Fvg
EURUSD Buy TradeTime Frame:
- H4: FVG Identification
- H1 Entry Signal
1. Trend Confirmation:
Identified a Break of Structure by the break of the previous resistance at 1.0807 area, indicating a reversal in market sentiment.
2. Fair Value Gap (FVG):
On the H4 chart noted a Fair Value Gap (FVG) between 1.0806 - 1.0810.
3. Position:
Entry : 1.0825
Stop Loss : 1.0811
Take Profit: 1.0849
RRR : 1:1,9x
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Disclaimer
The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
EURUSD Potential Buy?Time Frame:
- H4: FVG Identification
- H1 Entry Signal
1. Trend Confirmation:
Identified a Break of Structure by the break of the previous resistance at 1.0807 area, indicating a reversal in market sentiment.
2. Fair Value Gap (FVG):
On the H4 chart noted a Fair Value Gap (FVG) between 1.0806 - 1.0810.
3. Waiting for entry signal after price touches FVG.
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Disclaimer
The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
TOBA Potential Buy1. Trend Confirmation:
Identified a Change of Character by the break of the previous high at 312 & 500, indicating a reversal in market sentiment and a new bullish trend.
2. Fair Value Gap (FVG):
On the Weekly chart & Daily Chart, identified Fair Value Gap between 470 - 496.
3. Trade Execution
Entry Price: TBA if price entered FVG
SL: 460-474 (below Daily & Weekly FVG)
TP1: 1050-1070 (Fibo 161.8%)
Risk-Reward Ratio (RRR): 1:8
Monitoring: Check-in daily closing price
4. Outcome:
Exit Price:
Profit/Loss: pips
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Disclaimer
The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Trading GBPUSD | Judas Swing Strategy 22/10/2024Last week was active for the Judas Swing strategy, with two positions on FX:GBPUSD resulting in wins (+4%), three positions on FX:EURUSD yielding one win and two losses (breaking even), three positions on FX:AUDUSD with one win and two losses (breaking even), and one position on OANDA:NZDUSD securing a win (+2%). Overall, this led to a 6% increase by the week's end. Encouraged by these results, we began the week with enthusiasm to discover what lay ahead. In keeping with our routine, we reached our trading desks at 08:25 EST and set up our trading zones.
Once we have demarcated our zones, we should wait for the high or low of this zone to be swept, as this will assist us in determining our bias for the trading session. Twenty minutes later, the trading zone's low was swept, indicating that we should concentrate on looking for buying opportunities during this trading session.
Although we may have a bias for the trading session, we do not enter buy trades indiscriminately. Instead, we wait for a break of structure towards the buy side. During this break of structure, the price movement should leave behind a Fair Value Gap (FVG), which will assist us in getting an entry point for the trade. Shortly after, we observed a Break of Structure (BOS) on the buy side, which resulted in a Fair Value Gap (FVG) being left behind.
To fulfill all the entry criteria on our checklist, we must wait for price to retrace into the Fair Value Gap (FVG) that has formed, and we can only execute the trade once the candlestick has closed. The next five-minute candle has entered the Fair Value Gap (FVG), indicating that upon its closure, we may proceed with executing the trade.
It's crucial to understand that by risking only 1% of our trading account for a potential 2% return, we minimize emotional attachment to the trades since we're only risking what we can afford to lose, and we stand to gain more than we risk. After executing the trade, our position immediately showed a profit. However, it's crucial to stay composed and manage our expectations, as we do not control the markets and the situation could swiftly change.
After a few hours, we revisited the position and noticed it was still fluctuating around the same price point where we had previously left it. According to our data, we can anticipate being in a position for an average of 11 hours, so the duration of this trade meeting our objective is not a concern; we simply need to remain patient for it to occur.
Upon reviewing the position once more, we noticed it continued to consolidate in the same area. However, according to our rules, we must wait for the position to either reach the Take Profit (TP) or Stop Loss (SL) point.
Unfortunately, our patience did not yield the desired results this time, as the stop loss was triggered and we incurred a 1% loss of our trading account on this trade. However, this loss did not impact us significantly since we had already accepted the amount we were risking on the trade.
