Price does not have a solid direction so we are monitoring to see how it reacts to news. Looking for monthly lows to be taken before a direction is given.
H4 and Daily timeframe are bearish right now. We are looking for a LH on both timeframe for sell opportunity.
GBP/USD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of interest. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
just as explained in my video, we would see the break down right from the weekly tf. down to the smaller tf, well simplified and explained. follow me for more
Hey Traders, After CPI data just came out, we have seen a fall in USD pairs on USD strength. So, looking ahead, we can study a macro view and tech view of the market, Watch for more.
my bias on gbpusd currently as i think gbpusd is going to drop in the long run...
Setting stop-loss and take-profit levels on TradingView is a straightforward process. Here's how you can do it: **1. Open a TradingView Chart:** - Log in to your TradingView account and open the chart for the instrument you want to trade, such as GBP/USD. **2. Draw a Long or Short Position:** - Click on the "Trading Panel" icon located at the bottom of the...
Optimizing and refining trading strategies is a continuous process that involves analyzing historical performance, identifying areas for improvement, and making adjustments to enhance profitability and reduce risk. Here's a step-by-step guide on how to optimize and refine your trading strategies: **1. Analyze Historical Performance:** - Review the historical...
I'm still bearish going into this week on GU but waiting for the week to set up before getting active. We can see the most recent highs taken out before they continue with the bearish price action. Just have to be patient and wait.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
simple support and resistance with reference of DXY
Monthly, Weekly and now daily is giving every reason to look for sell again. Before we start selling again, we will be buying the counter trend. Once price reaches the BOS area, then we will be looking for sell opportunity.
Welcome back! Let me know your thoughts in the comments! ** GBPUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
I hope this gives a clear idea of what we look at and look for in the markets each and every day. Feel free to ask questions in the group.
I had previously mentioned price is extremely bearish on GU. We got that push down for Thursday's sessions. From here it could retrace or just move sideways going into the new week. But have to wait for price to show its hand.
This was a multi time from analysis running from the monthly time frame all the way down to the one minute time frame utilizing a lot of ICT concepts.
My philosophy is simple... Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go. This includes; - Market Structure - Buyside/Sellside Liquidity - Order Blocks - Liquidity Voids - Fair Value Gaps - Optimal Trade Entry - Premium/Discount Array - SIBI/BISI - Many More! The strategies mentioned...
In this educational video, we'll delve into High Probability Trading Environments and introduce a simple yet effective concept to confirm their presence . Understanding these environments will empower you to confidently navigate the market with consistency and success. For a comprehensive understanding, I recommend watching my previous video on Understanding...