About meI'm a follower of theinnercircletrader(.com) (aka ICT).
You will only see time and price theory based setups, focussing on Forex pairs, mainly EURUSD and GBPUSD.
If you don't understand the vocabulary I use, watch the video's on his website.
Shorting GU, price bounced off of a resistance level, while USDX ran some stops and reversed, taking out short term highs, so flow is up for USDX, thus bearish foreign currencies
Targeting daily support levels
Shorting EU, according to seasonals there should be a top on Aug 21st.
this lines up with the daily bearish orderblock and monthly open level.
Holding until Sep 4th, just before ECB meeting of 7th.
I expect some kind of an interest rate rise, after which EU will explode to the upside
A bit later than expected, but we do have a 1H ATM method short on the EURUSD
Wen ran the stops, a 1H swing high is formed, enter at retouch of the bearish order block
Note that we also touched the equilibrium level of the bears daily order block of the swing high that was formed on the daily chart
price is hovering around the equilibrium of the current range.
It bounced off of a 4 hour bearish order block targeting the bullish 4h order block of the range.
some clean highs can be seen on the 15 min timeframe, preferably we run the stops during london open to continue our way lower