Today is Friday so as always RISK MANAGEMENT is key to end the week and no need to overzealous. Just trade the market.
As you can see the weekly OB (red line) we noted earlier in the week played out pretty nicely and as expected and we are back towards the HTF buyside.
From here the market can go wherever it wants (as it always does) but it will ALWAYS SEEK...
NASDAQ US 100 is moving sideways on 1 hour timeframe, thus placing orders on both sides for buy stop in case price moves above the R2 level and sell stop in case price moves below S2 managing stop loss accorfingly.
Huge drop today as investors are worried about the rate cuts possibly being extended. Can we see a rebound with NFP news tomorrow and less worry in the markets?
Will be looking to buy here with strong bullish confirmation as price has reached the 886 fib level buy zone and set my TP at the 38.2 fib level.
Trade safe and manage risk on this trade if looking to enter.
As previously noted we were looking for the 4H buyside liquidity and we are finally getting it.
The market should soon take it out.
As you can see the weekly OB (red line) noted earlier in the week has been pivotal.
Something different compared to the trade ideas I normally post... nothing new..simply implementing my system on the HTF and showing you guys how...
As per usual, Im reversing the postion that i did have into a short.
Reasoning is because price seems to be having a hard time pushing higher after sitting on that ledge for yesterday and this momrning.
This showed by the slowing of buying pressure at the new high of day, Being instantly met with selling pressure that far outweighed the bulls.
Im expecting this...
Looking for a possible bearish candlestick formation at the top of the megaphone structure, on a higher timeframe. Then I will be looking to short the market. Expecting. Price to go down
Trading in foreign exchange (“Forex”) on margins entails high risk and is not suitable for all investors. Past performance is not an indication of future results. In this case, as well, the high degree of leverage can act both against you and for you.
ICT concepts in play here
Swing trade played out nicely and we got to our target.
Entry 18108
TP 18200
SL 18073
IF we hold the OB I expect us to keep on pushing higher towards the 4H buyside liquidity.
Hope some of you guys managed to get onboard.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and...
Long from 18108 on US 100 and taken some partials.
Targeting the liquidity around 18200.
Entry 18108
TP 18200
SL 18073
Clean liquidity run since we've started taking out the buyside (as noted yesterday)
As long as we hold the weekly OB (red line) I expect higher prices targeting the buyside liquidity.
Stay safe and never risk more than 1-5% of your capital...
rading in foreign exchange (“Forex”) on margins entails high risk and is not suitable for all investors. Past performance is not an indication of future results. In this case, as well, the high degree of leverage can act both against you and for you.
im using ict concepts
By checking the Nasdaq index chart in the 4-hour time frame, we can see that exactly as we expected, the first price was accompanied by a slight growth and filled the specified FVG, And after that, the price faced a heavy fall and corrected it by more than 400 pips to 17860! As you know, this is a demand range, and for this reason, the price reaction to this range...
POI areas for today. I'm waiting for price to take liquidity and react to these areas. I shall personally take entries dependent on how price reacts in these zones. If price takes liquidity on the 1m timeframe in any area and shoots towards a POI, then that POI is more then likely invalidated. If price slows down before reaching a POI, then it's more then likely...
Inflation Data Sharply Strengthens the US Dollar
Data on consumer prices and core inflation published yesterday exceeded expectations. According to ForexFactory:
→ Core CPI in monthly terms: actual = 0.4%, expected = 0.3%, a month ago = 0.4%;
→ CPI in annual terms: actual = 3.5%, forecast was = 3.4%, previous value = 3.2% with a target value of 2%.
As a result...
Taken a short scalp on US 100.
Not much movement following the FOMC minutes notes so played it small and with the market.
Entry 17970.5
TP 17940
SL 17982
Done for the day and will see what we for pa we get tomorrow.
For now expecting us to run the sellside liquidity (red line) and the LTF sellside (black line)
Bear in mind the buyside liquidity resting...
High risk Heist Plan,
Ola Chicos Chicas,
This is our Day Trade master plan to Heist Bullish side of US100. my dear Looters U can enter at the any point above my entered area of Green zone, Our target is Red Zone that is Dangerous area. We can escape near the Target area. There is a chance to move opposite direction. Be careful & be rich
