Ictstudent
SHORT IDEADXY is poised to go lower to a discount price and potentially reach the Previous Weekly high after a market structure shift next week. However, as of Friday, all momentum is bearish potentially till London or NY for a reversal. The expectation is that Sunday's Open should potentially push the price lower to a discounted price and potentially draw higher unless the market structure shifts. Asia Open should be bearish and provide another shorting opportunity. Since it's Friday, I expect smart money to squeeze any traders long and take them out.
As a result, most foreign currencies should be poised to go higher in Sunday's Opening. GBPUSD, EURUSD, US500, NAS100, and US30 are already positioned to go higher, the expectation to seek liquidity higher as DXY drags lower. USDJPY has already shown its hand and is expected to squeeze lower after purging Buyside Liquidity.
Smart money seems to be positioned to squeeze higher on currency futures i.e BXY and EXY.
Currency Futures should be poised higher
Most annotations are made in the chart, play accordingly
ICT BREAKER SETUPhello, so you want a model that will get you profits? LOOK NO FURTHER!!!!
this is the ICT BREAKER, this mode (and other confluences) is ALL, YOU, NEED.
if you confluence the BREAKER with...
- BMS
- OTE
- PREM/DISC RANGE
- INTERNAL LIQUIDITY
WHAT. MORE. COULD. YOU. WANT.
what is labelled, as the purple box, THAT IS YOUR BREAKER BLOCK, YOU TRADE IN HERE WITH THE RIGHT FRAMEWORK AND CONFLUENCES.
DXY intermediate to long term outlookDXY has traded into a point of interest and closed below fair value gap high after trading into bearish order block within fair value gap high and low range. Commitment Of Traders data shows that smart money is still net short and large specs net long. Awaiting monthly close. DXY is also in a Higher Timeframe premium market
OTE entry on GBP/USD - NY Killzone ICT concepts, ICT tradersHaving looked this over, and noticed many things of course in hindsight, I thought I would share this take on price action, with hopes it can assist someone with a different perspective on the markets, One that I believe has helped me, Taking a look at price action with the underlying presupposition that the market is booked on liquidity, where big moves can collect liquidity to bank and accumulate.
It is always worth taking a step back from any trade and looking in the eyes of retail and smart money, Both of which can be seen here, View the moves on liquidity as SM ( Look at how the "RESPECTED SUPPORT LEVEL" was 1. Respected and then 2. Blown out
( resting liquidity IE Retail stop loss orders taken ) Secondly look at displacement of sideways trend directly into resting higher time frame liquidity.
To understand what ( I believe) is happening when smart money move a market, the only thing you need to be aware of is, Moving onto liquidity.
I feel like this is easy to summarise by simply saying, Look at this as "us vs them" Retail traders are seeing patterns and support, Smart money are moving into liquidity around these suspected areas.
The approach to take, In my opinion is to watch the us vs them battle occur, and ride the wave.
This trade wasn't the greatest, But it was a 3-1 Yield with stops rolled to break even in 1 hour, and if you always look where resting liquidity lies, you will have a good idea about stops and targets.
NAS Weekly ForecastSweet Dreams Traders, this weekly forecast i can see the market to continue bearish until it breaks a Lower High. Which it hasn't on the weekly and daily timeframes yet.On the 1hr showed a little manipulation move, where it did break a lower high but then rejected back to the downside. Im expecting this week for bearish setups to the weekly's low which is 13024.4. Have a great trading week and comment down your thoughts.
DXY confirmed FVG high and low FVG high and low confirmed+ buy side liquidity sweep to the far left of chart/old high raided. Suspect highs at fvg high, looking to see if price will run out these highs and will monitor price action for any significant sensitivity. Though it is Friday, we most likely saw the whole weekly range traded and investors would most likely look to realise some profits.
$AXS - To Reach it's Bullish Order Blocks Early in the Week. 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. 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 Liquidity and Balance. That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.
It Appears AXS is heading towards the Order Blocks it formed on 2/23. We should See the price get down to these levels (Entrance 1 45,58 and Entrance 2 (if gets there) 43.30, this should possibly have some consolidation to trick retail traders into selling off when it should then take everyone by surprise and rise to new higher levels which I belive will be in the 162% Extension of the original wave which is also neathe bearish Order Block of nearly $60.
I see it as this
Breaking through both sell side liquidity points as it created a "Support Area" Which is an area that people will chase up until it turns around and goes agaoins those retail traders. Then we should see it finally move in the direction thast it should, hopfully gettting no lower than it already has in CoinBase.
BINANCE:AXSUSD
FTX:AXSUSD
KRAKEN:AXSUSD
BITFINEX:AXSUSD
GEMINI:AXSUSD
BITSTAMP:AXSUSD
OKCOIN:AXSUSD
KUCOIN:AXSUSDT
COINEX:AXSUSDT
OKEX:AXSUSDT
HUOBI:AXSUSDT
PHEMEX:AXSUSDT
$BTC - Hits Bu;llish Order Bloc- Fills FVG or Bearish OB *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. 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 Liquidity and Balance. That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.
Bitcoin falls to the Daily Bullish orde Block. Which is where is Have my first entrance at 39150 ( Altghough I enterted around 38,700, there's a possibility it could drop to the median of the bullish order block near $38,440. I have a sewcond entrance setup near hear. The first take profit will be to fill the daily fair value gap Premium which is at $41811.00 the second take profit is at the bearish orde block at $42,850. If both are successful I will leave a 5% traier to see if it the current high at $45,500. There are approximaterly equal highs in this arera which means this is a high liquidity area which the price should attack.
We are still in a Bullish BTC chart due to current price action (higher highs, no closing lower lows) This should be an easy play, but we shall see.
NASDAQ Future PredictionGood Afternoon, this chart is my future prediction for Nasdaq which i'm looking at very closely. This week i'm looking closely at the "Hanging Man Candlestick" which is wrapped around my yellow text box.I don't really see it going up but if it does i'm expecting it to perform option 1. However with inflation reports rising and seeing the market break below weekly higher lows, i can see it continue on its way down and head towards my fair value gap marked FVG. Have a great trading week and comment down your thoughts!