Bullish expected day - Asian lows swept Bought below midnight opening price - Targeting buy stops above previous days high. Looking to ride up the majority of the daily range.
If you look through the chart, Q4 is primarily a bullish time for GBPUSD. Having filled the innefficency on the monthly chart, I believe that GU is now ready to begin running the REQH's which it left earlier in the year. - Lower time frame day trades / scalps will follow when they appear. - Not financial advice, do your own research.
Order flow bearish, however I believe we are currently at the low of the week. Taking a low risk buy here.
A trade which I am looking to take on US30. Not too familiar with this pair, but I like the look of the setup. This is not a signal, purely for my own records/ journaling.
Remember the level I said we would reach a few days ago? We're here.
Looking for price to make its way up to 1.37, then down to sweep the lows.
Price has reached the level I highlighted yesterday. Taken a sell position here, aiming for previous days lows.
Price has reached the level I was waiting for. Sold here, main target are the most recent lows.
This isn't a pair that I like to trade really, but I am considering adding it to my arsenal. The macro is just looking too clean. We have traders trapped on both sides, however due to dollar strength and order flow, I am currently bearish, looking for the lows to be swept.
Macro bearish on EU. Expecting high of the week to form above previous week's high (purging the liq), then a steady drop down towards monthly levels highlighted.
Looking for price to purge last weeks high, subsequently fill the imbalance, then target the sell stops below the weekly low.
I love the look of this chart. I am currently bearish on GBPUSD. I expect the high of the week for the coming week to form where I have marked. I then expect price to begin making its way down. I was bullish on this pair until recently, however I believe we will see 1.35 mid figure before we see 1.4 big figure.
Friday ~ low risk! Iffy about this one, we could easily purge the highs and hit my stop. However, I believe price will briefly go above the midnight opening price, tag my entry, then drop. Expecting heavy volatility due to high impact news.
Don't be fooled by green days, its only retracing to re-balance. Price can drop again from anywhere in this highlighted area (high chance of around 50% area).
Expecting the rest of trading today to fill the inefficiency laying above today's current high. I then expect price to fall tomorrow and wipe out everyone who is below the lows. This may happen tomorrow, also the chance of it happening next week.
Repricing complete after yesterdays displacement. Now short looking for price to purge the liquidity laying below yesterdays low. It did tap into this ever so slightly, however I would like to see it go much deeper. Ideal target is the daily liquidity.
No side is safe. Traders on both sides of the marketplace will get taken out today, before the big move. I am out of all positions.