Innercircletrader
EURUSD potential Forecast | Friday 25th November 2022Hi there guys,
I mainly use ICT + Smart Money Concepts for my trading.
Here's a trade idea for Friday, November 25th 2022.
Abbreviations
BSLQ : Buyside Liquidity
SSLQ : Sellside Liquidity
FVG : Fair Value Gap
MSS: Market Structure Shift
Analysis
- Grey Box Asian Session
- Previous daily high / low
Scenario 1 Long:
Price could possible form a MSS at 1.04293, before looking for a possible retracement buy to the upside clearing out the Previous Daily High.
Scenario 2 Short:
Price could possible form a MSS at 1.04046, before looking for a possible retracement sell to the downside clearing out the Previous Daily Low.
For entries, always use confirmations on the smaller timeframes! Stay safe trading!
Feel free to follow me, comment + boost this post if you guys enjoyed this!
Regards,
Chen Yongjin
EURUSD Trade Recap | 22nd November 2022Hi there guys,
I mainly use ICT + Smart Money Concepts for my trading.
Here's a trade recap for a trade I took on 22nd November 2022.
Abbreviations
BSLQ : Buyside Liquidity
SSLQ : Sellside Liquidity
FVG : Fair Value Gap
MSS: Market Structure Shift
Analysis
- Noticed the Asian high as buyside liquidity
- Saw a clear shift in market structure with strong displacement
- M15 FVG
Entry
After price caused a MSS with strong displacement, I took an entry at 1.02573, where the m15 FVG is located. I targeted the Asian Highs as take profit since I'm a intraday scalper.
For entries, always use confirmations on the smaller timeframes! Stay safe trading!
Feel free to follow me, comment + boost this post if you guys enjoyed this!
Regards,
Chen Yongjin
EURUSD potential Forecast | Wednesday 23rd November 2022Hi there guys,
I mainly use ICT + Smart Money Concepts for my trading.
Here's a trade idea for Wednesday, November 23rd 2022.
Abbreviations
BSLQ : Buyside Liquidity
SSLQ : Sellside Liquidity
FVG : Fair Value Gap
MSS: Market Structure Shift
Analysis
- Nice order flow on the h4 chart
- 4hrs FVG mitigated
Idea
Since price reflected off the H4 FVG strongly pushing price back to the upside, I am expecting price to possibly head towards the H4 FVG at 1.03377, before I look for a potential short scalp.
For entries, always use confirmations on the smaller timeframes! Stay safe trading!
Feel free to follow me, comment + boost this post if you guys enjoyed this!
Regards,
Chen Yongjin
EURUSD potential Forecast | Tuesday 22nd November 2022Hi there guys,
I mainly use ICT + Smart Money Concepts for my trading.
Here's a trade idea for the beginning of this week, Monday, November 21st, 2022.
Abbreviations
BSLQ : Buyside Liquidity
SSLQ : Sellside Liquidity
FVG : Fair Value Gap
MSS: Market Structure Shift
Analysis
- Nice order flow on the 1hr chart
- 2 MSS in a row confirming the shift in market
- 1hr FVG mitigated
- 4hrs Breaker Line
- 50% Fibonacci line
Idea
Expecting price to possibly continue it's bearish momentum into the 1.02088 discount area where the 50% Fibonacci line and 4hrs Breaker line are located.
For entries, always use confirmations on the smaller timeframes! Stay safe trading!
Feel free to follow me, comment + boost this post if you guys enjoyed this!
Regards,
Chen Yongjin
Backtesting ICTKept it simple with the power of 3 formation. Looked for shorts only this week as it is only retracing
EURUSD Trade Recap | 9th November 2022Hi there guys,
I mainly use ICT + Smart Money Concepts for my trading.
Here's a trade recap for a trade I took on 9th November 2022.
Abbreviations
BSLQ : Buyside Liquidity
SSLQ : Sellside Liquidity
FVG : Fair Value Gap
MSS: Market Structure Shift
Analysis
- I noticed that price has already tapped in the m15 FVG
- Price swept the equal lows
- Equal High liquidity spotted
Entry
After price cleared the equal lows SSLQ, I saw that MSS has formed and took an entry at the m15 FVG with take profit at 1.00345, where the equal highs and BSLQ are located.
