Ictstudent
ICT AUDUSD Week OutlookI'll be honest I can find reasons for both a bullish week and a bearish one. If I had to choose, I'd say bearish to go with the current high time frame trend, considering we already had a decent correction up.
Bullish arguments
> Unfilled space on the weekly, could fill the weekly FVG to also get over the 50% range there, into a weekly premium
> Another swing high above price to go for
My Weekly reference:
Bearish move
> We expanded upwards enough to go back on the bear trend
> Weakness from SFP daily candle where we went for liquidity then closed below
> We briefly rejected off relevant weekly level (could co further into it tho)
ICT US500 Weekly Outlook and Trading PlanAt this point I am not sure where price will end up so I want to cover different possible scenarios, then watch which one plays out.
I think big picture we still remain bearish on equities, don't see big changes that would indicate otherwise.
We just rejected off 4.000 relevant level, which coincides with top of first daily fair value gap.
Whether we move higher before going lower, or just shoot lower, short term I think we have small correction to 3920 price range.
> Fair Value Gap on Daily
> We expanded upwards quite aggressively (we are a bit over 8 EMA)
> Can attack sellside liquidity from previous days' lows
> Daily Support flipped resistance, broken through and now I think we're looking for a retest
If we do indeed go to retest that area, I would wait a bit to see where price wants to go.
A. Go fill up some more space from the huge drop on the left? Maybe till top of weekly Fair Value Gap. Continue the move lower afterwards
B. Continue the bearish move, attacking the sellside liquidity from previous lows.
So my plan would be
1. Look for shorts into Daily FVG.
2. Wait to see how price reacts in that area
3. Look for longs/shorts based on how price develops
Good luck! 🥂
#Eth PullBack - Two Options that could Happen according to SMTSMT is Smart Money Theory - Please see my previous published posts for the definition.
We have the price coming back down to fill the 4 hour fair value gap void (1315-1288). If it happens to get below that The Second option would be the Fair Value gap below that (1182-1148). It could reach higher before it falls back to these areas. But price always seeks imbalances and liquidity.
Good Luck and Happy Trading
🧅My trade journal 7/15/2022My previous trade journal was in a private post...no wonder why
It's was my fault i was too hurry to post the idea so i will linked below this description .
if you want to see it just click on all my related ideas.
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🧅Disclaimer :There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. This is Not Financial Advice
🧅JUST AN OPINION OF THE ONION.🧅
Bullish Idea for $SPY Last week we saw $SPY break of structure of a down trend on a higher timeframe. On that same timeframe we retraced to our key fib level without breaking the swing low. Here, I would like to see price break buyside liquidity + structure followed by a retracement down to our key fib levels before a leg higher is made.
$XMR - Short the week - It should bounce back around $105 *SMT**SMT* = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. I'm Sorry, but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remember price levels, that's it. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to remember is price will move toward attacking where there is Liquidity (Equal Highs, Equal Lows, phantom Trendlines etc.) and Balance (Fair Value Gaps, Liquidity Voids.) That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.*
As XMR just finished creating the Break of Structure on the low side and came up short of breaking the structure on the high side, it appears that this was just a runned attempt at a bearish order block to be rejected back down into the last 4 hour fair value gap area. I marked the weekly consequential encroachment (Half of the weekly FVG, $121-122) and entered short there....As it's rejected it starts to head toward the bottom of the 4 hour FVG which is also a confluence at the 79-80% which is where most rebounds happen. and that number is 104-105 as an opening. On this one I could go either way but the earlier I enterered the less of % wager I would press and low leverage. The later the stage it gets the later you enter the more you can wager and add leverage.
And taking from the smart money playbook the earlier and sharper the price rises during the week , the more it will fall as the week goes on. Low possibly being on Friday or Saturday, looking for it to get around 105 by then.
If you watch the analysis week by week, It's an obvious pattern.
WEEK 1:
WEEK 2:
WEEK 3:
Current Week:
Good luck and happy trading.
🧅My trade journal 6/30/2022Same as my every educational post
But to day i'hv describe all of it
My emotional while i'm trading
My right&wrong entry
Feel like it will be a good new chapter of my trading journal
Good Luck Trader💯💯
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🧅Disclaimer :There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. This is Not Financial Advice
🧅JUST AN OPINION OF THE ONION.🧅
EURUSD 15 min TFHI everybody
Tuesday, LN session
I think daily bias is BULLISH, and SM wants to go above the daily high. Also 2 last candle are in a daily range.
in 1 hour chart, price is accumulating. it formed relative equal high.
I think SM will come below the 1.05082 level or 1.04982 level, buy the sell stops and go higher
EURUSD ICT OTE Entry, Short sells with logical approaches HTFthe chart basically says it all, Not much for me to expand on here, I believe / hope I am at the point in my trading and studies on this system where I can safely simplify.
I hope this marks progress for me in as much as, I can now explain the theory (I believe) ICT is teaching, Loosely of course as OTE was my first venture and now I am expanding my knowledge with the new material.
To put it simply
I want to see several things happening that line up and present me with a Low risk, High reward entry.
IF the HTF Bias is in the direction of the trade
and THEN
The market moves against the higher move
And
1. Sweeps liquidity taking highs or lows
2. Hits an optimal trade retracement of a recent impulse leg (A relevant leg)
3. (this isnt a must but its a bonus) Hits a big figure or mid figure clean number
4. Shows signs of reversal, Displacement, breaks of inside structure, Reversal stages or counter trend exhaustion.
THEN:
I am presented a low risk opportunity within the confinements of time, This is usually within the LON NY session.
