Fake ZonesThis indicator is useful for whom trade with "Smart Money Concept (SMC)" strategy.
It helps SMD traders to identify fake or weak zones in the chart, So they can avoid taking position in this zones.
This indicator marks "Asia session" as well as "London and New York's Lunch Time (one hour before London and NY session starts)" zones.
It also marks Inside Bar candles which SMC trades consider as order flow. You can mark every Inside Bar or only those with opposite color via setting options.
*** As we know in SMC rules
1- Supply and Demand zones in "Asia session and Lunch Times" are fake zones for SMC trading and price will engulf them in most of times.
2- "Asia session high and low" has huge liquidity and usually price sweep that in London session.
This indicator will helps traders to visually identify those Fake zones and Asia session liquidity.
* You can change session times based on your time zone in settings.
Demmand
EURUSD in DepthThis is the bigger picture of the main Idea that I posted on the Daily time frame. Here we can see the accumulation with the beautiful volumes in the demand zone of the range. The level of control can be seen on the daily time frame in the attached idea and it is in the same are of the demand zone. So the Level of control is validated and playing an important role in defending the price to not falling.
So we have now the complete setup. Good luck.
Gann Square BTCI took angle trend to square up the charting at a 45 and a 135 but from two directions. I used ATH and from each side up and down there lows before the reversal is where I put the 135 and 45. Once it met at ATH at the cross I put Gann squares from both directions. The having theirs opposite squares to see if any respect was giving off the lines. Then I continued the ganns to see how long it hold the respect.
PETR4 - Attack x Defense AnalysisAs a war game, there are base points to be defended by the owner.
Armies will fight to gain control of these points.
The stronger side takes the base point and attacks the next forward point.
The weak side just try to defend, back to the next base.
The points are the known resistances and supports.
Strength is measured by the result of each action.
Here comes Sun Tzu's knowledge in The Art of War.
usd peso correction then going higher ? Good afternoon everyone
so lets look at the usd peso , at the moment I still do see the usd a bit bearish and that is why I feel this market we can see a correction of some sort: If the breaks further lows then I will trade the long once the correction has stopped. I do feel we still have ways to go to higher levels with this pair and am looking forward in entering this market once we have completed this correction. Any thoughts or comments I am always open and happy for feedback
regards Kris
www.mymentortv.com
EUR CAD Trade updated 12/10/2017 from yesrerdays analysis So the area where I took the trade wasn't the best level to choice from, now seeing the market in better perspective I have renentered this trade with a better rr of 1 to 9.45 hitting my pitchfork as well as going back into where buyers were present. out of ten I am pretty happy with this trade 8/10 to make it 10/10 need on the lower time frame close of a higher high to maintain my hypothesis is valid.
Feed is more than welcome and look forward in seeing some more setups along the way
your friend
Kris
www.mymentortv.com