EURAUD Potential Sell LimitClearing the imbalance at the 0.618 retracement off the last institutional candle for entry, and moving to follow the current structure of lower lows. Might take it longer; TP was set to 3.18:1, but could deeper.
Imbalance
Imbalance Trade EURAUD 1hr Imbalance Gap
50% Fib from zone or High of the zone for Entry
1:2 R/R @ 20 pips
Possible Election Rally “if _______ wins?”Price has retested the average price of the bullish orderblock on the daily timeframe.
Higher Low’s being formed on the 4Hr timeframe along with a liquidity tag show signs of bears loosing control. Which is starting to create an imbalance favoring the bulls.
🎯: Untested bearish orderblock off the daily.
::: Election :::
We could see a crazy rally and a major sell-off tomorrow/Wednesday. It all depends on rather Dems or Reps win on the overall outcome. Though with the Election Day we could see whipsaws in price due to the ballot intake this year.
GBPUSD Trade IdeaHere is my GU analysis. I think that since the imbalance has been filled, price will break the channel and return to a previous continuation block.
eurjpy break and retest short move.eurjpy broke structure and fell down. waiting on retracement and retest of the bearish engulfing due to a quick imbalance of price that was created.
potential 5.88 RR
XAU/USD LONGPrice is pulling back to a 15 minute order block (refined to 5 minute). I am looking for price to retrace and go long to fill previous imbalance marked as the outlined box. I then used fib golden zone to add extra confluence.
This is my first time trading XAU/USD so we'll see how it goes!
Xau/usd gold longPrice is pulling back to a 15 minute order block (also refined to 5 minute). I am then looking for price to retrace and fill in imbalance marked up as the outlined square. I also used fib (golden zone) for extra confluence.
I am not usually a gold trader this is my firdt ever gold markup so we'll see how it goes!
USDCAD Sell off Continuation - Institutional TradingLooking for a sell for the sell off continuation.
Market is maintaining structure and Im expecting a retracement all the way to the open of the 1h Open.
Since we did not have the "bottom" yet analysis can change depending on the duration of the extension to the down side.
Look for buys at imbalance areaAfter a little retracement we are looking to sweep te lows into the imbalanc area .
on the imbalance area we can see an great R:R ratio.
Look for long entry on USDJPYWait for an rejection or wick in this area then wait for that rejection to close, then take the trade or place a BUY limit.
Look for Short entry on EURUSDWait for an rejection or wick in this area then wait for that rejection to close, then take the trade or place a SELL limit.
Look for long entry on XAUUSDLook for an rejection or engulfing candle in the area of our entry or place a buy limit.
Look for long entry on USDCADLook for an rejection or engulfing candle in the area of our entry or place a buy limit.
Tracking MOC vs SPY (also potential Long Signal)First off, MOC and MOC Imbalances are two things I am still in the process of learning and understanding better, so I am not claiming to be an expert on the topic. Please chime in if I have wrote anything incorrect or if you have something valuable to contribute!
A Market-On-Close (or "MOC") order is an order sent to trigger near the market close. We see this pretty routinely trigger 10 minutes before the closing bell, and it often produces some fireworks with sudden, spiky moves in one direction or the other. There is often an imbalance in one direction-- Buy, or Sell-- which can sometimes seem random, but when smoothed can help show flows into the market or out.
I took a little bit of time to just color the periods on SPY in the last year or so for the 4 scenarios of the 20 day moving average of MOC imbalance. They are as follows-
DARK RED MOC is Below 0 and Increasing in that direction --> Sell Imbalance
LIGHT RED MOC is Below 0 and Decreasing/Reversing
LIGHT GREEN MOC is Above 0 and Increasing in that direction --> Buy Imbalance
DARK GREEN MOC is Above 0 and Decreasing/Reversing
I think you could generally say these phases of the MOC Imbalance correlate with SPY. The two phases of Light Red and Light Green (moving from a Sell Imbalance to Buy Imbalance) have generally shown to be good old fashioned bull fun. Dark green often is a profit taking phase. Dark red is usually when its too late or just the start of the descent.
Here are crude measurements of the light red and light green phases, their gains and length of time-
+4.39% in 44 days
+7.27% in 50 days
+4.22% in 30 days
+4.50% in 24 days
+4.55% in 45 days
+25.00% in 31 days
+15% in 24 days
Presently, so far: +4.15% in 15 days
The times I did not include, which are obviously the recent outlier, is from February to early March. If you had a good chart of the 20sma MOC in front of you like I do, you could see there were a couple times when it looked like the MOC had reached its bottom and was going to start reversing and heading towards a Buy Imbalance, only to get rejected and keep selling. The actual confirmed bottom never happened until March 20th, so you could say that was the true start of this light red colored area, but I felt it was relevant to still color those as if it was a real-time scenario. It also helps show how that crash really manifested itself, with a lot of traders/investors thinking the end of February is just a dip or buying opportunity, to manifest into a rug pull.
Myself and others have been thinking this week and last that a melt-up is on its way, and the MOC turning above 0 today to a Buying Imbalance could be a great bit of data to possibly confirm this.
Where do you find MOC Reports? I only started looking at them recently from Market Chameleon so unfortunately I do not have any great resources to point people towards other than Market Chameleon. I hear that its publicly disseminated information, though.
Here's their -free- daily report- marketchameleon.com
They also have a more aggregated report, which is what I used, but that is behind a pay wall.
GBPUSD LIQUIDITY RAID SHORTliquidity raid taking place, entry short should be the lower high, SL above HH
DXY ANALYSIS for upcoming weeks CHECK IT OUT So As of right now I would be looking for short term and possibly long term BUYS on foreign currencies because I am bullish on the dollar. If we have a drastic market structure shift in the dollar then I will change my bias on the DXY and post it here. As you could see the DXY came down to the Order block but just missed the price on the mean threshold by a few pips that's why I said above short term buys and maybe not long term. If it would off came down to the mean threshold and tapped it along with reacting of that level that would off been more confirmations on a longer term scenario bullish prices on the DXY. After that happened you can see that I had the DXY prices for the FVG candle that was also tapped into but not fully filled in so for me this is telling me that there aiming for higher prices, such as some levels I have highlighted.... Enjoy and good luck trading.
1:5its lit. I see a big red imbalance and I Want that filled. I am favoring the buy but if it breaks below my bullish engulfing zone ill look for sells. I am more of a break and retest trader. I dont take many rejection/retest of support areas.
GBPJPY trade Idea I would like to see GBPJPY make a run to that Volume imbalance. If you take a look at my last post about this pair you'll see how I dissected it on a lower timeframe. This market is showing a lot of bullishness I'll be expecting some lows to form and look for Buy entries. After the market took out the recent oderblock it was telling me that we are in bull territory so now we just look for retracements and wait. Also I am bearish on EURGBP so when EURGBP is bearish we will see GBPs do the opposite.
