
The DXY is showing increasing bullishness after filling market gap. Meaning NU should be weakening over today and the week ahead. We had highs swept and reversed very aggressively showing market maker manipulation. It then broke the 1H structure and we looked to enter off 1H Imbalance zone using 50% as a reference point using the fib. Targetting 1:3 and 1:5 taking...
The DXY is showing increasing bullishness after filling market gap. Meaning AU should be weakening over today and the week ahead. We had equal highs formed which were swept and reversed very aggressively showing market maker manipulation. It then broke the 1H structure and we looked to enter off the buy to sell open as a reference point using the fib. Targetting...
If you don't Understand Mitigating institutional candles, do some quick research. Gold has been institutionally mitigating almost the entire time. But I think I've spotted the next mitigation point .... Between 1932.082 and 1928.01. I found this flat top bear candle on the 3 HR Chart. A sell to Buy candle. Institutional candle. The institutions are still...
BEUTIFUL ENTREY 3PIP STOP LOSS AT 60PIP REWARD AT THIS CURRENT TIME WILL HOLD THIS TRADE ALREADY TOOK PARTIALS AND STOP IS AT BREAK EVEN. NO DRAW DOWN ON THIS TRADE AT ALL. I COMBINE SMART MONEY + WYCKOFF TO GET BEAUTIFUL ENTRIES
If you want to learn smartmoney - how the banks trade - comment below !
I've been studying Wyckoff's Smart Money Theory for a while. And after staring at the EURUSD chart it almost looks picture perfect to a Wyckoff accumulation chart. If there are any other Wyckoff students out there, please let me know what you think. I just made a play on the operator candle (The long play box is in the chart) )as this should go long right now...
I can't seem to unsee this schematic my buy limit was triggered and therefore im ok with this. I do see clean lows that the market may want to sweep but when the liquidity providers kick in I have a strong sneaky suspicion a lot of sellers will be crying? (or buyer) wait? but I'm buying LOL this has been tough call guys will post my daily analysis as well
Wait for an rejection or wick in this area then wait for that rejection to close, then take the trade or place a BUY limit.
Wait for an rejection or wick in this area then wait for that rejection to close, then take the trade or place a BUY limit.
Looking at 2 opportunities for a buy on GU. The first one is following the 1h/15m Current trend where a new higher high just formed. The second entry is lower considering the 1h imbalance that has confluence with the 4h Institutional Candle and also the liquidity that is still sitting below. Overall aiming the creation of a new higher hogh
Wait for an rejection or wick in this area then wait for that rejection to close, then take the trade or place a SELL limit.
Wait for an rejection or wick in this area then wait for that rejection to close, then take the trade or place a buy limit.
Look for an rejection or engulfing candle in the area of our entry or place a buy limit.
Wait for an rejection or wick in this area then wait for that rejection to close, then take the trade or place a SELL limit/Buy limit.
Wait for an rejection or wick in this area then wait for that rejection to close, then take the trade or place a SELL limit.