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AUDNZD REAL DEAL OR TRAP ? BEARISH REVERSALHI HOPE YOU ARE DOING WELL ! I JJST SAW THIS MAYBE DOUBLE TOP FORMING ON THE H1 (MORE VISIBLE ON M15) AT THE PREVIOUS SWING HIGH. THERE IS ALSO A BEARISH DIVERGENCE. HOWEVER, IT SEEMS TOO GOOD TO BE TRUE AND I WOULD BE AWARE BEFORE TAKING THIS TRADE. AS WE ALL KNOW THERE ARE A LOT OF STOP-LOSS = LIQUIDITY ABOVE RECENT HIGHS SO I WOULDN'T BE SURPRISE TO SEE A STRONG PUSH TO THE UPSIDE TO TAKE OUT THIS LIQUIDITY ZONE AND THEN A BEARISH IMPULSE TO THE DOWNSIDE. OR IT COULD JUST BREAK THE NECKLINE OF THE DOUBLE AND CREATE AN IMPULSIVE BEARISH WAVE
Short
by Corbeau_FX
2
USDJPY PLAYED OUT AMAZING CHECK THIS OUT!!If you refer to my previous trade idea for USDJPY you'll see that I had the mark ups set up for a buy right around the blue box for the OTE on the fibs. Im currently up 71 pips from my entry if anyone took this I recommend taking partials and putting stops in profit because FOMC will begin soon. The market came exactly 4 pips away from my entry. I always execute on trade ideas when they are 5 pips away from my entry so this is a prime example for me as to why I don't use limit orders I always use market execution. Non the less I felt like sharing this on trading view to make my trade idea for USDJPY public as it is one of my favorite pairs to trade. I hope everyone enjoyed this. Talk to you soon.
Long
by JohnnWick
Dollar - $93.70Hello everyone, If you viewed my previous post you know that Euro tapped into 1.18450 and we're now seeing some movement to the downside - earlier this morning there was an opportunity to trade to 1.18450 - very clean movement. Now, I believe Dollar is bullish and will remain bullish up until $93.70 is traded to, $92.93 should stay if this bias is correct - if we trade below $92.93 consider this invalid or void. I am very excited to see what happens in this delivery Thoughts & Feedback appreciated
TVC:DXYLong
by CurranSotomayor
Institutional Trading Gold To 2100 I hope everyone has had a great weekend and you're all getting ready for another profitable week like me 😎 This is as simple as it looks but I will break it down for you. My 71% to 76.8% Fib Retracement golden zone aligns perfectly with that footprint in the imbalance I've marked. Most retail traders will see those equal lows and the bounce from 50% to 61.8% and think it's a rock solid support. Have you ever thought about how many Stop Losses are behind a level like that from traders who have gone long? The big market players do all the time and they call it liquidity. On top of that all the sell stop orders wether they're protective or speculative they will have stops not too far away just above that 50% to 61.8% zone. This is such a clean setup as well because Mondays and Fridays are manipulation days. It's significant a setup like this should fall on a Monday. I'm expecting price to range for a while and then go on a Stop Hunt to my area of interest. Grab all that liquidity and slingshot out of there. I'm simply suggesting we be on the winning side instead of the 90 odd percent of traders who lose money. It could go wrong because they're slippery these big institutions so you don't have to be as aggressive as me and aim for the very bottom of the pull back, you could wait for the reversal to become apparent and ride it up. Good luck everyone and as always if you like my work please show me some love.
OANDA:XAUUSDLong
by HadoukenSonicboom
2