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Ictstudent

$EURUSD - End Of Week - Economic Calendar vs. Algorithm (SMT)***SMT = Smart Money Technique = the lck of believe and use of retail theory strategies. It is an algorithm that seeks liquidity and balance. We doon't trade off trndlines, no do we follow channels, or harminics, or belive in supply and demand. There's al Algorrithm nd the Candles givee you the keys. per ICT. And I could be extremely off for this. AAAlright so it seems that the Euro has been slowly going down throughout the week. I don't see tomorrow being much different even with NFP numbers coming out. It is acting as if there is still liquiidity to be broken on the sell side. Especially the equal lows right at 1.15400. I think it will break a little higher during the London session and cross the Median of the 15 min Fair Value Gap, probably even cover the FVG it and hit the bearish order block before dropping. One scenario I do have is it hitting that 1.15450 area aas it is a bullish order block under a FVG and stopping there and slowly moving up since it is the end of the week. Howeever, It is NFP Friday, the worst day to trade, So I'm not going to even thinkin about trading this. But I'm putting out my guess as to wht would possibly happen. What we're looking at just below a few deviations below the Asian Range as well as using the fib for a short sell after it gets above premium and into that median of the 15 Min FVG gap around 1.15750, I wouldn't be surprised if thats the time we get the worst volitlitity and people chase it up aand it does go up for a brief moment but then it just falls straight though the Liquidity /equal low area at 1.15400 and the straight on throught to the 175% exxtenssion which just so happens to also be the Mar High of 2020 during the high volatility of Covid around 1.154115 which is also inside a dailly order Block. Chart Seen Here:: We'll just have to wit and see what happens. Happy Trading
Short
by BodiesXWix
$EURUSD - Judas swing to Bearish during London Session *SMT**SMT* - Smart Money Technique - This Means we don't base our technical analysis off trendlines, channels, harmonics, double tops double bottoms, or anything retail has ever taught you. We go off where the liquidity is likely to be setting so that smart money would be going after it to trigger the buy/sell limits and take them out with short stop-losses or chasing the trade. We think of daily bias first and use different methods such as the Asian range order blocks, breakers, etc. There's a lot of smart money vocabulary and if you're not familiar with it or the way it's presented, you may not understand this idea fully. In the short term, the Discount price from the previous ran (61.8%) as a short is exactly where I put my entry, I believe it may get a little higher but I think it's going for Thursday as the low of the week (or high of the week) but Wednesday still has some Sell-side Liquidity it is drawing toward. It did hit the daily bearish order block wick during the trading session today but that could just mean it's going in a little deeper before turning bullish and I still think it has a ways to go in the bearish sentiment before turning bullish. I could be complertely wrong and that it could turn bullish as we've hit the daily bullish order block already (but only the wick). But I have a feeling we'll be diving deeper before this pair turns bullish as it seeks liquidity. We'll just have to wait and see. :) Good Luck and Good trading OANDA:EURUSD
Short
by BodiesXWix
2
Nasdaq To 15800.0 Before ChristmasWith Gains in big growth stocks like Amazon & Microsoft l do expect the Nasdaq to continue on this rally towards the 15800.0 level. Moving over to more Technical Things: The momentum on the Index is still massively bullish. We can see Bearish OBs being violated while Bullish PDAs being respected. The nasdaq only needs a little more artificial HYPE. to get it towards my 15800.0 level so expect more positive news in the the big growth stocks this coming week. Gshekinah101 FX
OANDA:NAS100USDLong
by watersthetrader
$BTC - Smart Money Technique- Long at Bullish Order Block ***Smart Money vocabulary used so if you are not familiar with Smart Money Technique and you must understand that there is no Supply and Demand, the chart is controlled by an algorithm. Period. If you do not believe that or have an open mind into believing that, you will have a hard time understanding Smart Money Technique. This is what the Big guys with the money don't want you to know that it's an Algorithm**** -SHORT TERM TRADE 53093 IS WHERE THE BULLISH ORDER BLOCK BEGINS, STOP LOSS JUST BELOW THE CANDLE. It could possibly reach to the bottom of the fair value gap at 52844 before moving higher. So if you want to put a s/l there use lower risk, higher risk at the closer stop loss. and then if it hits the stop loss wait until it gets to the bottom of the 15 min fair value gap. It's going to attack the liquidity resting above the short swing highs at 54750. Then it may bounce back from a bearish order block notated by the redlines above (55,100 or 55220) But there are equal