ASII Buy Trade Setup1. Trend Confirmation:
Identified a Change of Character by the break of the previous high at 4830, also the break of previous downtrend, indicating a reversal in market sentiment and a new bullish trend.
2. Fair Value Gap (FVG):
On the Weekly chart, identified Fair Value Gap between 4790 - 4940.
3. Trade Execution
Entry Price: 5100 ( Long Bullish Bar on 21 Oct 24)
SL: 4770 (FVG)
TP1: 5900
Risk-Reward Ratio (RRR): 1:2.4
Monitoring: Check-in daily closing price
4. Outcome:
Exit Price:
Profit/Loss: pips
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Disclaimer
The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
XAGUSD Potential BuyTime Frame:
- Daily: (FVG Identification)
- H4 Entry Signal
1. Trend Confirmation:
Identified a Break of Structure by the break of the previous resistance at 32.50 - 32.75 area, indicating a continuation in market sentiment.
2. Fair Value Gap (FVG):
On the daily chart noted a Fair Value Gap (FVG) between 32.00 - 33.45.
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Disclaimer
The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
NDX100 Long HIGH RISKScalping/Day Trading Setup – High Risk
GBEBROKERS:USTEC
Key Zones: FVA + FVG + Overlapping Defense + OTE 0.705
Trade Management: Planning to take partial profits ahead of the New York session shift to mitigate potential volatility. Once the first target is hit, I'll adjust the stop loss to break-even (BE) to secure the trade.
CHAINLINK SWING TRADINGSwing trading
BINANCE:LINKUSDT
Seeing that the structure has been respected, I decide to open a position now. These are my arguments:
Bullish arugments:
Monthly PCL being disrespected
Weekly PCL being disrespected
Daily swing low being disrespected
4H swing low being disrespected
So far I see no bearish arguments.
Trade management:
SL at $9.94 which that would indicate strong rejection and would power a search for liquidity at the lower end of the range. However, there does not seem to be so much weakness to look for a lower low than the September low.
TP, partials could be obtained. A partial TP would be on liquidity on the buy side at $13.90 and let profits run to ITH with SL on BE once the 1TP profit is taken.
EURUSD Scalping-day trading HIGH RISKSetup: OTE + FVA + FVG
FX:EURUSD
I'm using a tight stop-loss here because if it gets hit, I'm prepared to re-enter at a lower level. This approach allows me to better capture high-probability zones while keeping risk minimal at this stage.
📈 RR: 12.15 — A great risk/reward ratio that helps me optimize each trade and manage capital efficiently.
Always ready to adapt to market conditions and stick to the plan 👊. If this trade doesn't go as expected, I've already got the next step in mind.
Trading GBPUSD | Judas Swing Strategy 15/10/2024Last week proved challenging for the Judas Swing strategy, with three consecutive losses and no wins, which heightened our anticipation for this week. Will we be able to break this losing streak? We'll soon find out. We typically arrive at our trading desks five minutes before the session starts to delineate our zones and settle into the trading rhythm.
After delineating our zones, the next step is to wait for a sweep of a high or low of the trading zone, which will assist us in establishing our bias for the trading session. Forty-five minutes later, price swept the liquidity at the high, indicating that we should look for selling opportunities during this trading session.
A few minutes after the high was swept, we observed a Break of Structure (BOS) on the sell side, which was encouraging as we avoid entering trades without analysis, even with a sell bias established for the session. Upon identifying the BOS, the next step is to find a Fair Value Gap (FVG) within the price leg that broke structure.
The final step in the entry checklist is to wait for price to pull back into the Fair Value Gap (FVG) and to execute the trade only after the candle that enters the FVG has closed. Shortly after, a candle entered the FVG, indicating that we could execute our trade following the close of the candle.
It's crucial to understand that by risking only 1% of our trading account for a potential 2% return, we minimize emotional attachment to the trades since we're only risking what we can afford to lose, and we stand to gain more than we risk. After executing the trade, we experienced a significant drawdown, which is a critical point for those who risk more than they can afford to lose.
After a patient wait, the trade has turned around and begun to move in our favor, which is thrilling. However, we must still keep our composure as the objective has not yet been achieved
According to our data, we can anticipate being in a position for an average of 11 hours, so the duration of this trade meeting our objective is not a concern; we simply need to remain patient for it to occur. After 15 hours and 20 minutes, our patience was rewarded when our take profit (TP) target was reached, resulting in a 2% gain on a trade where we risked 1%.
