Ictstudent
S&P 500 - Long ideaExpecting price to bound at discount price on NY am or pm
bullish on the daily until price is rebalanced
S&P ShortBad entry !
I expect NY PM session to run sellside liquidity after bslq
ranging before fomc wed
EUR/USD dailyBroke the daily OB last week, liquiduity near 3721 is looking good
Price could bounce from there to rebalance above 4k
AUDUSD, ICT Stop Hunt, Equal Highs/LowsJournal Entry 1, a won trade R:R at around 2. First I started with weekly bias, haven't studied that yet so I used 9/18 EMA MA cloud and then a weekly/daily cross & bias confirmation. The weekly bias is short. I notice equal highs at M15 timeframe and a run up and start looking for the stop hunt at M3 . As soon as there is a break in market structure down the algo changes program to sell. This particular change in program only appears at liquidity pool in this case buyside liquidity (Buy Breakout traders trapped and Short traders with buy stops above resistance trapped too and used as liquidity). Another sign of algo buying here is the FVG (smart money buying), which shows its hand clearly and at that moment it's the stop hunt. FVG coupled with BMS at liquidity pool is a sure sign of stop hunt. Target determined by liquidity matrix (Fibonacci with only 50% level drew from highest high to the lowest low of the session). At that point price is at discount and the target is going to be at premium side of the matrix. Price bounced of several liquidity pools and liquidity pools + FVG and settled at FVG. I grabbed the first liquidity pool + FVG target at premium side. A fine trade if you ask me.
$ETH - Rejected Once - Liquidity Below to Attack *SMT*In the 4 hour Time Frame there is a Breaker formation (Low, High, Lower Low) (Pictured here)
which usually implicates Smart Money (Deep Pockets) have pressed the chart down so hard that it got retail traders to sell along with it. It get's to a price that is attractive enough for Smart Money to buy up a lot to run the price up. As it breaks the swing high Smart Money then sells to make a profit which causes the price to drop. The price drops to exactly 62% of the current wave which is where smart money would start buying again, however, there with the breaker to the left of the current price I see Ether moving possibly to the top of that breaker before creating a false sense of hopium as the real target is the multiple equal lows which is where there is a lot of manufactured liquidity (Pictured here 15 MIN CHART).
(Where smart Money creates a "Support" line so that if it reaches thay line again it would trigger a lot of buying from retail traders. Instead, Smart Money knows this and will drive the price further down taking out the retail traders buying at the "Support" Line. As a Smart Money trader, I see Ethereum shorting near 1630-1670 Vand Drop down to at least 1550 but then could drop lower depending on much much liquidity Smart Money wants to go after.
Just my thoughts. Good Luck and Happy Trading.
P.S. Yes My Charts are Full of Rectangles as I mark Fair Value Gaps from Multiple Time Frames and Order Blocks. I do rthis because I notice a monthly fair value gap (Imbalance which price is attracted to) near $720-900. and It's possible it could get that low to fill that imbalance. But I'm just focused on the immediate right now
COINBASE:ETHUSD
USOIL PRICES ABOUT TO SOAR ONCE AGAINPrice is obviously on a bullish trend on the Monthly Timeframe. I love to start my analysis from the higher timeframes.
Price formed a higher high then proceeded to a possible higher low through the current retracement.
Price is currently respecting a monthly orderblock in a bullish environment therefore I expect price to buy up into the Sellside Imbalance Buyside Inefficiency then to the immediate high as my overall target in the coming months all things being equal and provided the current trend is respected.
GBPUSD Long Bias | ICT ConceptHey traders, here is the analysis for the GBPUSD. If you guys like my analysis please hit like👍 and follow. Thanks. DISCLAIMER:- This is not financial advice.