EURAUD ThesisWe have trapped price in a horizontal channel in a very sensitive area. Therefore, whichever side it may break towards we can see some big moves this week as there is a lot of liquidity both ways the institutions can target. I will not be looking to take any trades till price breaks out of one of the zones we have outlined and then on the retest we can look for candlestick patterns or price action patterns to confirm out entry. With a setup like this we will be able to get a nice entry with a good RR ratio with a high chance price will go in our favour.
Good luck!
- Trading whilst the market is consolidating can eat your profits away...
P.S This is a speculative setup, not investment advice.
Institutional
XAUUSD short sell #XAUUSDshortthe price is losing strength, I see it marked by the turn it is taking (it is slow but the "bulls" are losing ground). I think the market is going to close lower zones, "everything that goes up falls", the XAUSD has already been in the range for a long time without generating new work zones, nor did it produce breaks of valid resistances to be able to expel the price to new levels higher and reaffirm the upward trend "buy low and sell high". Also a factor that I think is very strong would be that most small investors are operating with many purchase contracts and as we know, institutions may be waiting for a moment to absorb all those contracts and change the price towards lower levels and then start to buy to exceed the maximum historical prices as we have all been waiting since the year began.
el precio está perdiendo fuerza, lo veo marcado por el giro que está tomando (es lento pero los "bulls" están perdiendo terreno). Creo que el mercado va a cerrar zonas inferiores, "todo lo que sube cae", el XAUSD ya ha estado en el rango durante mucho tiempo sin generar nuevas zonas de trabajo, ni produjo rompimiento de resistencias validos para poder expulsar el precio a nuevos niveles más altos y reafirman la tendencia alcista "comprar barato y vender caro". También un factor que creo que es muy fuerte seria que la mayoria de pequeños inversores están operando con muchos contratos de compra y como sabemos, las instituciones pueden estar esperando un momento para absorber todos esos contratos y cambiar el precio hacia niveles más bajos y luego comenzar a comprar para superar los precios maximos historicos como todos hemos estado esperando desde que comenzó el año.
Institutional Trade IdeaI started off with my normal set up to trade London session by marking my midnight open, high and low of the week. I anticipate GBPCAD to make a lower low during the manipulation period before going up for a buy. I also got confirmation from the harmonic scanner of IM Academy.
I will wait until 2:30-3:00am EST to decide if I will enter this trade.
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.
GBPCAD trade idea for LondonGBPCAD is showing strong bullish movements after hitting off of a weekly bullish order block. Im looking for the market to drop about 30 pips around the daily oder block entries, depending on what EURGBP does during London open. That will be my main indicator on if GBPCAD will be a buy or not. Also I see the buy side liquidity pool has been created over time with the triple top. It's just a matter of time before it gets violated and we make a bull run, although I wouldn't really hold on to buys for too long on GBP pairs.
DXY ANALYSIS, TRADE IDEA FOR OTHER MAJOR CURRENCIESSince this is NFP us traders have to be careful with what trades we get into. Although if my analysis is correct we can catch some nice movements during NY sessions, Asian sessions, or London sessions. As of the beginning of the week I was bearish on the dollar and caught some very clean price action. I still am bearish to some degree. I want to see the DXY possibly for NY session trade into this Order block I have highlighted and drop down. It's important to note that the open of the Order I have highlighted was the close of a Bearish Daily Order block. For me these are confluences that the market will respect this order block and drop. If the market takes out this 4hr Order block we should see a run to that volume imbalance that I have highlighted. During this time of the year the dollar makes initial lows and makes a run to the upside throughout the summer so I would like to catch the lows and look for some short opportunities on major currencies in the long run.
GBPJPY trade Idea This was a more deeper trade idea for GBPJPY than the one I had posted on it for a higher tf. Look at how the market respected this FVG candle and took off. This is what I like to see happen in the markets. Note this trade idea wouldn't be correct if it wasn't for my trade idea for EURGBP since I was bearish on it and the trade idea was correct. GBP's had to go the other way if you look at the GBP's they followed as well.
EURGBP TRADE IDEA This was the trade Idea that I gave out last night and look at how it played out. Everything was nice and clean. When you spot these price actions there's nothing to be afraid and of course if you are risking the right amount of money even if I was wrong in this situation I would of lost 20 pips which is not bad at all. My SL would of been around the entries for the OB entries. Now a FVG candle is where we usually see violent price action in one direction if you spot the right one you can use it to get into a trade idea. Since I was bearish on EURGBP that means I should be looking for buying opportunities on GBP's and I did I also went over GBPJPY on another idea and it played out well.
EURGBP TRADE ANALYSISI would like to see EURGBP drop since it hit off of a bearish Daily Oder block. That gave us a nice reaction to the down side. Now I would like to see the market show a sign of retracement for us to capture some sell entries and have the market continue to the downside just like how I said. It's important to notice how the market will take out that liquidity pool because that will tell us if it will continue to drop, rise off this level or consolidate at that price. Also keep an eye on that bullish oder block that I highlighted the on the one hour timeframe we could see some reactions off that level as well.
Possible ideas for Brent Crude OilThe price could move up to take out the liquidity formed above $35.8-ish level, before moving down to mitigate. The.618 fib level matched up nicely with the sell before the buy on the 15 min chart.
The price might then move up to fill inefficiencies in the $45-50 region.
I'm pretty new to this so any criticism would be appreciated :)
AudNzd sniper strategyWe see 88.60%area interest for institutions,bank want to get to that area to do reversal and take all liqudity.
Stop lose is on last wick.You can put pending position or you can enter with market exucution.
Swing trade setap..Its maybe take a 2-4 days to hit take profit.
Just trust the proces and evrything it bee great :)
Dont overelavrege,do 0,5% or 1% per trade,that trade is high RR ratio.
We have big numbers 1,0600, and 1.0800 banks love thaths numbers.
GBPJPY ThesisPrice has come to a sensitive zone right now where we may see sellers step in and take control of the market. The market has been moving in an ascending channel on the lower time frame which may result in buyers stepping in as they believe the market is now in an uptrend. however, basing my Bias on the Higher time frame i Believe the market was just correcting to come to our order block zone so the institutions can load up their sell positions at premium price where we can perhaps step into the market for a sell which we can get a very good RR ratio and a high probability the market will go in our favoured direction.
-Good luck!
- This is a speculative setup, not investment advice.
USDCAD ThesisWe can see that at the last zone of resistance price started showing bearish tendencies which attracted a lot of retail traders to step into the market with an attempt to push price down. Then a large Institutional candle was formed which trapped sellers into the market and took price above the level of resistance to grab the liquidity (STOP LOSSES) there and then the Large institutions saw this as an opportunity to sell at a better price and sold.As a result of the retail traders being stopped out for a sell last time this may encourage them to have a buy Bias on this pair and most likely have their Stop Losses at the equal lows which may now be targeted. I expect price now to go short from the 1hr OB and collect liquidity at the zones below.
-Good luck!
-Trading is a game of probabilities, manage risk to resume playing following day.
- For more setups/ Trading gems check out my ig page at @Tradelikeo
-This is a speculative setup, not investment advice.