On November 16, a series of "Seagull" option structures were initiated on the Euro (as shown in the picture). The stated objective of this strategy is to reach $1.06 by January 05, 2024. There is a high likelihood that the creator of this portfolio is not a retail trader.
This expectation is a framework to look for a potential trading setup; I don't just execute based on these levels, I always wait for confirmations on lower timeframes
This Analysis was done using my complete Strategy which includes:
- Smart Money Concepts
- Multi Timeframe Liquidity and Market Structure
- Supply And Demand
- Auction Theory
- Volume Analysis
-...
Two men adventuring in the wild. They see a tiger racing towards them. They turn and start dashing away. Then, one of them stops to put on shoes. “What are you doing? The beast will outsprint you despite those” says the other. “I don’t have to run faster than the tiger” he retorts. “I just have to outrun you.”
FX stories are not dissimilar. Relative strengths and...
In this video tutorial, we discussed which of these 6 major asset classes reacted the most initially during a major geopolitical conflict and what its implications are.
Micro Gold Futures and Options:
0.10 per troy ounce = $1.00
Code: MGC
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our...
My daily bias is bearish for EUR/USD so i will be lookig for trade ideas on the short side ive marked out a few levels on the chart or a potential trade entry to harvest a few pips.
6EZ2023 - EURUSD - SHORT
6E / EURUSD just had a strong bearish reaction on the H4 timeframe to the area of sensitivity (weekly fair value gap FVG).
On a pullback into a H4 premium, I will be hunting short triggers on M15 timeframe to then target the PWL (previous weekly low).
This correlates nicely with DXY, which just had the same reaction to a weekly FVG....
My bias for the day is bearish im expecting the DXY to be bullish.
So i will be more focused on short set ups however I remain neutral in my approach.
Entries will be in buy zones where OBs, FVGS, and mitigation blocks are located.
wait for a break and impulse move for a potential entry.
Trade Safe and Transcend Reality.
My daily Bias for EUR/USD for the day will be Bullish Im expecting another green candle close.
Optimal trade set ups for shorts will be found from premium to discount levels and for longs from discount to Premium levels. Where you will be able to harvest a few pips.
Look for a fill of the GAP and Liquidity voids on break of market structure.
Optimal trades can...
I have Analyzed EUR/USD for the day of 9/10/2023 using ICT SMC Concepts.
As I trade I remain neutral and wait for levels to be violated and enter trades based on Market Structure shifts.
My targets are Local highs and lows including with confluence +OB/-OB.
Despite unprecedented rate hikes up to 450 basis points over the last 12 months the Euro has lost ground to the US Dollar for the last nine straight weeks. As a result, the Eurozone interest rates are historical highs.
Currencies desire nothing more than higher rates. The Euro should have popped but instead it flopped after the ECB’s rate hiking decision last...
Very brief follow up with the EURUSD short term bull case I was building last week, and finally put on a trade on Friday before close, both the Euro FX futures CME:6E1! gapped up, and the MOEX:DX1! futures gapped down. If this follows through, that bodes well for my AMEX:FXE calls.
I will add, the options market in AMEX:FXE are not very liquid. You will...
Following Powell's statement at the annual Jackson Hole symposium – “We are prepared to raise rates further if appropriate and intend to hold policy at a restrictive level until we are confident that inflation is moving sustainably down toward our objective.” – markets seem more inclined towards expecting another rate hike in the US. This move, in our analysis,...
Looking a 4 hr line chart at some reoccuring retrace levels and time cycles we can see price is reaching the 70% retrace level of our last major uptrend. The question is will it be "retrace" and bounce or break the low of the last major swing signaling a reversal of the longer running macro uptrend.
Looking at the log chart we can see the rate at which price is...
