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Ictstudent

GBPJPY LONG IDEAGBPJPY is poised to go higher. From a price action point of view. We have a massive pool of liquidity of . With London Open, smart money has played the false turtle soup short to induce dumb money into short positions. However, they are building long positions as the price is pushed lower to be counter the move and potentially run the liquidity pool. Confluence: Smart money had long positions from Friday's Asia Session indicated by the massive range expansion in price from . Logic dictates that most long positions have not been liquidated yet. The run above buyside provides an opportunity for smart money to liquidate their net long positions in that liquidity pool. Expect the 0505hrsNY medium impact news play move to be in play squeezing shorts. Most traders (net short) who have active positions from NFP news are still profitable. Smart money should pair their exits with dumb money stops and potentially squeeze higher. I anticipate a painful squeeze higher which may proceed to the New York or London Close to take out any potential stops and smart money to begin pairing short positions in the move higher at logical levels. As a retail trader, I'd hedge bets to the upside with easy targets with the fib targeting previous liquidity pools at . My final draw is 162.00 as my final target.
Long
by Quantum_Labs
6J1! SHORT IDEAOn further analysis of the Yen Futures, we observe a market structure break for the first time. Any time this happens we anticipate net long traders at that price being triggered long while the smart money is short on their orders. Any net long trader at this level has to be liquidated. Logically any net trader long(dumb money) will have their stops below the Previous Daily Low. This results in price being delivered lower to liquidate any active trader on the wrong side of the market. The result causes weakness in Yen and inverse strength in other pairs such as GBP on GBPJPY.
CME:6J1!Short
by Quantum_Labs
JXY SHORT IDEA After the Open, the price gaped lower trapping net long positions at 81.68. Price is delivered lower and broke a swing low at 81.33. This market structure break illustrates the willingness of the market to go lower potentially reaching a target of 80.70. With entries in the PM Session during the London Close, I expect institutional Selling of JXY at 81.50 as price is delivered lower for smart money entries and failing to give any net long trader long any redemptive exit at break even. Any trader on the wrong side will have to liquidate positions at a loss. Inversely, I expect the weakness in JXY to give strength to GBP for the GBPJPY pair which may seek liquidity higher towards/after New York Close. Asia Session should provide more volatility to squeeze higher and anticipate an impulsive sweep on the highs. Institutional buying seems to be happening as the price is being delivered lower and more long positions are getting added. Observe future J61! next idea
TVC:JXYShort
by Quantum_Labs
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 mid-week. 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, with 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. The smart money seems to be positioned to squeeze higher on inversely correlated currency futures i.e BXY and EXY. Currency Futures should be poised higher Most annotations are made in the chart, play accordingly Potential long opportunity at 97.900 after sweeping the swing low for smart money pairing longs.
TVC:DXYShort
by Quantum_Labs
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
TVC:DXYShort
by Quantum_Labs
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.
by hunterprotocolFX