Order Blocks: Unveiling Institutional Footprints in Forex 2024Order blocks are price zones on a chart where large market participants, like institutional traders, have amassed significant buy or sell orders.
Ictstudent
MMBM for January.I'm not sure about what the first quarter of the year will bring, but I would like to see a bullish response towards the weekly gap. If I'm correct, we are in the 2nd re-accumulation stage of a Market Maker model on the 1D timeframe, so the price should make a strong upward move. In case the idea is invalidated, I'll be looking at the sell-side liquidity below 2144.5.
See weekly chart for context:
CJquestion via link in profile
SMTs with GJ followed by booking higher Prices. I want to see if CJ could run that old high
Up to +100%, let's take a look at this analysisGood morning investor, after a reaction in the extreme overbought zone (OB), we've seen a positive response.
We might be heading towards the previous high and potentially gain up to +100%
GOLD Weekly Idea - 17/12/2023After taking a Weekly high and the buy stops at that level, price created a bearish orderblock on the daily timeframe and bounced back perfectly at it around 2035 this last Friday, now price will likely go for the sell side around 1973.
EURUSD Weekly Idea - 17/12/2023EURUSD left equal highs around 1.10173, price will likely take the buy stops after closing the fair value gap between 1.088 and 1.083 or it can stops at the 50% of the fair value gap which is 1.085.
EURUSD sell trade ideaI am going to sell EurUsd around 1.03 price level. Entry is based on the 5 min chart. Looking to take out the 1.01 liquidity. I will update my entry and stop loss here!
THE EURUSD MARKET OUTLOOK FOR THE SECOND WEEK OF DEC 2023 I'm very glad to see price deliver efficiently as called in the previous week.
Please do support me. THANKS
EURAUD BEARISH EURAUD we are expecting a drop on Australian dollar as of NEWs impact is on our side NOTE: BE AWARE ON NEWS BEFORE EXECUTING
NQ long Setup Daily: there is a BISI where price is currently finding support
4hr price has taken out asian low/ sell side liquidity, also seen on the 1hr
15 min price has broken short term high creating a FVG and order block that will be a area of interest for longs
Possible Shorts tomorrow in NQafter talks of interest rates still high by the FEDS the market traded lower -0.85%, price swept buy-side liquidity of the previous day’s high and closed below the previous day’s low signaling a potential bearish outlook for Friday. There was a structure shift seen in the 4-hour time frame with multiple bearish fair value gaps, which can also be seen in the 1-hour time frame. My anticipation coming into tomorrow is to see a Buy Side liquidity sweep into one of the fair value gaps getting above the new day's open and shifting back down creating a Power of 3 model in the pre-market hours or around the New York Open with targets at the daily imbalance or this week's opening price.
NZDUSDNZDUSD Pressure on the upside to the POI as bears seek more orders above the fair price line. As for our HTF order flow is BEARISH but we wont stop hunting for profits above price
GBPUSD BULLISH ORDER FLOWThe idea is to find liqudity as price moves from discount to premium with our guide from 4hrs timeframe PD Array.
Bitcoin dont get fooled!!I really like to se this scenario taking place for the rest of the week but it can keep runing higher and se some tipe of retracement friday.
Waiting for poweel speaks 16.35 EST today for confirmation.
BTC bearish scenarioIn case of a reversal from these levels, we could see a further move higher before displacing towards lower prices.
BTC reversal or bullish break?We reached an interesting area that set the stage for a potential reversal or a breakout with continuation. Either way, the next move will be an interesting one.
Currently sitting on my hand, waiting for price to show the way :)
10.24.2023 NQ AM Session Looking ahead to the NY AM session, a bullish weekly profile so far. Monday's session established an Opening Range High for the week, a common occurrence for the first trading day. Anticipate a decisive move away from Monday's high, targeting opposing liquidity as a potential manipulation.
Pay close attention to the 10/23 9:30 LOD (Low of Day), a crucial reference point. Below this level lies a historically relevant 1D FVG (fair value gap), providing a strategic entry point. From there, anticipate an upward expansion into levels outlined in the weekly outlook.
It's worth noting that while these projections are made prior to the London session, market dynamics may evolve. Nevertheless, these are the developments I'll be monitoring closely. Happy trading!
News for tomorrow:
9:45 AM Flash Manufacturing PMI
9:45 AM Flash Services PMI
10:00 AM Richmond Manufacturing Index
4:35 PM Jerome Powell speaks
10.24.2023 DXY OutlookFollowing an inverse session against the indices, DXY took a sharp dip, signaling a potential shift. Anticipate a rebound in DXY as part of a strategic manipulation within the weekly profile.
Examining the 12HR chart, a conspicuous buyside imbalance presents itself, offering a potential opportunity for a downward move later in the week. Historical reference points, including the Daily FVG and Weekly FVG, may come into play, potentially driving prices lower. It's crucial to bear in mind that these observations are made well in advance of market open, and conditions may evolve. Additionally, keep a close eye on Jerome Powell's post-market address, as it could significantly impact the Dollar. If DXY undergoes consolidation tomorrow, expect relatively subdued activity in the indices. Stay vigilant and trade wisely!
10.27.2023 DXY OutlookDollar has been trending up lately as we are now in the 2-2.5 zone of a Daily (1D) timeframe "Breaker". An area that we can see a retracement (in this case). A think this weeks price action, can set up us for higher prices and not a complete correction.
Targets:
- 105.975
- 105.868
-105.772-105.732
GBPUSDPrice Accumulating higher as of this upcoming week, as we wait for buyers to trigger high time frame key levels to be taken out before sellers dominated in mid weeks price decline.
