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Discountpricing

$XRP - Hedging Bullish Against Pevious Call? *SMT**SMT* = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. I'm Sorry, but you won't convince me that Tasla or Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remember price levels, that's it. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to remember is price will do 2 things 1) move toward attacking where there is Liquidity (Equal Highs, Equal Lows, phantom Trendlines etc.) and 2) Move toward Imbalance (Fair Value Gaps, Liquidity Voids. Open Gaps) That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.* I batttled withthis and had two ideas and I've narrowed it down to one. It should fill the 4 hour fair value gap bellow before shooting up and filling the Weekly fair value gaps created back in May/April So Currently the price dropped today in the new day and month but has not finished out the week. And I don't think that my original idea will be finished out this week. I do believe that the price will Move up. because if you look at the current Wave, the 162% is the current high within the last few days . Additionally it is within the weekly Faif value gap that it entered and droped created an Instititional Order Entry Drill (WHICH IS THE CURRENT HIGH) Now you can enter now with little leverage and leave a atop loss of about $0.42000 as well as a second entry of $0.4400 with the same stop loss. also with very low leverage. The reasoon I have it bullish above these prices are because the last quartly highs haven't been above $0.4100 and I would expect them to stay above that considering the weekly fair value gap prices. However, I do take a step back and think that it could fulfill the current 4 hour fair value gap before moving updward and then fulfilling the weekly fair value gap before getting to the current high. So that's why I have a thir entry, this would be high leveraged and the current 4 hour fair value gap price jumps from .4050 to .4230 Lastly I have an entry of $.42500 with a stop loss that would cover the 4 hour fair value gap and that entry would be the last bullish order block of $0.42545 covering to the previou areas consolidation low of $0.3760 ( 9however, if this is what you think you might as well add more leverage to your short and us these numbers as take profit) although, it' really the 4 hour FVG Low of 0.40550 that O dpn't think it will get lower than before I put on a high leverage long through the current Weekly Fair Value Gap and Hoping It gets to the other weekly Fair value Gap just above it. as you can see the weekly lows of the current chart are balanced vut where there is a weekly fair value gap above that price usually wants to fill, this is where the unbalanced act is that needs to be balanced. If it does fill the below 4 hour fair vlaue gap, my previous idea's take profit is complete and then it should move up to complete the banlancing of the weekly now that the daily's have been balanced. But if it goes up first and completes the balancing of the weekly, I wouldn't be surprised to see price not hi my original stop loss and turn around and filll the 4 hour gap. So just to be clear here is what I think the scaenarios are on chart 1. Now until $.4400 is an entry with a S/L of $0.42 Staying above highs. but falling again once it covers the weekly FVG near 5585 or 2. Entry at or below $0.4250 to $0.40550 To up above 0.5585 In which case the original idea has hit it's Take profit and now we're just going the opposite way So while I believe it is going to long, right now, it's whether it's going to go long short term and fall back to cover the 4 hour? Or cover the 4 hour FVG first and then go long? Considering most prices still follow bitcoin and I think Bitcoin still has time to get to it's ultimate low of $15,6 I think it's going to cover the second option first, clear out my first take profit and then head to my second. Giving it a 3.25 R:R. However, if you think right now is the time to go long, then you have a 2.75 R:R ... This is why I currently have a small amount in low 3x leverage going long, because if the second comes true, I can get 4 times the amount if I enter correctlty with 12 x leverage. Because I believe either are going to win. And I might Just not enter a second time until .41 and just ad double my current entry and have 15x leverage rather than losing any at all. Quite a bit to think about but any of these scenarios I believe are winners, It's just paying attention to Bitcoin now.
Long
by BodiesXWix
Discount/ premium pricing - SMC📉 We use the Fibonacci retracements for spotting discount and premium levels in a range. 📝 We draw the Fibonacci tool from the bottom to the top in an uptrend, and from the top to the bottom in a downtrend. Terminologies: EQL: equilibrium = a state of physical balance (50%). Discount: we buy from Premium: we sell from To make it more approachable, we can compare using the fib tool as a scanner when you go to the supermarket. You won't buy the product when it's expensive, but only buy when it's cheap. Beside that - if we want to sell a product to a supermarket, we want to get the highest price as possible. Combining it with order blocks You can basically increase the probability of order blocks with the fib tool. Order blocks that are not in discount you won't buy from, and order blocks that are not in premium you won't sell from.
OANDA:XAUUSDEducation
by vuetratrading
5
Example TLL/ discount entry - Smart Money Concepts*This Content is for Education Purpose only* In this example, we will show an example on how to combine discount pricing, TLL and demand zones to find high probability entries. First, we will locate the range we are currently trading in. Our target will be the next high that we expect to be taken out. In this case will it be the Swing High. The protected low we expect to hold, since the name already says it - it is protected by the Market Makers. When we see Trend Line Liquidity (TLL) forming before our POI, we can ensure that the Market Maker is building up Liquidity to fuel up their position. This will increase the probability of your POI/ demand zone. Confluences: Trend: Bullish (pro trend) Liquidity forming before POI (TLL) Premium/ discount pricing: Discount
OANDA:XAUUSDEducation
by vuetratrading
1
A good discount price for Zoom Video Communications, Inc ZM!Zoom Video Communications INC with stock symbol ZM is at a major price level of $375.17 as of market close on December 24, 2020. Some thoughts on portfolio management and risk management for new traders and new buyers looking into trading this stock or hold the stock as a long-term investment. This is a good discount price for this stock; however, new buyers should be very careful because this correction may continue further. Buyers should watch for a true bottom before entering this stock. If the price enters the price level from $324.65 to $350.46, the stock may bottom in that price range or the stock may drop quicker and harder to a price level around $275. Remember the old saying, "Don't put all your eggs in one basket." Thank you for reading! Remember to click "Like" and "Follow!" Greenfield Disclosure: Chart interpreted by Greenfield. Just a market opinion by Greenfield Analysis LLC for educational purposes. This is not a recommendation. Greenfield Analysis LLC has no investment in any of the securities mentioned in the article, and no plan to initiate a trade in any of the securities mentioned. Greenfield does not receive any compensation for this writing. Investment involves substantial risk. You should consider carefully before making an investment. Investment at your own risk.
NASDAQ:ZM
by GreenfieldAnalysis
1