BTCUSD SELL Looking at the chart we have a displacement to the down side and a PDH and ARH sweep and a MSS followed by an IMB and a breaker we enter of the IMB stops at the high and target 1:2 RRR..
Ictconcepts
BTCUSD BUYMarket sweeps PDL with strong displacement to the up side with MSS and IMB and breaker entry at the 50% of IMB and target 1:2RRR lets see how it goes
BTCUSD Sellwe are selling, looking at the chart we can see sweep of PDH and ARH we have displacement and IMB along with MSS we enter off the IMB and target 1:2 lets see how it goes.
BTCUSD SeellMarket has sweept ARH and PDH we have displacement to the downside and IMB and MSS we enter off the IMB and target 1:2 RRR wth stops above the high
BTCUSD sellthis is what we are looking at . lets see as it plays out , risking 1 percent for 2 1:2 RRR
BTCUSD BUYyou know what time it is we are buying BTCUSD all our confluence has been met lets go 1:2 RRR
BTCUSD BuyWe are buying BTCUSD BUYLIMIT, you know how it goes entry at the IMB and target 1:2RRR. Let’s go
BTCUSD BUYWe are here again, we have a setup on the 5min time frame a buy on BTC we target 1:2RRR with stops at the low let’s go.
BTCUSD SELLWe are selling let’s go, early set up today we are selling BTCUSD stops at the high target 1:2RRR
EURUSD LONG PROJECT RECALIBRATION This first buy zone has been taken out and now I will wait for the second one
Week of July 14 NQ/10Y/CL/GC/Real EstateLast week, we were reminded what selling looks like on indexes.
The Nasdaq and Bitcoin tend to lead the technical moves, and I believe we are headed for a 10% correction here soon on NDX. NDX led the market by making its top earlier than the rest - but everything is poised for a nice drop from here.
My contention is that this will be the final wash-out on indexes before the final big long swing into the secular top of the market - which will come before the November Elections.
Nasdaq finally gave us some selling that we can lean into last week. We got a h4 Market Structure Shift (MSS) and Friday gave us the perfect back-test of the h4 sell structure.
The first logical target for NQ is going to be the July Lows.
From there - I want to see a small bounce and then resume the proper down move to around 18.5k area.
The Draw on liquidity is that quarterly IRL that we need to visit. If we can crack the 19k mark on NQ, it will offer a 10% drop from ATH - which is the perfect amount to scare all the villagers, we will see bears on parade - right as its time to long the index for the final move to ~25k.
10yr Rates continued to fall this week - which is what is jucing the markets. That being said, I'm still looking for the 10yr to march down to ~3.8% before any kind of meaningful bounce. This is because the economy is starting to roll over, inflation is coming down - and the bond market knows it.
Oil was floppy last week, but I still am looking for that 85/86 level to sell. Oil has been a tough trade up here as the tape has been rather heavy. Oil wants to drop due to weakening global economic forces - but they keep pumping it up with Hurricane premium etc - I have no trade in oil until after we sweep the 85/86 area and can begin the proper big sell program.
Gold popped this week but I think it was just a pop into a h4 IRL that is a selling opportunity. I want to see Gold sweep those Equal Lows down around 2304, clean up some inefficiencies ~ 2230, then resume its uptrend.
Real Estate is about to start its larger secular downturn here - and we are already seeing it in places like Austin, Phoenix, and Florida.
What is wild about Real Estate is how insanely clean the charts are. If we start with the quarterly chart - it is a textbook example of a bubble chart
Having this HTF Bias, enables me to look for weekly swing trade setups, as I believe real estate is about to take a 50% or greater dump. I think the prices of MOST assets (homes/planes/boats/Rolex Watches) are headed back to 2013 levels.
Homes were bought en masse by wall street, and a lot of the firms are upside down on the properties as they sit empty. A combination of higher rates, and a flood of supply - all timed with an economic recession - is going to leave real estate as a smoking crater.
