EURJPY LONGWe have a reaction on the daily OB which shows us the EOF on higher tf. On the lower tf. i see the bos and i am looking for price to come back to the OB that caused the bos.
Educational use.I am not a financial advisor .
Breakofstructure
Smart Money SHORT | AUDNZDNot a trade i am going to take personally as I don't like the size of the spread on this pair and its not something I typically trade.
But if you trade this pair, then this could be a decent trade for it.
GBPUSD Analysis 9/9/2021Break of structure. I have my point of interest where I believe price will retest at and go long from there.
GOLD Bullish Order block Gold has been on uptrend and breaking structure. I anticipate a move back to the order block that created the momentum that broke structure. Afterwards, if this plays out well, i will wait for a confirmation to sell.
This is not a financial advice. Do your analysis also.
EURNZD Analysis 9/1/2021Hello traders, this is my analysis on EURNZD.
Over the past few days EN has dropped over 400 pips. I think it’s time for a reversal.
There is a 4 HR Double Bottom. Also a break of structure indicating a reversal.
If you agree, please give this post a like and follow for more chart analysis.
GBPNZDPrice continued breaking structure to the downside with a bearish engulfing on the daily. Watch pull backs for potential continuation move down
Eg.2: Viewing Break of Market Structures as Broken Expectations Another example of how market structure breaks can be viewed from a perspective of broken expectations of either parties (buyers or sellers). If you were a buyer or seller, where would you be getting involved? Had you gotten involved, would your expectations have been met? If not, how violently were they broken?
Viewing Break of Market Structures as Broken ExpectationsBreak of expectations is a perspective from which I look at market moves a lot of the time. Broken expectations manifest in the form of broken structures. It's the same thing, but just another way of looking at such moves which makes the liquidity story a bit clearer thereby inducing more confidence in taking trades off these zones. Obvious trend continuation zones, when broken, catch many a trader offside. These make for high probability trade locations (for trades in the opposite direction).
TrendyTrades: V with 3PTSI'm bullish on VISA with 3 pts displayed to take profits. Above anchored vwap and break of downtrend. Lets gooo.
TrendyTrades: AMD to 110?AMD setting up for a break of structure and PT is 110. Let's get it. TRENDYCHARTSANALYSIS BABYY
GBPJPY Analysis 8/22/21Break of structure. Waiting for test on minor zone and heading long. What about you?
GBPUSD Analysis 8/22/21Clear break of structure on the 1 HR Time frame. Waiting for a retest and going long. Feedback please.
GBPCHF H1 MARKET STRUCTUREGBPCHF H1 MARKET STRUCTURE
Market Structure Alignment
GBPCHF
M
W
D
H4
H1 = BEARISH RANGE
M15
M5
M1
b = Bullish
bg = Bullish Range
br = Bearish
brg = Bearish Range
GBPUSD August 9th-13th SetupPrice broke Structure on 4H from downtrend to uptrend. Price creating Bullish Flag pattern a sign of continuation. 1H Bollinger band and 4H Bollinger band squeeze (impulse move coming). 4H Bullish Divergence created. Looking for next 4H structure high around 1.41193 which is also next Weekly Pivot level.
I backtested DeGRAM's Gold Ideas 77 TimesIntroduction
Break of structure is a popular trading strategy.
It is trade along the current direction of structure but cut loss or even reverse when break of structure.
@salehifx_trader and @arashhabibpooor et. al. said they feel disappointed when they receive the trend reverse signal with huge loss.
It is possible the price may pull back or temporarily leave the bound of structure.
Therefore, blindly following the structure may be not profitable in some time.
In this case, I backtest @DeGRAM 's Gold ideas from Apr13 to Jul28, 2021.
Jul29 is the day of closing all positions.
Note this day is the day Fed updated currency policy.
Test Method 1
If DeGRAM said long, close all short positions and open a new long position.
If DeGRAM said short, close all long positions and open a new short position.
Jul29 is the day of closing all positions.
There are 15 data, representing trading in 15 different time stamps of a day. The earliest one is 03:00 and the latest one is 17:00. The time zone is utc+3.
Test Method 2
If DeGRAM said long, close all short positions.
If DeGRAM said long and there are no long positions, open a long position.
If DeGRAM said short, close all long positions.
If DeGRAM said short and there are no short positions, open a short position.
Jul29 is the day of closing all positions.
There are 15 data, representing trading in 15 different time stamps of a day. The earliest one is 03:00 and the latest one is 17:00. The time zone is utc+3.
Result
I compute the numbers with opening price and did not include bid-ask spread, commission and overnight fee.
Method 1 :
03:00 -> -2907.47
04:00 -> -2850.79
05:00 -> -2974.58
06:00 -> -3025.25
07:00 -> -2964.79
08:00 -> -2992.37
09:00 -> -3106.63
10:00 -> -3103.31
11:00 -> -3145.71
12:00 -> -3300.93
13:00 -> -3301.49
14:00 -> -3212.76
15:00 -> -3377.93
16:00 -> -3832.02
17:00 -> -3760.32
average -> -3190.43
Method 2 :
03:00 -> -160.82
04:00 -> -152.48
05:00 -> -162.21
06:00 -> -171.85
07:00 -> -164.90
08:00 -> -163.99
09:00 -> -173.51
10:00 -> -150.52
11:00 -> -174.82
12:00 -> -174.53
13:00 -> -185.05
14:00 -> -180.83
15:00 -> -195.08
16:00 -> -269.06
17:00 -> -289.69
average -> -184.63
Conclusion and Suggestions
* Trading break of structure solely may be too late.
* Repeatly buy and sell in range can lead to more profit.
* We can improve gold trading by predicting the action of Fed.
* Gold is long term bullish unless governments want zero or negative inflation, so we can consider other instruments better than short gold.
EURGBP H4 PROJECTIONReason:
1. Divergence
2. Retest from potential spring
3. Mitigated 5min bullish OB
4. Market currently at the respective support zone
AUDCAD H4 PROJECTIONReason:
1. Break of Structure
2. Price recently created swing low
3. Expecting to deeply retrace towards the bearish POI
CADJPY, Long Opportunity - 1:5 and 1:14 availableGood afternoon ladies & gents,
After spending 3 days in consolidation, accumulating and collecting orders. CJ is now ready to displace higher to take out the monthly equal highs where a large pool of liquidity lies around the 91.500-92.000 level.
I'm looking for price to trade back down into the H1 Bullish Orderblock, where I'll be looking for a long.
Initial target is the high of the H4 range, secondary target will be the Monthly Equal Highs.
Let's do this.
- AmplaFX
Market Structure - The Chart analysis (simplified!!!)Using Market Structure to identify entries in the FX market has been a life changing technique for me. Through this video, i described my process of entering trades using MS without a single indicator in sight!!!
You'll see the following :
1. How to draw support and resistance.
2. How to identify the trends in a market ? What is a Break of Structure ?
3. Avoiding fake outs using the Law of 2's (by waiting for two consecutive HH's and HL's | LH's and LL's).
4. What is a Major Level ? Is it really useful to my analysis?
5. How to determine Take Profit using MS.....etc
