EURUSD LONG 8/23/22 TUESDAYEURUSD LONG 8/23/22 TUESDAY
DOA
-KILLZONE TIME: 5:15pm
-SESSION: Asian
-TIME OF EXECUTION: 1:00am
-DATE: 8/23/22
-DAY OF WEEK: Tuesday Night
Entry
-POI: CPE
-RR: 1:2.74
-POSITION: Buy Limit
-SL: 38.9
-TP: 106.7
Moral
-Market had Bullish Expansion previous day and left FVG
-Bullish Doji on Daily Chart signaling reversal
-Discount Market
-15Min FVG
Results
-Goal reached!!
-Took forever was in drawdown for a long time
-Seen 1k and snatched
-Took partials and placed SL in Profit
Lesson
-Good Patience tester
-Great job at managing the trade
-Keep it the good work
Fvg
NQU2022 Daily TF Analysis. FVG + Order Block EntryOk guys, My name is Ryan, also known as Peezy_FX & this is my first Published Trade idea so I pray it plays out lol
I am anticipating for the market to initially trade down, against my bias, taking out previous day's low & Thursday's Low, which would be our purge of Sellside Liquidity, creating the low of the week sometime before
Tuesday's New York Open & by doing so generating Buyside Liquidity, i.e. Relative equal highs involving Thursday & Friday's high's. A specific price of interest to me is the 13250.00 - 13206.25
If that occurs, I will then drop down to a 15m timeframe as well as the 5m timeframe & wait on a clear Shift in Market Structure ( SMS ) to form at or around New York Open 8:00 AM (Est) to The Opening Bell at 9:30 AM (Est)
Once I identify the SMS , I will be looking for a retracement down into a lower timeframe FVG and/or an Order Block, Targeting previous day's high (close partial profits) & the liquidity pool resting at 13620.00 (take profit)
EURUSD ShortI'm looking at a short opportunity if at least a 20 pip retracement occurs to the 5 minute Fair Value Gap for 9AM. If not by then, I will look for a POI at a higher price and wait for confirmation back to the bearish run on the previous day low. I have 2 to 3 targets in mind depending on how the retracement forms, 1st being the previous swing low and second being the previous day low for a 1:3 RR.
xau/usd sell tradeWith plenty of liquidity to downside and huge 4H FVG down below i will be looking for short position on gold... with price peaking at 1795 phycological level price has since been struggle to get back above... DXY has a buy maker model up into the 1H FVG , that in mind sells against the US dollar seems logical.
gold has taken previous daily high so i will be looking for shorts within this region of 1790 but we could see a manipulation of the asia high between now and London open before finding a possible sell entry and targeting 1750 region where the equal lows are, then possibly 1730 region.
happy trading
| ONZO CAPITAL |
Formation of clean bullish Wolfe Waves on BitcoinBullish Wolfe Waves appear on Bitcoin's 1 hour chart. This could be an indicator for short term reversal. Point 5 having a relative increase in trading volume makes me more confident in this setup.
I would be using the 1-hour Fair Value Gaps / Imbalances as areas to take some profits with my last target being the local high marked with a green line. Golden pocket doesn't look that significant as it was visited with a reaction prior but we might see another retracement there or from an area close below it if we decided to dive a bit deeper with point 5.
Bear in mind that FOMC is really close (pun intended!) and an interest hike might mess things up for those longing.
Trade safe.