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Ictconcepts

BIG Picture GBPUSD (1W and 1D)On the weekly chart, the market shows a bullish structure. However, it is currently in a decline driven by a rejection block that, according to ICT concepts, signals a trend reversal. In my view, buyers will aim to dominate the market within the Discount FVG zone, with the objective of pushing the price up to the imbalance created above in the rejection block. If the dollar weakens next week, this movement is highly likely. Daily Analysis I believe buyers are very interested in the zone between 1.29031 and 1.28570. On Monday, I anticipate a possible manipulation below 1.29110, which is below Friday's low.
Long
by LordZanda
EUR | USD | GBP Weekly Forecast Oct. 28: SELL EU & GU!In this video, we will view the markets through ICT Concepts, focusing on the USD, the EURO, and the GBP. The retracement in the USD Index is overdue and pending... but not yet! There is still room to the upside, which means EURUSD and GBPUSD will likely be BEARISH, as the USD is stronger than both at this time. Look for the FVGs to hold price or fail, and let them guide you. 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.
CME:6B1!Short
by RT_Money
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.
by CleoFinance
Gold Outlookcurrent week was almost a bullish week for Gold and we have seen New ATH (All time High) it was a situation gold was breaking its own Records Hour by Hour... for next week we are expecting gold to see a new peak of 2725 to 2734 and the a Retracement for the previous ATH then new Highs can be seen as far the confluences are concerned we have Fibonacci extension of previous high to low move over the price discussed above also 50 SMA from Monthly to weekly to daily to H4 to H1 is the confluence for price remaining above and can see new high as we always mention trend is our friend so we are bullish with our higher TF trends
OANDA:XAUUSDLong
by Wakeel_Saab
WEEKLY FOREX FORECAST OCT. 14 - 18th: GOLD | XAUUSD Gold is still bullish, and BUYS are still the best bet. There is the potential for an overdue retracement, but I suspect it will be limited. The formation of a +FVG will support higher prices, and we may get that on Monday's close. Patience.... 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.
COMEX:GC1!Long
by RT_Money
GOLD is Setting Up For LONGS! Prepare to BUY!Price is pulling back to the Daily +FVG, which is nested in the Weekly +FVG, which is intersected by the Swing High. Three strong confluences for a high probability LONG. Be patient, look for price to contact the POI, and then let your valid buy setup form. Let the rest unfold. 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.
COMEX:GC1!Long
by RT_Money
20
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%.
Education
by CleoFinance
WILL EIGEN REACH $4 BEFORE END OF OCTOBER? The probability of reaching $4 is very possible. Here are my confluences: - Weekly Low at $3.29 which had liquidity resting just got raided. - Q4 has seasonally been great for Cryptocurrencies over the years so I expect a great end to Q4 for EIGENUSDT. - Price is currently testing the Daily Bullish Order Block which is within the Range Discount Array. - There is more Liquidity resting above current price rather than below current market price. - Targeting price to reach $3.72 , $3.91 and $4 for this Long entry. Trading is risky so always use proper risk management. Happy Trading Pals
Long
by Evaliste