DXY August Hello Traders!
Here is a IPDA chart for DXY.
I have simply noted off the highs & lows for each look back period.
These Highs and Lows will be the main focus for the algorithm moving into August.
Welcome to August :D
Forensicforex
Thanks for the Support <3Hello Traders!
Notice the shift in price trend 20 days casted forward after June 29th. Not Random.
This video speaks on high probability scalps, trend basis and many more topics.
USD/JPY Asian Session Scalp ExampleHello Traders!
US Feds raised rates and it caused many XXX/USD pairs to rally to the upside.
DXY however, dropped when the rate increase happened.
Now since the start of the Asian Session we can see price broke a short term low.
Let's Study what occurs here.
EUR/USD Asian Session Scalp ExampleHello Traders!
US Feds raised rates and it caused many XXX/USD pairs to rally to the upside.
Now since the start of the Asian Session we can see price broke a short term high.
Let's Study what occurs here.
DXY Asian Session Scalp ExampleHello Traders!
US Feds raised rates which caused DXY to drop.
Many XXX/USD pairs made a move higher.
Here Since the Asian session price has taken a short term low.
Let's Study what happens here.
GBP/USD Asian Session Scalp ExampleHello Traders!
US Feds raised rates and it caused many XXX/USD pairs to rally to the upside.
Now since the start of the Asian Session we can see price broke a short term high.
Let's Study what occurs here.
EUR/USDHello Traders!
Here we have a potential Bullish Order Block on the daily chart.
Do we also see other xxx/usd and usd/xxx pairs breaking previous highs or lows?
If we see EU breaking a high then pairs like DXY, USD/CHF, USD/JPY, USD/CAD should be breaking lows.
So far EU has broke the pervious daily high and not the low.
Are we in for a short term trend shift? or long term shift?
USD/CHF Monthly Swing Trade Update 1Hello Traders!
Here we had the opportunity to buy in strength and weakness.
Buying below a down closed candle in a up trend is a great opportunity to go long.
Notice how price is trending bullish and gave two down closed candles.
Both candles were opportunities to load up long.
Price tends to work in swings. They form higher ones or lower ones. It will target swing highs and lows always.
DXY Monthly ChartHello Traders!
As we can see price recently printed a down closed candle an we got a dynamic move away from it.
Price has also broken a swing high, which signifies to me we are bullish.
I do not think smart money wants to short the dollar yet.
Nor do i think a decline to the DXY is going to occur any time soon.
Within other countries I can see people investing into US Fiat Currency rather their own currency right now.
The dollar has progressed over many other fiat currencies while central banks are looking to stabilize prices and inflation within their respective countries.
USDCHF Monthly Swing TradeHello Traders!
Here a swing high has been broken and I can see a new swing low is forming within the inefficiency price action BISI or FVG.
Do understand price going below the pervious down close candle is a new opportunity for smart money to go long.
This could also be an opportunity for retail traders to go short.
If the DXY is bullish I will remain bullish on USD/CHF
USOIL Monthly Swing TradeHello Traders!
Welcome to a new trading month.
We have been presented with a down closed candle within a uptrend on the Higher Time Frame.
If this trend must keep going smart money needs increase sentiment to the downside.
Retail traders will need to be lured into the wrong side.
While smart money builds their positions in their favor.
Study: When the higher time frame like daily weekly or monthly was trending what happens when an opposing candle formed?
Aiming for the Swing High which rounded is $130 a barrel.
The point of getting out is at the most recent Swing Low which is $90 a barrel.
Go long or short if you dare.
You can even watch from the sidelines
Safe Trading
USOIL High Probability Setup Hello Traders!
Here USOIL is setting up a high probability scalp setup on the monthly.
USOIL Monthly ChartHello traders!
Here we have been in a trending market long.
This currently monthly candle is going to close bearish or as a down closed candle.
I look at this as an opportunity to go long again.
Look at every time a down closed candle was formed and look at what typically happens the next monthly candle.
You get a dynamic move away from the down close candle.
However, if you study price action closely, price oftens trades below the close of the down closed candle where smart money is faking people in short to go long.
Wealth is in long term trading not short term.
