Institutional_trading
Expecting EURUSD to grab some liquidity before next rally. Based on studies of Wyckoff price action/cycles, Mentfx (YT) order blocks concepts, and ICT (YT) institutional price action concepts.
My speculation for this week is the USD continuing to fall, thus boosting the the EUR. But, smart money needs to fill some recent inefficiencies first. I'll be looking for a fake trend break at of before Wednesdays NY open/London Close to accomplish this, wipe out long stops and collect liquidity before next rally through the end of the week.
Watch This If You Are Not Profitable In The Forex Market!!I am teaching the institutional methods of trading rather than trading the normal retial concepts such as support resistance. I trade using institutional strategies.. If you guys want to learn how to think and trade like an institution follow me i will be dropping some real gems here for free !!
I will be dropping videos on my new youtube channel soon
Subscribe if u dont want to miss out
www.youtube.com
21/04/2021 London OpenAnalysing the financial markets for opportunities in the London session. First of I'd like to say I'm not a financial advisor so please of you're going to copy my trades please do so at your own risk.
Scanning through the markets this morning and going through our confirmations, we have noticed a few trades but stand out. But one in particular is GBPCAD. Meeting all of our confirmations which we look for when taking a set up.
I then went across to ForexFactory.com To see what upcoming news we have for the day and something that caught my eye was. Up coming CAD news at 3:00 and 4:00pm UK time. So with this I'm hoping that, it will stay in our range come down to activate our pending buy limit. Then with the news it will give us a big push to the upside to capture our target of liquidity. There's a few things I'm looking at this morning but this one stands out the most to me. I'll be back at 12:00pm UK time for the NEWYORK session. See how the trade is getting on, whether another trade is looking cleaner to take and market direction for the rest of the day. Enjoy your morning people :)
275 pips EUR/USD swing tradingThis idea I made is based of smart money concepts. There seem to be several confirmations that this trade will go as planned. News affecting the price of the USD is going to be released on Monday too, which is expected to be good for USD. This reinforces this trade as the USD being stronger will make the EUR/USD pair go down in price in a faster amount of time. I will probably hold onto this trade until maximum early May.
Stop loss - 52.7 pips
TP1 - 113.4 pips
TP2 - 275 pips
275 pips EUR/USD swing tradingThis idea I made is based of smart money concepts. There seem to be several confirmations that this trade will go as planned. News affecting the price of the USD is going to be released on Monday too, which is expected to be good for USD. This reinforces this trade as the USD being stronger will make the EUR/USD pair go down in price in a faster amount of time. I will probably hold onto this trade until maximum early May.
STOP LOSS - 31 pips
TP1 - 150 pips
TP2 - 275 pips
USD/CHF buy based on institutional candlesOn the 4hr and 1hr chart, we see that the previous high was an order block (evident by the high volume). Order blocks by definition end up getting filled to create a fair price for buyers and sellers (in this case sellers) to get back in the market.
The stop loss is set underneath the previous support. It doesn't sit on the support because the high volume on Monday may cause it to dip below because of the orders being placed on the weekend.
TP1 is set above the previous resistance. 50% of the position should be closed at that point. TP2 is halfway through the order block (which is where most orders would lie).
Swing longAs we all know price as been on a overall down trend and price is getting to my key zone where I be watching actively how price is going to react at my key zone am expecting a trend change to the upside soon either next week. This is going to be a swing trade for me and a good risk reward trade cheers traders. Hit the like button 🥂