Ethereum, patience is the key for longsEthereum is a different story.
It's more challenging to catch, but the bullish arguments are also strong on higher timeframes. However, if you're aiming for a solid long position, patience is key. Set alerts at crucial levels like the weekly bullish FVG and the two daily bullish FVGs. The price is currently moving to provide a fair value for supply.
For now, this is the main idea I have in mind.
BINANCE:ETHUSDT
USDCAD Sell SetupTime Frame:
- Daily: (FVG Identification)
1. Trend Confirmation:
Identified a Change of Character (CoC) by the break of the previous support at 1.360, indicating a reversal in market sentiment and a new bearish trend.
2. Fair Value Gap (FVG):
On the daily chart noted a Fair Value Gap (FVG) between 1.3810 and 1.3790. The price was rejected in the area, which marked as a potential reversal zone.
3. Trade Execution
Entry Price: 1.3750
SL: 1.3810 (above Daily FVG)
TP1: 1.3435 (previous low)
TP2: 1.3120 (1.618 Fibonacci)
Risk-Reward Ratio (RRR): 1:10
5. Outcome:
Exit Price:
Profit/Loss: pips
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Disclaimer
The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Large Daily FVG between ~12-13.6Good chance this will get filled considering how large it is, and considering that most daily fair value gaps on Ford have been filled in recent history.
A long play into $12.5-13 seems reasonable here.
Not trading this one myself, just noticing it and saving the idea to see how it plays out, I primarily trade spot, not options.
Example of prior gaps getting filled on the daily below:
WTI USOUSD Short day tradingBearish Arguments
VANTAGE:USOUSD
Previous Month Low (PML) is holding strong.
Previous Week Low (PWL) remains unbroken.
Previous Day Low (PDL) is respected.
Daily Bearish Fair Value Gap (FVG) is acting as resistance.
Monthly Bearish FVG is also being respected.
4H Bearish FVG is holding.
4H Swing High is capping price action.
4H Swing Low is holding as a short-term support, but may break down soon.
Trade Management
Risk-Reward Ratio (RR): 2
Stop-Loss (SL): Placed near the 4H FVG to protect against upward moves.
Take-Profit (TP): Targeting the swing low (SSL). Although price could extend lower, securing profits in this zone ensures gains in case of a rebound.
Risk: 3%
EURUSD Sell SetupTime Frame:
- Daily: (FVG Identification)
- 4-hour: (FVG Identifiication)
1. Trend Confirmation:
Identified a Change of Character (CoC) by the break of the previous support at 1.1000, indicating a reversal in market sentiment and a new bearish trend.
2. Fair Value Gap (FVG):
On both the daily chart and H4, I’ve noted a confluent Fair Value Gap (FVG) between 1.1087 and 1.1097. This gap could serve as a potential reversal zone if the price retraces to this area.
3. Entry Signal
Waiting for any reversal candle pattern on the 4-hour chart, if the price touches the identified FVG zone.
4. Trade Execution
Entry Price: Wait for confirmation
SL: 1.1115 (below above Daily FVG)
TP1: 1.0950 (previous low)
TP2: 1.0795 (1.618 Fibonacci)
Risk-Reward Ratio (RRR): 1:11
Monitoring: Check-in daily at 8 AM & 8 PM
5. Outcome:
Exit Price:
Profit/Loss: pips
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Disclaimer
The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
OIL Buy SetupOIL Buy
Time Frame:
- Daily: (FVG Identification)
- 4-hour: (FVG Identifiication)
- 1-Hour: Waiting for Confirmation
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1. Trend Confirmation:
Identified a Change of Character (CoC) in OIL by the break of the previous high at 72.40, indicating a reversal in market sentiment and a new bullish trend.
2. Fair Value Gap (FVG):
On the daily chart & H4, noted Fair Value Gap between 72.50-73.15. This gap is a potential reversal zone if the price rebounds.
3. Entry Signal
Waiting for any reversal candle pattern on the 1-hour chart, if price touches the identified FVG zone.
