Ict
Possible bullish move for DXYBased on ICT’s 2022 mentorship. We see a liquidity sweep and a break of structure that left behind imbalance (fair value gap) which also aligns with an orderblock in both the 30m and 1h timeframe.
Expecting price to fall to 103.119 to buy up to a micro swing high (103.371)
WTI CRUDE OIL & BRENT OIL Weekly Outlook: Wait For SELL Setup!This weekly forecast is for Oct 21 - 25th.
US & UK Oil have been up and down throughout this Mid East crises. WIth a strong bearish candle and close last week, the indications are that the market has taken a bearish turn.
I will be watching the market closely for a pullback to the newly formed Daily -FVG for a high
probability short setup.
Take caution, day traders. As there will be buys to take as price retraces up, but I would urge you to remain patient and wait for the HP sells.
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
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Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
SILVER | XAGUSD Weekly Outlook Oct 21st: Wait For BUYS!This weekly forecast is for Oct 21 - 25th.
After closing last week with a strong bullish candle, the week ahead maintains a bullish bias.
Be mindful of a short term pullback this week, as price tends to retrace after breaking swing highs. Just remain patient and wait for valid buy setups in this case.
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
GOLD | XAUUSD Weekly Outlook Oct 21st: Keep BUYING!This weekly forecast is for Oct. 21 - 25th.
Gold is still bullish, and BUYS are still the best bet. The formation of a +FVG will support higher prices, and we may get that on Monday's close.
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
S&P500, NASDAQ, & DOW JONES Weekly Outlook Oct 21The 3 Indices are in position to move higher. I am looking for buys setups, as my bias is bullish. My first targets are the PWHs, and potentially ATHs.
I've included some notes on how I project bullish targets above ATH's. Tell me what you think of it in the comments section.
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
BTCUSD: Strong Bearish Bias! Sell!
Welcome to our daily BTCUSD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 68,345.60
Wish you good luck in trading to you all!
ETHUSD: Market Is Looking Up! Buy!
Welcome to our daily ETHUSD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 2,718.1
Wish you good luck in trading to you all!
XAU, what to do with this cool guyOkay, last time due to my goofy mistakes, XAU pulled off a sane move to my capital.
What now? I still expect it to go down to see if there'll be any buy opportunity or it suggest to go down further to take more liquidity.
With all the political issues, I won't suggest anyone to sell gold long term. but rather buy it and hold, for it is like a vault for our money to hide.
My view is neutral, if you see buying, you can buy.
Hope I can help.
ETHUSD: Move Down Expected! Sell!
Welcome to our daily ETHUSD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 2,630.0
Wish you good luck in trading to you all!
USOIL: Strong Bearish Bias! Sell!
Welcome to our daily USOIL prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 68.870
Wish you good luck in trading to you all!
EURUSD: Market Is Looking Down! Sell!
Welcome to our daily EURUSD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 1.08455
Wish you good luck in trading to you all!
GOLD: Move Down Expected! Sell!
Welcome to our daily GOLD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 2,698.780$
Wish you good luck in trading to you all!
DXY: Local Correction Ahead! Buy!
Welcome to our daily DXY prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 103.703$
Wish you good luck in trading to you all!
SILVER: Strong Bullish Bias! Buy!
Welcome to our daily SILVER prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 32.50309$
Wish you good luck in trading to you all!
USD/JPY Towards 160 if the Fed doesn’t cut!USD/JPY is currently trading near the 150.00 level, under pressure due to verbal intervention from Japanese authorities and a pullback in the US Dollar. The pair is navigating a cautious environment, as mild risk aversion strengthens the safe-haven Japanese Yen. However, despite this pressure, the pair maintains its broader upward trend after breaking a key resistance level. Fundamentally, USD/JPY continues to find support from strong US retail sales data and a resilient labor market, along with rising US Treasury yields. This has led investors to reduce the likelihood of a 25-basis-point rate cut by the Federal Reserve at the November meeting, keeping the dollar supported and the pair on a bullish trajectory.
Gold Nears $2,700 on Election UncertaintyThe price of gold continues its bullish run, nearing $2,700 per ounce due to uncertainty surrounding the U.S. elections, despite the strength of the dollar and rising Treasury yields. Political uncertainty is increasing demand for the precious metal, considered a safe haven, as polls show a tight race. Additionally, the recent decision by the ECB to cut interest rates temporarily strengthened the dollar, but this has not prevented gold from maintaining its positive momentum. Better-than-expected economic data in the U.S., such as increased retail sales and the Philadelphia Manufacturing Index, also supported the dollar, but these factors were not enough to reverse gold’s trend. From a technical standpoint, moving averages, particularly the 20-day SMA around $2,649.50, continue to provide support to the bullish trend, while the 100-day and 200-day SMAs remain far below, confirming persistent buyer interest. Technical indicators suggest further upside, though minor short-term corrections may occur, potentially offering new buying opportunities.
Gold OutlookFor tomorrow gold we have a different prespective over gold as lastly we had a rally upwards with good profit margins to bullish trend now as we have seen a New ATH and now we are expecting a Bearish move from New ATH (all time high) to Previous ATH, here one thing i want to mention is we are still bullish over gold from Monthly to weekly to daily to H4 to H1 and we expect a bull run in next week
GOLD: Market Is Looking Up! Buy!
Welcome to our daily GOLD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 2,700.385$
Wish you good luck in trading to you all!
SILVER: Move Down Expected! Sell!
Welcome to our daily SILVER prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 31.51115$
Wish you good luck in trading to you all!
DXY: Local Correction Ahead! Sell!
Welcome to our daily DXY prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 103.572
Wish you good luck in trading to you all!
EURUSD: Strong Bullish Bias! Buy!
Welcome to our daily EURUSD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 1.08508
Wish you good luck in trading to you all!
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%.