Ictorderblock
DXY (Dollar Index) Some areas of potential reactionHere are some areas on DXY / Dollar Index / DX1! which are potential areas that could trigger a reaction.
Remember, don't trade these zones by themselves - but use a lower timeframe, like Daily or 4H to find the trading opportunities.
These zones on the weekly chart are a reference to what are some primed areas based on the history played out!
USDCAD (4H) : Trapped shorts behind a liquidity run!There's a liquidity buildup happening behind recent lows on 4H on USDCAD.
Right behind the liquidity is an area where a bunch of shorts are trapped.
This zone could be a great place to take a long position.
USDCHF (4H) : Trapped longsLongs are trapped, will result in a short trade when they exit.
Remember : risk management is the key!
ZB1! / TLT : US Treasury Bond Futures : HTF Bias (Option 2)US Treasury Bonds (ZB1! or TLT) are nearing some very sensitive + bullish zones on the weekly chart.
Here's another way this can play out in next few weeks!
Alternative way this could play out :
ZB1! / TLT : US Treasury Bond Futures : HTF Bias (Option 1)US Treasury Bonds (ZB1! or TLT) are nearing some very sensitive + bullish zones on the weekly chart.
Here's one way this can play out in next few weeks!
AUDJPY Bearish Setup Price will have to fill the FVG at the bottom. Price did a Breaker Retest on the Monthly time frame meaning it is bullish in the long term but for now it is bearish. Let us see what Price will print.
DXY Two scenarios might happen
1. If Price is able to break the order blocks, price will seek to fill the Monthly Liquidity Void and Monthly FVG below
OR
2. If the order blocks hold then it will seek to fill FVG and liquidity void before coming down.
Let see what price will print.
USDJPY Possible Bearish setup If price is able to break the Weekly and Monthly OB, price will continue to fill the Monthly Liquidity Void. DXY is also currently on the downside. Let us see how it goes.
My trading strategies : Trade against the trapped trader!STRAT 11 : Basic premise
As price continues in a trend, more and more traders keep piling into the same direction, hoping that the trend will continue and they will make money. However, at some point, the trend sharply reverses, breaking the market structure in opposite direction and trapping a whole bunch of retail traders in the direction of trend which just got reversed.
We create a zone which identifies these trapped traders and then patiently wait for them to exit, and trade with limit orders in the direction of their exit.
You can add additional confirmation signals from DXY's directions for the instruments which are highly correlated to DXY (EURUSD, USDCHF, etc)
GBPUSD STRONG BULLISH TREND DXY at the moment is weak meaning GU is going to buy for a very long time until fundamental factors set it. Price would want to fill the FVG since it is the path with the least resistance.
UPDATE ON GBPAUD Two scenarios are likely to happen
1. Sorry I did not take the FVG at the bottom into account. Price is going to fill the FVG at the bottom and then go strongly bullish
2. Price will go bullish and later come to fill since everyone is waiting for it to fill the gap so the Market Makers will manipulate price to get Sell side liquidity
I.C.T Sell Model on a micro chartI demonstrate on a demo account how I traded the ES using the ICT (by Michael Huddleston) concept in my daily analysis. The concept used were ICT Breakers, Order Blocks, Liquidity purge and revert, and ICT Sell Model. You can find more of is free YouTube course on YouTube.
DXY (US Dollar) : Trapped tradersDXY (US Dollar) is trapping traders on both sides of the price : giving us both long and short trades when these traders exit.
Hoping for a Short trade first, then a long trade!
$EURUSD - Buy Daily Bias - Rebalanced - (SMT)Self Explanatory. You get a better picture of these levels when you take a look at the 5 min chart. The Dollar isn't healthy. I'm banking on foreign currencies until there's. shift in the cycle which won't be for another few months.
GBPUSD (4H) : Trapped sellersThe recent gap up in GBPUSD left a bunch of sellers trapped below the monthly lows.
When price comes back to them, they would love an exit - giving us a long entry!
Also : DXY seems to be moving lower, thereby confirming the up direction in GBPUSD.
$ETH - Gap to close between 595 and 598 - Sell at OB (SMT)The Picture is pretty self explainatory. I failed my last ETH trade because I missed seeing this gap.
