Institutional Demand: CHF/JPY longsHey,
The main pair on watch for me for the upcoming 48 hours is CHF/JPY.
Price is within daily demand and soon reaching weekly value as well.
I've adjusted the daily zone according to the HTF's.
When this zone is reached, I'll wait for entry confirmation on the LTF's.
Same plan as always.
Make sure to watch my videos to learn more.
Oh and boost this post :)
Kind regards,
Max
Ict
Healthcare Sector (XLV) Long-Term BuyI believe healthcare will be the next rotation coming out of this tech bull run. Using the Trade Jeanie (Jeanius Screener/Indicator), I was able to see the current technical buy signals happening on AMEX:XLV :
Took out an untested low
Price touching 21EMA while the 9EMA > 21EMA
Retested a level that was broken to create a break of structure (BOS & Retest)
The Jeanius Indicator shows green 'Combo' labels every time this same combination of signals happened
Bitcoin Week 48When looking at BINANCE:BTCUSDT.P and BINANCE:ETHUSDT.P you can clearly see that BINANCE:ETHUSDT.P closed above the previous week high while BINANCE:BTCUSDT.P didn't what indicate us as a bearish SMT.
BINANCE:ETHUSDT.P reached to a 1D gap from previous Q1 week which will be a resistance area.
This is why I would be bearish to BINANCE:BTCUSDT.P this week.
I would like to target the previous gaps marked in the chart above
ES1 Week 48Seems like this week CME_MINI:ES1! closed above the high of the previous Tertiary Quarter while CME_MINI:NQ1! didn't which indicate as bear SMT.
What supports this idea is the fact that CME_MINI:NQ1! is between two daily gaps of previous weeks in the same month Q1.
This make me believe that we are looking to retrace to previous gaps and I'm bearish this week.
BTCUSD | 15M | SCALPING TIME I've put together a Bitcoin analysis for all of you. I've marked my target and stop-loss levels right on the chart. Thanks to everyone who's been like and support my work. I'm here working hard for you, and I'm never gonna give up on you.
We're gonna keep making gains together. All I ask is that you show your support with a like.
Sell XAUUSD Sell XAUUSD when Price Goes Up Between 2645.19 to 2650.11
1.Here I have box that is my Optimal Trade Entry
2.Ignore level
when price rally up to this box and reduce with displacement I open short on XAUUSD and the first target is 2631.20 (NY Midnight) and the second Target is the low of the day.
Trading EURUSD this week | Judas Swing Strategy 25-27/11/2024The Judas Swing strategy has recently seen a surge in activity. After experiencing a week of losses, it rebounded last week with a 1% gain. This week appears promising, as a setup emerged on Monday, positioning us to take advantage of the opportunity that presented itself
After observing a sweep of liquidity at the high of the trading zone, we shifted our focus to look for potential selling opportunities. However, to capitalize on a clear setup, we require a break of structure to the sell side. This price leg must create a Fair Value Gap (FVG), and a retracement into this FVG will assist us in securing an entry point for the trade. At 10:30 EST, all the criteria on our entry checklist were met, allowing us to proceed with the trade.
Upon entering this trade, we experienced minimal drawdown, which is the ideal scenario every trader seeks. Sniper entries are highly coveted, but it's important to recognize that they won't occur with every trade. Therefore, it's essential for traders to allow their trades sufficient space to fluctuate and to place their stop-loss at a point where, if triggered, it signifies the invalidation of the trade setup
We were in this trade for just 1 hour and 15 minutes, and with only a 1% risk, it yielded a 2% return for the day
On Tuesday, we returned to scout for trading setups, but unfortunately, none emerged that matched the Judas swing strategy, so we took no action. Notice what we did? Nothing. And why? Because no trade setup fulfilled the criteria on our checklist, and we didn't force any trades. Whenever a trade doesn't meet your checklist requirements, avoid forcing a trade. The likelihood of regretting that decision is high, and even if a forced trade happens to win, it means you're developing a bad habit that could haunt you later on
We showed up on Wednesday to scout for trades again and late in the session a setup started forming. We got a sell bias early but getting a confirmation for sell trade took forever to form, but when we got that confirmation we didn't hesitate to take this trade. We entered a sell for this trade setting our Stop loss at 1.05788 and our TP at 1.05383
After executing the trade, the subsequent bullish candle, which was a bullish marubozu, went straight to our stop loss and then reversed in our intended direction. However, since our stop loss was triggered, it marked the end of our trading day. According to our rules, we do not re-enter the trade. We accept the 1% loss with dignity and prepare to trade another day. This loss means that we are now only 1% in profit on EURUSD for the trading period from November 25th to 27th.
Silver Bullet Strategy EURUSD USDCAD AUDUSD | 26/11/2024Yesterday served as a classic example of the importance of risk management in every trader's system. We initiated three trades across three different currency pairs (EURUSD, GBPUSD, USDCAD) and plan to provide a detailed breakdown of each trade, including the outcomes.