highs as well at 55,220 where liquidity maybe resting and there is a redeliver-rebalance candle, tht is the current high skinny candle which creates sort of a incognito gap for the algorithm, th fat bullish candle next to it is that gap and that's where price wants to go first. Once it gets there it may consolidate, retrace even, or just shoot straight up to the top of the 4 hour fair value gap notated by the green box at the top 56011.0, so thats my short term trade from 53093 to 56011.0 P.S. It could appear as if it is going up off the the top of the fair value gap, it may hit a bearish order block first then come back down to the 53093. If it goes up and does come back to the bullish order block, well then I missed out on the trade, but I'm waiting specifically for it to come back to the bullish order block Please forgive my chart, I know it's not the cleanest thing in the world, but you have to keep track of al the little nuances in Smart Money Technique to get it right
BITFINEX:BTCUSDLong
by BodiesXWix
$BTC Hit Bearish Order Block median--- twice. (SMT)***If you don't know Smart Money Technique Vocabulary, this may confuse you as we believe all charts in all markets are controlled by an algorithm, don't believe me? Pay attention to Inner Circle Trader. As his student, I've learned everything I know through him And he's so spot on*** It seems that bitcoin has made. Decent Run and no one can explain it. Well for one, It spent way too much time in the discount portion of the monthly fair value gap. And two it was nearig the end of the month and for the algorithm to work on it to keep going higher we needed to create a bullish order block on the monthly. That didn't happen but the bullish Order Block on the Weekly looks great. Yesterday before the end of the week, the orice dropped to hit the order block which propelled it into today to hit the median of the bearish order block, and that's why it stopped where it stopped (Bearish order block = last up candle before down candle closing below the up candle, measure that (weekly) in half and thats the median Bearish order block, right where BTC stopped) (Too Much time in the Discount portion of the Monthly FVG Chart) (Half the Order Block Stopping the momentum - Weekly) However if we don't get. quick fall like we have been getting when the price hits a bearish order block, but instead it has hit the mediann twice, I believe we're looking at price breaking that median barrier. It will probably zig zag for a minute to confuse people, (people will start chasing a buy, then it may sell off a bit, then they start chasing that) Watch for the lin of the very last bearish order block (4 hour 1 hour 15 min) If it appraches that it will get rejected but it could continue moving up trying to take out the liquidity above tht most recent swing high. That is what I personally believe it is going to do. 4 hour: $51,050 1 hour: $52,515 Above the most recent high lies all the liquidity where evereones buy stops, or sell limits are at, price wnts to get there if it continues to push up. I don't see anything in the form of liquidity on the way down. Mybe we'll get as high as the last weekly beariish order blocks median which is 59136 \ this is all Smart Money Technique, The best way to describe smart Money technique is to think about how you would normally trade, now think about the guy that has 1000000x more money than you knows you would trade, the chart is going with the guy that has 100000000x more money than you. Thanks for reading, Hope this made sense COINBASE:BTCUSD
BITFINEX:BTCUSDLong
by BodiesXWix
ICT OTE - QUICK 3/1 IN NY on EUR USD today Quick example of the OTE playing out with great confluence, Nice opportunity to snipe some pips from the market today and have risk on and off within 1 hour. ICT concepts and OTE play out in the markets often and with great accuracy and results. this trade had: HTF in favour POC sessions in favour OB areas to be mitigated Expectations based on extensive back testing Volume, Time, Price = ( Volume is the by product of correct time and price )
Short
by hunterprotocolFX
STUDY OF EUR/USD ICT Concepts, Optimal Trade entries Hi all, Just a very quick video to give an example of an OTE based on my studies of the ICT concepts on this pair and other pairs. I thought I would publish this idea not only to help others who may be studying the same thing but also to re affirm my own learning process. Disclaimer: I did not take this trade, This is simply study of historical data, I am sharing my work for the purpose of collaboration and assisting others with learning if they happen to be on the same journey as me. If you have any advice questions or comments please feel free, or if you notice anything I'm missing, or could benefit from then please comment. Would be great to swap ideas back and forth if anyone is also looking similar concepts. NOTES: the channel breaks to upside and downside aren't necessary to form an OTE but this helps to build a story of confluence to establish a bias. Dollar backed currencies - *Dollar backed Pairs* Inner circle trader OTE price action theory
Short
by hunterprotocolFX