Intermarket_Trader

Intermarket_Trader

The Bullish Case for the Short-Term Fundamentals: Bitcoin has historically done well in October, but we know that seasonality only puts the probabilities on our side rather than being any absolute indicator. The USDX has had a bit of a sell off followed by a retracement back to near the Swing High and next week will likely reveal more about the general direction...

Intermarket_Trader

BSL = Buyside Liquidity (i.e., buy orders from Shorts) SSL = Sellside Liquidity (i.e., sell orders from Longs) P+R = Purge and Revert EQH = Equal Highs EQL = Equal Lows OB = Order Blocks BOS = Break of Structure LSH = Last Significant High FVG = Fair Value Gap I exited a little too early at the first leg of distribution, as I was expecting a bit of a retracement...

Intermarket_Trader

I'm open to ideas of further downside Price Action in the short-term, but I have a Bullish Bias towards a "rally" within a Bear Market scenario where Price might seek higher levels of liquidity in the intermediate-term (over a span of months sometime in 2022-2023). I won't ever make any specific Time and Price predictions beyond a general area of value and even...

Intermarket_Trader

Scenarios I'm considering: 1) Price makes a run upward to the short-term target above (note that these moves can take weeks or months). 2) Price continues lower into deeper levels of liquidity seeking more sell orders (the logic for this is explained down below). 3) Price crashes below anything I've mapped out here. My Longs get liquidated and I cry myself to...

Intermarket_Trader

ICT traders and "SMC" traders will be familiar with most of the Market Making ideas on here. For traders who aren't familiar with any of the terminology: Buyside Liquidity refers to where we expect Short positions to get stopped out when Price runs on old Highs. We anticipate Order Pairing at these levels where Smart Money Sell Orders are paired with losing Short...