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...
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
-...
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
-...
EURUSD
Shorts
Daily
We've been short since the upper band, and have taken some off the table, but remain with the trend down as the Dollar Index continues its trend as well. Give us a "like" if you find some value in our chart analysis and we appreciate any support you give.
Next few days for M6E futures looks very corrective.
Confluence .25% above is high time frame resistance with close price level on the monthly, weekly, and the daily lining up with the local .786 retrace level and would be a complete ABC corrective retracement.
Trade Well....
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
-...
Hey Traders so today I wanted to share what I believe to be 2 of the best exit strategies using only Support and Resistance on your Daily Charts. Also another way of staying 3 days behind the market and using a trailing stop. The nice thing about these strategies is they don't require any indicators just drawing a few lines on your chart.
Enjoy!
Trade Well,
Clifford
both 4H and m30 show impulsive wave structure
price is now on 50% fib so there are possibility that price will strongly continue go down
bearish candle pattern on m30 confirm this entry
surely that there are possibility to loss too because corrective wave is difficult to predict
but if our guess is right RR is good
Good day traders i will be executing buy entries on the EURUSD when the EUR FUTURES market trades to our daily FVG+OB which happens to be at equilibrium,i am hoping it traders slightly below equilibrium into a discount then shoots to the upside
entry:1.09820
SL:1.08640
TP:1.15050
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
-...