Safe Trading.
XAU/USD Advance ChartHello Traders!
Here is a great example of AMD.
AMD stands for Accumulation, Manipulation and DIstribution.
Asian Session is know to hold price within a consolidation.
Smart money is building up sentiment psychologically on retail traders.
Retail traders are waiting for the break out of the holding pattern.
However, this is where smart money manipulates the price action.
During London Open the market is going to form the low of the day because the daily draw was bullish.
Price is now killing those retail traders who sold as smart money pumps price towards the buy side liquidity above the Asian High.
European Open is used just as Midnight Opening Price. If we are bullish we are looking for an entry long below that opening price. Anything below European Open is a consider discounted prices for the algorithm. Anything above that line is considered premium prices for the algorithm.
During the New York Session we see price accelerate and create an optum trade entry long.
You are waiting for the retracement to occur after 8:30 GME Open.
Anything from 10-20 pips sweep under a short term low is a good entry long(vice versa when bearish).
Here I displayed the Asian Range Standard Deviations as projections for the protractionary state (fake move) of the daily candle and the range it could expand are reach for as well.
Here price made its fake move -1 SD and made its daily expansion +4 SD.
The London Close Session 10:00 am - 12:00 pm NY EST is normally where the high of the day is going to form when bullish(vice versa when bearish) and give a potential counter daily trend setup.
After 12:00 pm NY EST Intraday trading should come to a stop still the start of Asian Open or London Open. Price tends to be held in small range cycle between 12:00 pm - 8:00 pm NY EST.
Smart money has took profit by 12:00 pm - 3:00 pm.
3:00 pm is when the bond markets closed which have a direct correlation to foreign currencies.
USD/JPY ThoughtsHello Traders!
Japanese Yen is weak.
DXY is stronger than Yen.
However, I believe Yen will possibly rebound sooner or later.
UJ has been on a nice bullish run for some weeks now.
I want to see a swing high form then we can think about shorting the market.
DXY Weekly DrawHello Traders!
As you can see we have hit our first HTF PD Array the BISI.
Buy side Imbalance, Sell side inefficiency.
The market was moving with speed and volume to the up side and not able to cover the sell side while going up leaving gaps in the market place.
We could see price respect this level for a bit until it gives more signs of weakness in market structure to the down side.
UJ Asian Result Hello Traders!
As you can see smart money sold above the high as anticipated.
Hope this example adds to your exposure to the market.
Stop buying forex courses they are scamming you with misinformation.
UJ Selling Opportunity Hello Traders!
Here we can see the late New York Buy Stops taken.
Since i'm Short on UJ I would like to scalp to the downside on the break of highs.
UJ Monlthy ChartHello traders!
As you can UJ has been on a long bullish trend.
The counter parts to off load those long are above highs.
We have triggered buy stops above the high from those who were shorting.
If we create a swing high pattern, and the 3rd candle's low is broken then we could expect UJ to fall dynamically.
Weekly Bias DXYHello Traders!
As you can see price has started shifting to the downside.
I've been cautious of smart money wanting to sell above this old high for a few weeks now.
Looks like we are slowly turning the corner of a nice drop in the dollar or has the drop started already?
As we see DXY fall we must see pairs like USD/CAD, USD,JPY, USD,CHF as the Feds buy more Bonds.
Check tagged post below.
UJ Results Intraday Hello Traders!
Here I took a short on a 5m fvg.
Tradingview doesn't allow you to publish charts that low on the timeframe publicly (which is so ridiculous)
However we can see how those late new york sells stops that have not been taken are being the draw on the algo liquidity.
Not random.
Check pervious post on UJ Intraday results
Quality education.
UJ Results Intraday Hello Traders!
As you can see the smart money ran the buy stops above the high first during the Asian open.
Once those buy stops are triggered smart money will not run the sell stops below the lows.
Friday gave a higher close to the weekly range as usual in a bearish week.
Friday also was a tight range of pips and was not highly dynamic in speed.
USD/CAD High Probability Scalp Opportunity Hello Traders!
USD/CAD has shifted to the sell side.
I would like to see each pervious daily candles lows broken moving forward.
