Ictstudent
GBPUSD THURSDAY'S OUTLOOKHaving a bearish outlook for the week, the supposed high of the week formed on Tuesday within the daily imbalance.
OTE formed during New York session today with a chance of taking out the sellside liquidity.
I waited for a 5min bos and currently awaiting a retracement to a 5min -OB during New York or London session tomorrow.
GBPUSDWE were looking for lower prices after FOMC news release august 17 2022. i was expecting more lower price on GBPUSD. now these where the factor that influenced my BIAS
*we were still trading below yesterday midnight opening candle, and we had a shift in market structure to the downside after trading above on the london open
if you are trading below the opening candle of the day at 8:00am NY local time and the BIAS is bearish you should be looking for more lower prices. Now the market traded into the bearish breaker and we started seeing lower prices on the am session.
WE ATTACKED THE SELLSIDE LIQUIDITY.
WHERE THE market created a gap (FVG) on the 15m TF, I waited for price to trade into that inbalance and i took my entries down to 1.19400
the outlay clearly shows how i lay my chart.
EUR/USD So we traded down back into that 3H FVG (inbalance) once again this is the most reason I suggest Trade not On Monday and till FOMC news release and we can anticipate where the market would mostly Run to Pick Liquidity.
Wait for the FOMC NEWS release Wednesday -17-22
We have Traded Down .. I'm looking back up at the market making a Rally to the Upside ..
We wait !!!
GBPUSD ..(1.23000) HAS GOt MY INTREST.
Factor leading my Bias TO THE BUYSIDE,
Looking at last week analysis, we can clearly see how we traded into the inbalance on the (3H)TF. rebalancing the price range made by that long (wick) made on the 29th of july .. we have no seen rebalance at this said LEVEL now giving seller an opportunity to buy price at this level ..
*REH
(*price has balanced properly on the FVG 3h)
*STILL TRADING on that 3H +OB
*we still bullish on the major TF
*repricing or rebalance at this black shaded area .
higher prices expected!!!
EURUSD LOOK AT YOUR DAILY CHART YOU CAN CLEARLY SEEWEREI OUTLINE WHERE WE WOULD BE DRAWINGINTO LIQUIDITY, ANDWE RUN UP TO MY LAST WEEK TRADING INTREST ( check previous post )📯
I'm still bullish for next week .. i have outline my reason for bias (BULL) there are other factor supporting my bias .. but those are private to me .. all you need to knw is Time an Price
remember I'm corollating with the GBP/USD
EURUSD ..inside this inbalnce is where my concern lies
why???
1. H4 clearly see E/U made a HL
while the CABLE made a LL
2. WE TRADDE into the FVG on the HT 2,3,4
3. previous SL RUN
4. HTf we are bullish untill otherwise
5. inbalance above
6. structure shift H4
7.still on th3e bullish +OB
.SMT Divergence on E/U
G/U Moves On RISK OFF and so inversly
GBPUSD SELLS REVIEW, SIMPLE TRADE SETUPThis is a quick review on the trade i had on GBPUSD, guys this is the simplest way to trade . Break in Market Structure on the higher time frame , then go to lower time frame to look for entry.
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