4. Trade Execution
Entry Price: Wait for confirmation
SL: 72.10 (below H4 FVG)
TP1: 77.50 (previous high)
TP2: 79.00 (1.618 Fibonacci)
Risk-Reward Ratio (RRR): 1:5
Monitoring: Check-in daily at 8 AM & 8 PM
5. Outcome:
Exit Price:
Profit/Loss: pips
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Disclaimer
The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
OIL Buy SetupTrade Setup
OIL Buy
Time Frame:
- Daily: (FVG Identification)
- 4-hour: (FVG Identifiication)
-1-Hour: Waiting for Confirmation
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1. Trend Confirmation:
Identified a Change of Character (CoC) in OIL by the break of the previous high at 72.40, indicating a reversal in market sentiment and a new bullish trend.
2. Fair Value Gap (FVG):
On the daily chart & H4, noted Fair Value Gap between 72.50-73.15. This gap is a potential reversal zone if the price rebounds.
3. Entry Signal
Waiting for any reversal candle pattern on the 1-hour chart, if price touches the identified FVG zone.
4. Trade Execution
Entry Price: Wait for confirmation
SL: 72.20 (below H4 FVG)
TP1: 77.50 (previous high)
TP2: 79.00 (1.618 Fibonacci)
Risk-Reward Ratio (RRR): 1:5.3 - 1:7.5
Monitoring: Check-in daily at 8 AM & 8 PM
5. Outcome:
Exit Price:
Profit/Loss: pips
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Disclaimer
The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
XRP Wait for the HUGE opportunity🔻 Tough week for $XRP. The price has been a rollercoaster 🎢, leaving investors exhausted.
💡 Opportunity: The next time the market picks up momentum, we could see a major breakout. I'm looking to go long in the marked zone.
⚠️ Advice: Don't rush in expecting a bounce. Save liquidity and stay patient until the right opportunity comes. Patience pays 💰.
BINANCE:XRPUSDT
Trading EURUSD | Judas Swing Strategy 01/10/2024The Judas Swing strategy is straightforward and can be incorporated into any trader's toolkit. It is a well-tested approach that has shown effectiveness when its guidelines are adhered to. The strategy offers a favorable risk-reward ratio, risking 1% to potentially achieve a 2% return. In this post we intend to walk you through a recent trade we took on EURUSD using this strategy.
We arrived at our trading desk at 08:25 EST, where we began by demarcating the zones for the trading period. This involves drawing vertical lines on the 00:00 and 08:30 EST candles. Following this, we mark the highs and lows within these zones, as they will serve as the liquidity pools for our trading session.
The subsequent step on the checklist is to observe whether the high or the low of this trading zone is breached, as it will guide our bias for the trading session. Five minutes later, the low of the zone was breached, indicating that we should be on the lookout for potential buying opportunities during this session.
Even with a bias for the session, we don't execute the trade blindly. The next step on our checklist is to wait for a break of structure to the buy side. This break of structure must leave a Fair Value Gap (FVG) behind.
Once the structure is broken and the fair value gap (FVG) conditions are met, the next step is to wait for the price to retrace back into the FVG. A trade should only be entered after the candle that moves into the FVG has closed. After 10 minutes, price retraced and closed within the Fair Value Gap, fulfilling all the conditions on our entry checklist, allowing us to execute our trade.
For stop placement, we use the lowest point of the price leg that broke the structure, provided it satisfies specific conditions. The minimum stop loss applied is 10 pips because a tight stop loss is not desirable, as it doesn't allow the trade sufficient room. In this instance, using the low would have resulted in a 4 pips stop; therefore, we extended it to a 10 pips stop loss with a 20 pips take profit and executed the trade.
It's important to note that we risked only 1% of our trading account, an amount we're comfortable with losing, thereby eliminating any emotional attachment to this trade. Consequently, we are at peace with the outcome of this trade, be it a win or a loss.
The result of this trade was a loss, which we accepted because we understand that the win rate for this strategy on EURUSD is around 50%, indicating that losses are inevitable with this strategy. However, as our winning trades typically outweigh our losses over time, this strategy should yield positive returns, making it unnecessary to focus on a single loss. Moreover, this post serves as a tutorial on how to trade using the Judas swing strategy and emphasizes that incurring losses is a normal aspect of trading.