Get started

Ictstudent

LONG EURUSDLONG EURUSD First idea published. Don't execute on this. Friday-Monday AM - correction from previous week impulse leg Sunday NY PM Session 13:00 sharp - correction reaching into HTF (H4) order block from previous week - potential low of the week formed Tuesday London Session - impulse leg - leaving previous day high and candyland intact - liquidity at candy land = multiple rejections at that level + FVG - liquidity at double top, additional liquidity just above candyland) Trade Idea - Tuesday NY 8:30 correcting in discount territory of london impulse leg - Tuesday NY 9:30 reaching for new highs Short-Term Trade Entry (until end of week) BUY LIMIT 1.09470 GSL 1.09197 TP1 + BE 1.09979 TP2 1.10730 TP3 1.11831
Long
by consciousLizar69776
New York Midnight Open - Influential. Here is an example whereby the New York Midnight Open (NYMO) was influential. Overnight trading and pre-equities open was drifting just below the NYMO price. and once it broke above for the 2nd time with intent...it rallies hard higher for remainder of the mornings session. However, as we breakdown lower, approaching the breakout area of the morning's rally, we see a great deal of support and unwillingness to break down further; as we enter the final hour of trading. This is likely due to the original displacement 15min FVG / BISI which triggered the morning's move, with candle bodies respect the C.E. of the FVG, now acting as support. And within that same vicinity is also the NYMO price. The market dips below the NYMO price, hitting the Bullish Order Block (+OB) perfectly, right at the 15:15 to 15:45 macro. Which fires the market higher before the equities closing bell, running against those who were short from the lunchtime/afternoon run lower.
CME_MINI:ESM2023Education
by Waterworks03
$EURUSD Possible 5:1 Scalp *SMC**SMC = Smart Money Concept. See related Ideas* It's showing willingness to go to buy side on a Tuesday meaning this could make the high for the week. I put the entry as now, put the take profit near the current high could be below, and the stop loss at the xurrent low minus the average true range and you'll get 1.88. I believe this should result in a winning trade if not at least 30 pips. even though I think i have it much more than that. Good Luck! OANDA:GBPUSD MOEX:GU1! TVC:DXY
Long
by BodiesXWix
2
[O] - Weekly - ShortPotentially might see price find small amounts of support at the bottom of the weekly FVG / BISI - as price completes a rebalance of an imbalance. Lines up with the 75% fib retrace. Fallback would be the volume imbalance resting just below the FVG. Seeing how price reacts at the FVG and or VI would be key as to whether we see strong or weak level of support for a potential upside retracement. However, price action remains very heavy with no up-close candle insight in previous 7/8 weeks. No clear and obvious upside objectives or draws on liquidity (other than a small VI). Whereas, there are multiple discount PD arrays outlined, which are likely the root cause of heavy downside draw on liquidity. 1st target - previous large downside leg's low - $55.50 2nd/3rd target - RELs outline at $55.28 and $54.54 4th deeper target - high of weekly liquidity VOID - $52.45 Do you agree? Have I missed something? Let me know of your thoughts.
NYSE:OShort
by Waterworks03
$GBPUSD - Fed Rate To Rally Dollar Until 2Q *SMC**SMC = Smart Money Concept - See related Ideas for Tutorials on these concepts. I pulled two smart Money Fibs on the latest waves. The largest of the two has a Liquidity point that could be broken by the end of the quarter as "Smart Money" or the intuitional powers that be, may push it that way. After it breaks the Liquidity Level (Below 1.20120) or near the top of the Order Block, which is also my first safe entry, then I believe The Pound will catch up and turn Bullish. So My SL is 1.18693 and Take profit is 1.25092 making it a 2:1 R:R I'm taking the Smart Money principles and risking the Most that you should at 3% of your account. Typically, you don't want to risk more than 2%. Just an FYI for any new trader that maybe reading this idea. Happy Trading - BXW
Long
by BodiesXWix