Institutional_trading
GBPUSD Supply & Demand Analysis M30Finished the week with this nice trade.
Demand orderblock using wyckoff. Consolidation and then a fakeout. I was waiting for price to make a retest, it formed an engulfing which on lower timeframe was another orderblock, then it retested it and took the liquidity created by the big bearish m30 candle.
GBPAUD Supply & Demand M30 AnalysisGBPAUD has a very significant liquidity level above. I expect price to grab liquidity while making an OrderBlock. Then, after taking orders from the OB, price can continue down to grab the liquidity from the downside. No bullish orderblocks exist to stop the price from doing that imo.
EURUSD daily timeframeInstitutional traders are large players managing great sums of trading capital. They include Investment Banks, Hedge Funds, Mutual Funds, Investment Firms, and some large Commercial Corporations. Institutional traders can manage their own funds but also their clients’ funds. The Euromoney Survey can provide a good insight regarding the top institutional players in the Forex market.
EU will be bullish for a weekClearly looking at EURUSD on the Daily timeframe you'll see that it's about filling an imbalance, and secondly it will be filling it in the Daily timeframe so it's gon' take enough time, and if you go down to the H4 timeframe you'll see a mitigation block and also price has retested the mitigation key level, and it formed Drop,Base,Rally (DBR) so next week EURUSD will be so so bullish so ride along with me.