We began scouting for potential setups that matched our entry criteria at 10:00 EST. By 10:30 EST, a FVG had developed on GBPUSD, indicating potential selling opportunities during this trading session. All that remained was to wait for a retracement into the created FVG to secure an entry point for the trade
The subsequent five-minute candle entered the Fair Value Gap (FVG) on GBPUSD, indicating that we could execute our trade upon its closure. Simultaneously, we were exploring additional trading opportunities across various currency pairs. It was then that we observed the emergence of a FVG on USDCAD, necessitating a wait for a retracement into the FVG before executing a trade. We executed the trade on GBPUSD while awaiting confirmation to enter the USDCAD position.
The USDCAD setup provided an entry confirmation, indicating that we would have two trades active during this session. Additionally, the session was still ongoing when we observed that another EURUSD setup was approaching the fulfillment of our entry criteria.
Immediately after initiating the trades on GBPUSD and USDCAD, we observed a significant drawdown on both. This was due to a large bearish marubozu candle printing on the USDCAD, while the GBPUSD experienced two successive bullish candles, casting both positions in an unfavorable light. While all this was happening the setup on EURUSD had fulfilled all the requirements on our checklist so we had to execute that trade as well.
Our USDCAD position hit the stop loss, and shortly after, our GBPUSD position also reached the stop loss, resulting in a 2% reduction of our trading account for the day. This leaves us with just one active position on EURUSD.
Being in such a position wouldn't be easy to bare if we hadn't managed risk properly. We entered these trades risking only 1% per trade and had already accepted the potential outcomes, which greatly diminished any emotional attachment to these trades. With that in mind, the EURUSD position began moving in our desired direction, which was a considerable relief after two out of three trades had reached the stop-loss point
We patiently waited, and this time our patience paid off when our EURUSD position hit the take profit (TP) for a 2% gain. Thus, for the day, we experienced two losses and a win, but with effective risk management, our win offset both losses, and we broke even for the day. Do you see the importance of ensuring your wins outweigh your losses? We experienced just one win and two losses, yet our single win was more significant that it offset all the losses we had for the day
AUDUSD - Short Trade IdeaThis is a short idea on AUDUSD.
I'm anticipating lower prices towards a higher timeframe ascending trendline, after price took out buyside liquidity from a descending trendline and then displacing lower.
The trendline in the image is one isolated to around these timeframes, and not the HTF narrative. Besides that, I'm basing it off a Daily iFVG and Daily -OB. First target is the most recent low that price made.
Stoploss at immediate swing high, but completely possible for price to come up during a high impact news event to take out the buyside liquidity above. Either a sweep, or this idea is completely wrong.
Good luck and safe trading.
- R2F
Gold Outlook Gold is moving as on its path which is clear for it
As we see the chart chart tells us from daily prespective that yesterday's low is not yet broken gold has taken support from under yesterday low now its showing us rejection over that another confluence is gold has completed 68% fibonachi retracement over its daily chart now we will be seeing it as bullish bais
From 4H to 1H prespective gold has formed triple bottom and we are experiencing a change in volume we can expect a rally upwards in gold although we are still bearish on gold but seems like we are going to change our direction ⬆️
Crypto Week 47 AnalysisIt seems like that all Major 3 Crypto Coins are in Premium.
All of them are above True Week Open, True Month Open and True Year Open except for BINANCE:ETHUSDT.P Which is below True Year Open.
We are using a gap from previous Year Q4 that merge with a weekly gap. and we have a PSP in a weekly graph right about it.
Near True Year Open BINANCE:ETHUSDT.P there is a Gap from previous Monday in 3h graph.
I think I would like to see BINANCE:ETHUSDT.P getting into the 3h gap and targeting the True Year Open.
Current target in BINANCE:ETHUSDT.P is True year Open
After touching it I'll be bearish since the price is in a major Premium.
GOLD Weekly Outlook Nov. 24, 2024Gold has aggressively bought up into now a premium level to finally begin to send price lower. Staying with my initial bias, that we have indeed capped the high of the year for Gold given the fact that it has bought aggressively the entire year and must now form the closing wick for 2024 trading year.
For the upcoming week I'm anticipating rejections out of the imbalances currently above price and the daily order block currently above price. I would love to see Monday range and either Tuesday or Wednesday manipulate that range. Looking at the Economic Calendar I see that the first significant High Impact news event occurs on Wednesday (Unemployment Claims 8:30am, and FOMC Minutes 2:00pm). so I would like to see that day either manipulate or be a continuation day from a Tuesday manipulation. If you have any questions regarding this analysis or outlook, feel free to send me a message here or on my other socials. Thanks.
Weekly Forex Forecast Nov. 25-28th: USD INDEX Is Still Bullish!November 25 -28th
The DXY is still showing strength, but can pull back at any time. After breaching a Swing High, a pullback is naturally expected. But until it gives a bearish BOS, I am still buying the USD.
Don't be too quick to start selling!
Check the comments section below for updates regarding this analysis throughout the week.
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