For entries, always use confirmations on the smaller timeframes! Stay safe trading!
Feel free to follow me, comment + boost this post if you guys enjoyed this!
Regards,
Chen Yongjin
XAUUSD potential Forecast this week | 21st November 2022Hi there guys,
I mainly use ICT + Smart Money Concepts for my trading.
Here's a trade idea for the 2nd last week of November.
Abbreviations
BSLQ : Buyside Liquidity
SSLQ : Sellside Liquidity
FVG : Fair Value Gap
Analysis
Weekly bias: expansion to the upside
- Daily FVG spotted
- Breaker block spotted
- Equal highs above the daily supply zone
Idea
I am expecting possibly 2 scenarios for gold this coming week.
1.) A possibly retracement to the Daily FVG at 1747.385, before price heads to the upside.
2.) A deeper retracement to the 1725.600 area where there is the 38.2% Fibonacci retracement line and the breaker block, before price pushes back to the upside.
For entries, always use confirmations on the smaller timeframes! Stay safe trading!
Feel free to follow me, comment + boost this post if you guys enjoyed this!
Regards,
Chen Yongjin
EURUSD potential Forecast | Monday 21st November 2022Hi there guys,
I mainly use ICT + Smart Money Concepts for my trading.
Here's a trade idea for the beginning of this week, Monday, November 21st, 2022.
Abbreviations
BSLQ : Buyside Liquidity
SSLQ : Sellside Liquidity
FVG : Fair Value Gap
Analysis
- Nice order flow on the 1hr chart
- Daily FVG
- 1hr FVG
Idea
Expecting price to possibly tap into the 1hr FVG at 1.03378, before heading downwards towards 1.02729, where the Daily FVG is located.
For entries, always use confirmations on the smaller timeframes! Stay safe trading!
Feel free to follow me, comment + boost this post if you guys enjoyed this!
Regards,
Chen Yongjin
EURUSD potential Forecast this week | 21st November 2022Hi there guys,
I mainly use ICT + Smart Money Concepts for my trading.
Here's a trade idea for the 2nd last week of November.
Abbreviations
BSLQ : Buyside Liquidity
SSLQ : Sellside Liquidity
FVG : Fair Value Gap
Analysis
Weekly bias: expansion to the upside
- Daily FVG Spotted
- Weekly Supply zone spotted
- Liquidity resting just below the weekly supply zone
Idea
Expecting price to possibly tap into the daily FVG at 1.02729, before expanding to the upside towards the weekly supply zone at 1.06273.
For entries, always use confirmations on the smaller timeframes! Stay safe trading!
Feel free to follow me, comment + boost this post if you guys enjoyed this!
Regards,
Chen Yongjin
EURUSD potential Forecast | 14th November 2022Hi there guys,
I mainly use ICT + Smart Money Concepts for my trading.
Here's a trade idea for 14th November 2022.
Abbreviations
BSLQ : Buyside Liquidity
SSLQ : Sellside Liquidity
FVG : Fair Value Gap
Analysis
- I notice that price closed on the Daily with a very strong bullish candle
- Also spotted the BSLQ at 1.03688
Idea
Looking for price to clear the BSLQ at 1.03688, where heading towards the Daily Supply zone at 1.04171.
For entries, always use confirmations on the smaller timeframes! Stay safe trading!
Feel free to follow me, comment + boost this post if you guys enjoyed this!
Regards,
Chen Yongjin
XAUUSD potential Forecast POST NFP | 7th November 2022Hi there guys,
I mainly use ICT + Smart Money Concepts for my trading.
Analysis
- Last week due to the release of NFP data, price tapped swept the sellside liquidity before gaining strong bullish momentum to the upside
- I also noted out the 2 Daily Fair Value Gaps & buyside liquidity areas.
Idea
Expecting this strong bullish momentum to sweep the buyside liquidity at 1684.620 and potentially bring price to the Daily Fair Value Gaps areas at 1684.040 & 1699.915 respectively
Areas to take note of
1st Daily FVG: 1684.040
2nd Daily FVG: 1699.915
Buyside Liquidity: 1684.620
For entries, always use confirmations on the smaller timeframes! Stay safe trading!
Feel free to follow me, comment + boost this post if you guys enjoyed this!
Regards,
Chen Yongjin