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Forensicforex

AUD/USD November IPDA Data Range Hello Traders! Here I see that AU is looking to take out buy side liquidity. I would like to see the 20 day high broken than a potential fade by the commercials. Get retail to switch to a bullish stance then they increase their shorts and take profit from their longs. We have a interest rate differential. America has the higher rate so they the yields are higher for DXY. The central bank traders invest more in higher yield assets. However I could be wrong but that's okay because it all speculation.
Short
by ForensicForex
1
S&P 500 September IPDA Castforward Hello Traders! As you can see from the September look back data range price is acting sell side liquidity. To me this is a bear market. Smart Money is increasing net shorts and decreasing net longs. Currently I can see a range that produced an O.T.E Sell. The black lines are fib extensions and possible areas of the market reaching for. Price broke the swing high but i do not see a higher low or higher swing low forming. You can see the range measured price quickly left a premium.
SP:SPXShort
by ForensicForex
1
Essential Day Trading Hello Traders! Here I have highlighted specific times of day during the market. These times of the markert are key to understanding how this markets flows. Each session is unique and normally have a characteristic it follows. This a full trading day. 8pm - 3pm. Asian to Bond Market Close is a full forex trading day for the commercials and central banks globally. For new traders I normally recommend finding a session and studying it for 3-6 months. You will increase how fast to get familiar with the movements of each session and how they work hand and hand.
OANDA:XAUUSD
by ForensicForex
USOIL Forensic ThoughtsHello Traders! Here I see a swing high has recently been broken. This to me is perceived as bullish "momentum". I would expect to see price rally and break highs. The next phase the market normally gives is a higher swing low if the trend is going higher. Commercials are going to be buying in down closed days fooling retail traders to sell. Eventually the net longs will increase enough to prevent price creating a lower swing low. Price will make a higher swing low launching price upward to keep trending bullish. The next key moment to pay attention to is a higher swing low. Odd are that the swing low will form in a pd array. PD Arrays: Fair value gap or order block. Price currently has been sitting on a monthly bullish order block. Time is just lining up and waiting in my opinion.
TVC:USOILLong
by ForensicForex
2
AUD/JPY October IPDA Data rangeHellp Traders! Some observations: Price is in a discounted market. Commercials are more likely to buy in this area. We have a engulfing daily candle making a bullish order block. Run below the 40 day low to grab sell stops. Australian dollar seasonally is bullish for October. Yen dollar seasonally is bullish overall but choppy for October. COT data shows Commercials are net long on Aussie dollar as of 9/27/22 COT data shows Commercials are net long on Yen dollar as of 9/27/22
Long
by ForensicForex
2