🇺🇸 US30 - NY Session - 26th July 2022 Narrative - Looking at both sides of the market in this session due to bearish 4h OF and HTF bearish intent as well playing the bullish LTF swing range and LTF OF ranges. Will prioritise trading with LTF OF due to the conflicting nature of the LTF swing range and 4h OF..
BTCUSD has traded into supply, and rejecting. May be heading lower for the weekend.
The market is bearish. The FOMC news gave it a boost, but I believe this may be short term. I'm looking ofr bearish PA at the POI. If that presents itself, then a sell would be the move to make.
ETH has broken structure to the upside, and now in retracement. I believe it is setting up a great long position.
Price seems to be displaying a change of character, shifting from bearish to bullish momentum. This presents an opportunity to take a short term long position. Waiting for a confirmation entry is key here. Allow me to show you how I do it.
Price had reached an area where there were previous rejections... but I was waiting for the sweep of Liquidity first. Once that was done, then I look for the double confirmation entry. Here's the breakdown.....
A Very nice setup presented itself during London Open. Most people trading AUDUSD seem to be short right now so this trade was ripe for picking. My expectation was that London Open would be making the low of the day and it would follow through for the rest of the session and continue moving higher in NY. My expectations were correct and we were able to see a...
Adjusting to the price action, an updated look at the current market shows price is bearish, making LHs and LLs. It is now at a what I believe is a valid demand zone. I am looking for bullish PA that may indicate a market shift here, where the market may be turning from bearish to bullish momentum.
this is not finical advice ,just looking at the market through my lens
Hi traders. Here's my trade of the day breakdown. Despite doing a short on AU in a very bullish trend I did it right. Sorry for the low peace and rumbling but I had my dosage of whiskey and wine ;) Have a great weekend! Cheers, Jester
Went through my main 4 pairs that I trade during the day. I trade Smart Money Concepts / price action. ATM I'm doing my Phase 1 Challenge and so for so good. Will leave the initial trade ideas in the comment section and also try to post updates as the price develops. So try to stick around ;) May the RR be with you! Best regards, Jester
Like EU I'm also medium term bullish on GU. Despite being long term bearish we could see some week or two of bullishness (or consolidation).
Going through structure and liquidity on a 1h squeezed chart.
Went through my main 4 pairs that I trade during the day. I trade Smart Money Concepts / price action. ATM I'm doing my Phase 1 Challenge and so for so good. Will leave the initial trade ideas in the comment section and also try to post updates as the price develops. So try to stick around ;) May the RR be with you! Best regards, Jester
Went through my main 4 pairs that I trade for the day.
Price has made a descending channel that grab liquidity and moved up impulsively. Price has a high probability of going up, to the start of the channel, so I am waiting for a bullish signal,
How To Trade Supply & Demand, Wyckoff, And Smart Money Concepts like a BOSS! This is a quick tutorial breaking down a trade I took this morning, and how supply and demand, Wyckoff, and smart money concepts all tie in together. You do not have to know or understand Wyckoff in order to trade smart money, as mentioned in this video I didn't even realize I was...
A strong bullish weekly engulfing candle. What next? Let's find out.