A rallying USD is putting ample pressure on Euro futures. Now that we’ve broken trendline support, it appears that we’re in the midst of a steeper correction. How low can the contract go?
Technical Outlook :
Euro futures trended higher for the duration of Q4 last year, with trendline support dating back to November first. Weakness in the USD, and favorable...
Perfect trades to their profit targets.
HWB short in the 15min lined up with the first HWB in the 5
Second HWB hit a 3:1 but, might not hit the profit target. Along with what I mentioned we are also in the bottom of a longer-term range.
On the 15-minute, I identified a range and a HWB (Half Way Back) that had the potential to hit both the bottom of the range and the profit target. There is also a wedge that has formed.
The daily is also at the bottom of a channel and triggered HWB 8 days ago. The only issue on the daily is that there is a lot of choppiness since reaching that HWB.
Entered a H2...
1. Daily Swing structure is bearish, after this clear break of market structure.
2. The internal structure is bullish, as price pulls back into premium.
The reaction to supply is significant. It potentially indicates the end of the retracement, and
price now seeking external LQ at the swing low.
3. I am monitoring the FVG above closely. Should price trade...
If you would like to be notified whenever I post a new article, just click "FOLLOW" at the top. Also, if you would like to elaborate on a particular topic or need some advice, please comment below the article and I will be happy to help.
Will dollar strength affect market correction?
On Tuesday, the dollar index rose to 102 after a period of growth. Investors...
Price has been in a bullish trend on the daily time frame. It looks like it has take lows for liquidity and is aiming to make higher highs. I want to see a manipulation leg towards the down side and see a positive shift in structure bullish before entering the trade. Will aim for swing high.
Fighting inflation is hard. Hence, central banks are data dependent while calibrating rates. Continuing geopolitical conflicts puts Europe at risk of inflation relapse.
Headline numbers can be misleading. Central bankers will dig deep. Deeper analysis will compel investors and policy makers to rethink and recalibrate interest rate calculus.
This paper unpacks...
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
-...
Wolfe waves - low spike / Manipulation of the market - rentry in the area of interest - retest of support level (which also represent the 75% Fib retracement of the last price movement/ inefficiency). Buy.
Last week was busy for major central banks. During a 60-hour window, rates were set for 60% of the global economy, from the US Fed, the ECB, to the BoE.
Central banks’ announcements caused a frenzy in markets. The pivot to a dovish stance by the US Fed contrasted sharply with hawkishness from the ECB.
This paper summarizes rate announcements and their market...
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
-...
Price in currently in a downward trend.
Seen trendline break and pull back on higher time frames.
Tips and Trick on screen setup and which opportunities to look for.
Live trade
TrendCloud is showing an extended trend on the 4 hour chart.
This means that we should see price pull back below the 50 SMA to recalculate.
The one hour chart is in a downtrend and CCI has gone below -100. This indicates strong momentum to the downside as its approaching the 15 minute supply zone.
We might have enough momentum for another push down once the...
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
-...
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.
