Ictstudent
EUR/USD short term and long term targetsin accordance with DXY, EUR:USD analysis suggets that it has a short term target going lower towards 1.10129 level before targetting high prices towards 1.12757.
The logic behind is based on a buy and sell programs, please refer to chart for more insights.
GBP/USD confirms also this trend with a short term retracement towards 1.30316 before going higher.
Please note that this is not a financial advice nor a signal. It's my though about fx market at the moment, it's subject to change according to Fed's decision on Sept 18 & ECB's decision on Sept 12 about rate cuts.
NFP was TradeableUS Non-Farm Payroll was tradeable.
First of all, a big news event is the only thing that could change directional bias if it were to change.
We were in a HTF equilibrium.
With consolidation in that equibrium.
We took out the sell stops from that consolidation, then directional Bias was confirmed in the event.
PEPEUSDTHi
As you see in the chart we have parallel channels that candles move on them clearly
on the other hand we have OTE + FVG and Order block
so i expect that channel will be break and candles are bearish till FVG in 1h
then we can start Buying from 0.00001502 with a SL on 0.00001478
every 4% save your profit
BTCUSDTAs you know BTC faced a FVG and we expected to see bearish candles .
Now in this situation bearish candles are going to be finish in FVG that i show you in the chart then we expect to see bullish candles .
in this bullish FVG we can see OTE too so it can be more possible for us to see this bullish trend
[TRAIDNG SHOW]24.05.07 FX:NZDCAD HOW TO BUY
As shown in the picture,we determine the current daily chart is a bullish.How to buy?
As the SMC concept,we must wait.Now is not a good position to enter a trade, we need to wait.
The optimal is Pullback,lets get a good long position.
The second choice is reach a higher high,and we get a new pullback step.
Be remember Risk Reward is first principle
Good Luck Folks
All you should Know about Nasdaq (ICT)In fundamental analysis, we observe a market surge following a liquidity uptake beyond the all-time high, marking a new peak in NQ. However, inflation rates indicate that the Federal Reserve is hesitant to reduce interest rates. Even with a 5% interest rate, inflation is on the rise again. This suggests that the Fed may abandon the idea of lowering interest rates and maintain them at 5% until the year's end.
Nevertheless, last week witnessed positive outcomes from companies such as Tesla, Microsoft, and Google, which revitalized market sentiment and led to a resurgence. However, concerns linger regarding the possibility of the Fed raising interest rates by half point, which could pose challenges for the market.
In technical analysis, we observe the price targeting the sell side for Tuesday, February 30th, 2024, retracing to the gap on Monday, April 15th, 2024, above the equilibrium and within the premium, allowing new sellers to enter. The next target is the order block from Tuesday, January 16th, 2024.
Liquidity Void Filled but we did not enter.This event happened outside of our High Probability Time Windows.
Why enter When the probability of you being right has dropped off precipitously?
Greed and Desire will tell you to hop in the markets then. Not Sound Trade Logic.
That's Trading Psychology my friends.
Better the psychology the better the profitability by dogging needless losses.