With a logical target that I can justify an expectaton of price movement to.
THEN I can trade. . . .
If you just back test that, you will not only discover positive results, You will start reading the tape and plotting the story while looking at the chart as evidence, This is a superior understanding.
This is what I search for, understanding, Knowledge, accuracy in prediction.
That's much more that a profitable trade.
OTE entry EURUSD Daily 8RRA trade using the theories of ICT the inner circle trader based on the "optimal Trade entry" as well as other ICT concepts.
Studying the tape from the top down can set up options and high reward opportunities, the higher time frame always dictates the bigger picture, Once you grasp how to read a tape from the top down you wont panic when price starts correcting on a trend, Its then easy to see how things are setting up to respect the HTF. Go study, 2022 Mentorship is live and if you haven't started it you have a lot of material to catch up on.
the more love we show this guy the more we will receive in return by way of information and knowledge.
Get after it, its not easy gaining the knowledge to do this, or developing the discipline to make sacrifices, But once you have it, No one can take it from you.
Game face.
ICT Maybe?Hopefully this is something good.
Id like some feedback.
Not yet at entry but an aggressive entry could be okay.
🧅The power of 3 by ICT on NAS100The power of 3 by ICT on NAS100
1, Accumulating
2, Manipulating
3, Distributing
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Disclaimer :There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. This is Not Financial Advice
🧅JUST AN OPINION OF THE ONION.🧅
$BTC - Run May Have Been Short Lived - FVG's Below To FilL *SMT**SMT* = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. I'm Sorry, but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remember price levels, that's it. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to remember is price will move toward attacking where there is Liquidity (Equal Highs, Equal Lows, phantom Trendlines etc.) and Balance (Fair Value Gaps, Liquidity Voids.) That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.
TLDR;
Entry: 32,100
Stop Loss: 33,080
Take Profit: 28,000
After placing a Fib on the Current Wave, It became clear that we may be headed lower.... again. My Mentorship taught me to think of weekly profiles and how weekly candles form. The rush up just seemed like a wick for the week. Then I pulled the fib and noticed that the Discount price was at the exact line for the large Fair Value Gap (Imbalance) below. Additionally, I went to Barchart.com and looked at the Commitment of Traders report to find that Commercial traderds have reported additional net shorts than previously recorded. That was my first tip that Bitc could be going down as of Yesterday. I still Have my Analysis that BTC will get to 21,400. But for now, let's take baby steps and look to se if 28,000 first.
$ZEC - Retracing to Bullish OB Then Attack Liquidity Above *SMT**SMT* = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. I'm Sorry, but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remember price levels, that's it. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to remember is price will move toward attacking where there is Liquidity (Equal Highs, Equal Lows, phantom Trendlines etc.) and Balance (Fair Value Gaps, Liquidity Voids.) That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.
TLDR;
Entry: 92.3-92.5
Stop Loss: (88.5-89.2 Depending on Broker and how much your willing to give up below the Bullish Order Block)
Take Profit 1: 96.3-96.4 20-25% of profit removed here (Move SL to 90)
Take Profit 2: 97.4-97.6 (Bulk of the trade off here up to 85%-98% of the trade, move stop into break even)
Take Profit 3: 99.5-99.6 (127% Extension meets the Fair Value Gap Above the equal highs/Liquidity Line
On the Hourly it appears that after price had broker the structure of the lower dealing range, it retraced back down to the breaker of that range and continued up until it hit equal highs with the price before th major drop off. These equal high are creating artificial Liquidity meaning that most traders who see the equal highs automatically think "Resistance" It may be met with some resistance but smart money or Institutional traders know that there are retail traders that have their shorts sitting there with, most likely, a short stop loss.... Or a buy stop with a short stop loss. I see this everytime, The price will come trigger the buy stop people and to take out the SL of the people Shorting with a limit, then it falls more to take the buy stop traders SL out, then continue up to find an imbalance or liquidity. And there's an imbalance at exactly the 127% extension.If there's a slight chance that doesn't happen I do have multiple take profits set up, but more than likely this will be the scenario. I've seen play out so many times that I know there's players in the room with large amounts of money able to manipulate the charts right when they want to. If this doesn't Happen, I'LL be Surprised.
Good luck and happy trading :)
$XMR - Price entered Bullish Breaker - Will Act as support *SMT* My Last XMR Signal did not go as well. However, I believe I found where I went wrong and will be able to correct it with this signal.
*SMT* = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. I'm Sorry, but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remember price levels, that's it. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to remember is price will move toward attacking where there is Liquidity (Equal Highs, Equal Lows, phantom Trendlines etc.) and Balance (Fair Value Gaps, Liquidity Voids.) That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.
So we have a long term Low High Lower-Lower formation in the upward movement of the price action of the chart. The high candle is the the Breaker. This is part of Smart money theory that's hard to explain without giving a video. But the price at this point should not get lower than the last up candle between 170 and 175. My entrance was 175.50. Stop loss is 169 and aiming bullish for the inverse ofr the 62% around 194.50. Then it might return lower, I'm not sure. But I think this Breaker Will hold and cause a short bullish run at least.
Closer up of the the chart
After it completes the run, The I have a feeling it will have another decent fall into the imbalance belowe the currrent support as seen pictured here:
Lastly, if the price stays near where it is, it is in confluence with the exit of the trade as there is a bearish order block right at the price near 194-195
As for now. I'll be on top of this trade and keep it updated as much as I can. I'm only trading 3 cryptos right now, BTC,ETH, and XMR. We'll see if I'm right this time.
SKILLING:XMRUSD
GATEIO:XMRUSDT