The weekly - we are entering an area up here which I believe will morph out to a great selling opportunity - as we make a weekly Turtle Soup sell entry.
So here is the setup I am watching for this week;
I want to see NQ drop back to a weekly IRL level and run the h4/weekly TS for potential long entries ~ 19.8k. We should get a small bounce down there, but the ultimate goal of this drawdown should be ~ 18.5k
I want to see oil take out the 85/86 level and then reverse hard - this will confirm the bond market deflationary stance as the global economy weakens.
I am still waiting for gold to sweep the 2304 equal lows for a long entry.
I want to see YM, Real Estate, and Small caps start moving lower. I think this is the start of a nice market-wide correction.
Until next week - We'll be watching.
GBPUSD: Potential Intraday Sell Opportunity!Greetings Traders,
Current Market Analysis:
At present, I am observing a potential intraday opportunity to sell off into the H1 bullish order block, which is residing in discount prices. I am already in a sell trade on GBPUSD, taken earlier.
Key Observations:
M15 Breaker Block: We have experienced a pullback into an M15 breaker block situated in premium prices. This zone presents a potential area to seek confirmations for selling opportunities, targeting the draw on liquidity, which is the H1 bullish order block.
M15 Bearish Order Block: There is also a possibility of price pushing further into premium prices, reaching the M15 bearish order block. This is another area where we can look for potential selling opportunities.
Trading Strategy:
Selling Opportunities: Focus on seeking confirmations to sell off around the M15 breaker block and the M15 bearish order block, targeting the H1 bullish order block residing in discount prices.
Target Levels:
H1 Bullish Order Block: The primary target is the H1 bullish order block, aligned with the current draw on liquidity. The aim is to see price fill the liquidity void.
Conclusion:
By understanding the current market structure and identifying key areas for potential selling opportunities, we can effectively execute intraday trades on GBPUSD. The pullback into the M15 breaker block and the possibility of reaching the M15 bearish order block provide strategic points for selling, guiding our approach towards capitalizing on intraday opportunities.
Happy Trading,
The_Architect
Trading EURUSD | Judas Swing Strategy 16/07/2024 - big win!Last week, we had awesome trading sessions using the Judas swing strategy. We entered 7 positions across 4 major currency pairs: EURUSD, GBPUSD, AUDUSD, and NZDUSD, and secured 5 Big wins! The results we've achieved with this strategy have heightened our anticipation for our trading sessions. As is customary, at 8:25 AM EST, we commenced the day by reviewing the essential items on our Judas Swing strategy checklist, which comprises:
- Setting the timezone to New York time
- Confirming we're on the 5-minute timeframe
- Marking the trading period from 00:00 - 08:30
- Identifying the high and low of the zone
In a few minutes the low of the zone was swept, which meant our focus would be on identifying potential buying opportunities for the trading session.
To increase the likelihood of success of our trades, we wait for a break of structure (BOS) towards the buy side. Once the BOS occurs, we anticipate price to retrace to the initial Fair Value Gap (FVG) created during the formation of the leg that broke the structure.
We patiently waited for price to retrace into the created Fair Value Gap (FVG), and executed our trade upon the closing of the first candle that entered the FVG, as all the conditions on our checklist for trade execution were satisfied. Please note that our stop loss is set at the low of the price leg that broke structure, and we implement a minimum stop loss of 10 pips.
The position underwent minimal drawdown, after 5 minutes we were already in profit. What remains is for us to exercise patience and allow the trade to unfold to our advantage.
We are aware that our strategy does not guarantee a 100% win rate but rather hovers around 50%, indicating that some losses were inevitable. To avoid becoming emotional over the position, we used only 1% of our trading account with the goal of achieving a 2% gain. Upon checking our position later, we observed that the position was a few pips away from hitting TP.
After 4 hours, our Take Profit was triggered, and our patience paid off as we hit our target on EURUSD, resulting in a 2% gain from a 1% risk on the trade.
