1/6/2023 SPXBig move today!
First taking EQL liquidity and then deliver price through buy side liquidity.
How did I know it will happen if I don't know what macroeconomic numbers we will get?
Liquidity is the answer.
If there are more retail traders in bullish positions, market makers will move price down.
If there are more retail traders in bearish positions, market makers will move price up.
This works regardless of the market you are trading, the news that is, or the data that is presented.
News, the economic calendar and earnings report are just volatility to take sell side and buy side liquidity.
So the next time you are questioning yourself why the price went down, when GDP numbers went up, the answer will be just liquidity.
Question yourself of what you have been taught of technical analysis is really what it works, if that "double top" or "geometric bullish figure" will work if 95% of traders are looking the same thing.
Buysideliquidity
Probability for 22/12/22 After nice drop in GBP/JPY and makink 40% I'm wondering if that was more to do with luck or my analisis. I did predict price will go down and I saw the build up, I wasn't expecting it will take that long and funny enough I wasn't aware of BOJ intrest rates news.
However I got two posibilities, up or down ( like alwas). Main Sellside liquidity was taken out and I see another build up but there is another sellside liquidity and massive FVG which was created during BOJ Intrest Rate News. I'm more towards going up but this is what Smart money wants you to think about it.
Please share your thoughts.
Probability for 14/12/22 So far so good, the price reached Buyside LIquidity, and then during 8.30 News NY time, we had a massive sell-off to first Sellside Liquidity.
I believe the price will retrace to 50% on Fib and then continue to another Sellside Liquidity. But just in case anyone wants to trade that than please make sure you have your Stop Loss in place.
Please share your thoughts.
Probability for 12/12/22 No trades for me today. I'm waiting for what will happen. I need HH or LL to be formed above Sun or Mon opening candle .
Weekly candle - Bullish
Daily candle - Bullish
Common sense tells us to look for longs but if the price reaches Buyside liquidity then We can look for shorts.
What are your thoughts?
Probability for 05/12/22 I think the overall price will target Buyside Liquidity and then drop down to Sellside Liquidity but also I strongly belive that price will try to reach an Imbalance (4h TF)which is below Sellside liquidity.
During London Kill Zone I'll keep my eyes on setup to go Long and once price action reach Buyside Liquidity I'll be looking to go Short and exit at second Sellside LIquidity.
Please share your thoughts.
Trading with Children.I think this is one of the most distracting thing while you trade.
If you are in the "zone" and there is a dog, child or your spouse around it is very difficult to focus on your trades.
I did 5 trades altogether.
Initially, I end up with a 6.5% profit but due to continuous trading, I end up with a 2% profit.
Let's keep going.
Run on Liquidity | ICT ConceptsLooking at this 1h Chart, price has now ran the Liquidity resting above the Thursday high and is still heading to target the other liquidity resting above the D BSLQ. This is the best place to get to the lower Time Frame to look for a Short Setup targeting the Imbalances that the market printed during the London Session. But I'd suggest you wait for the New York Session first before entering any Short setup.
3% Take Profit.Missed one trade and got to another. Buying at almost premium.
From the moment I missed the trade, I was waiting for FVG creation. Price did retrace to FVG but consolidated for some time. It tool longer then I anticipated but in the end, everything worked out.
Please share your thoughts.
Testing 8.30 NY news. 16/11/22I don't follow standard Support and Resistance mode or Supply and Demand but instead I do follow Price and Time. Still lots to learn but getting better.
This is something I wanted to try today. 8.30 NY News and later on 9.30 NY session open. I was taken out at first but later on whole thing played nicely.
Please share your thoughts or if you have any questions then please feel free to contact me.
Probability for 14/11/22 If you look at D TF and use Fib you will notice that price will continue to go down. If you drop to 1H TF then you'll see price retested to what was support and now became resistance. I'll go for small scalp Long today on 15min TF and after that, I'll go short once I get setup.
Let me know your thoughts.