Institutional
The numbers seem unreal, but when you zoom out it looks logicalFor years there has been talk of "expanding cycles" and how this bull run will take longer than ones in the past. This may not be the case. Institutional FOMO is setting in and bringing in a whole new class of investor that bitcoin has never seen before. I believe these deep pocket, strong hands will cause bitcoin to rally faster than anyone is expecting.
I am not a professional or a licensed financial adviser. This is for educational purposes only and is not advise to buy or sell.
EURUSD - the big shortThe institutional investors have being accumulating short positions since October 2020, now the price is located in a very important zone where a 1000 pip movement would be the maximum potential that I give to this short opportunity. This is the types of trades that could last several months.
USDCAD 1:4 potentialIn a weekly and daily downtrend. Price mitigated from an institutional area this morning and has been going down since, creating support levels and breaking through them to the downside promptly. I believe we are going to see price go below the 1.27200 support level on a larger timeframe. It lines up with the bearish price action on larger timeframes, and i'm willing to bet that there's a lot of stop losses sitting in that area.
EURAUD looks bearish for me for the month.
EURAUD looks bearish for overall bias. but we got some Imbalance and targets on the upside which can be reached to get grabbed. AUD seasonality for the month of December is bullish and EUR is also bullish so I can see if the upside target can be reached or not. overall bearish for me. any question comment below.
Thank you
GOLD is TOO Valuable..Here's my trade idea on GOLD for the coming week. Gold is a valuable metal and it's always best to buy the dips with proper analysis of course. Here I've outlined my thought process behind the pair.
Key:
+OB - Bullish Orderblock
SSL - Sell Side Liquidity
MRL - Major Resistance Level
MSL - Major Support Level
GBPUSD - Liquidity TrapStill looking at a trap for Liquidity on Cable going into this week.
There are some nice lows that I'm looking for failure around providing a high probability move to the upside (targeting the FTA - First Trouble Area).
Why do I trade these liquidity traps?
Reason 1 - Because when price breaks structure, the breakout traders have their pending orders (Sell/Buy Stops) activated to which the institutional players will trap by failing the break and pulling price back slightly to close above/below previous structure, invalidating the breakout traders ideas so they will either hit stop or pull out of their order due to fear or rules.
Reason 2 - Because any retail traders who are currently still holding positions usually have their stops placed beyond structure/swing points creating a mass of orders. If you're not aware if you're short the market you have to buy back your position and if you're long the market you have to sell back your position.
For both of these reasons this creates a high volume area of transactions in the market creating high liquidity. If you study what the big players do at these areas, watch your strike rate grow!
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EURUSD - Liquidity TrapI see a potential Liquidity Trap above this high on EU.
There's going to be a lot of stops above this high as It's a fair swing point and as we know retail traders love having their stops above/below swing points.
If we can fail to close above this level I will short to the FTA highlighted by the horizontal line.
"Why are you certain there will be a reaction here?" - you might ask.
Well if short traders have their stops above this high, as price squeezes and stops them out they will have to buy their way out of the order which provides a mass of buy orders or liquidity to the institutional players who need that liquidity to get their full positions in the market. They will then enter short to squeeze out any long traders who have traded the breakout or predicted the change in trend.
And that's why we're in and out of these trades and will only trade to the FTA because you often find once price hits the FTA it can go either way.