USDCAD | DAILY SESSION | SHORTEuropean sessions should drive this pair up into the order block. This is priming sell orders for US institutional traders. Most likely the move down will happen at the start of the US session as these are North American currencies.
Big Picture View
We are currently looking at institutional money sitting at these pockets on the CAD index.
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Institutional_trading
Lets Trade GBPCAD with the Banks We are looking at this pairs heading deeper into the range
1) it cleared liquidity on the Lower time frames
2) mitigated an OB and showing price action to the down side
Price is moving on a higher time frame in a side ways movement
so we applied Wyckoff schematics and believe that we are just forming
the Phase C and then we can look for movement to the upside
but this should be a pretty good trade to the downside
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Smart Money ConceptPlease guys do not take any in this setup.
This is a genius money concept setup. I draw this setup for educational purpose and i want to make sure the YouTuber everything is presidential is right about what he doing. I just support him for his real teachings.
You may ask so why i have to publish the setup.
because some people who don't know about the Forex world just come in and making fun of his videos. So i publish this to make proof for those who don't have brain.
So please don't take any trade using this setup unless if you know about the institutional trading concept.
Thank you very mush for reading.
Distributing AUDUSD IT SEEMS WE MAY HAVE REACHED A POINT OF DISTRIBUTION WITH THIS PAIR
THERE ARE 4 MAJOR KEY LEVELS WITHIN THE DISTRIBUTION RANGE WE
ARE WATCHING THIS WEEK TO GET A DIRECTIONAL BIAS - WE ARE CURRENTLY A BIT NEUTRAL
UNTIL WE SEE THE FULL SCHEMATICS PLAY OUT BUT HAVE A PERSONAL BIAS THIS PAIR
WILL SEE A PUSH TO THE DOWNSIDE.
THE DOLLAR INDEX SEEM TO BE GAINING A BIT OF STRENGTH LETS SEE WHAT THIS
TRADING WEEK BRINGS EITHER WAY WE ARE PREPARED TO MAXIMIZE THE MOVES
WHEN THEY HAPPEN
GBPUSD 150-200 Pip ShortVery early in the trading range in a Wyckoff cause phase. However there is a very large institutional candle where positions could be unloaded at the beginning of that candle, selling off to the bottom of the trading range between 150 and 200 pips. The Institutional candle didn't break the Buyers Climax high so I don't expect the next phase to break the Institutional candle high. Instead we should see an instant reaction as the volume of the sellers have grossly oversold with a very little volume candle. Additionally, the RSI divergence from the Spring to the Institutional Candle/Upthrust suggests that the price will fall as we're still on the high side of the buying on the RSI. The best part is the risk to reward is 7:1 ratio. FX:GBPUSD Apologies for the text all over the chart, but this is how I chart. Any Wyckoff Method traders that have any input, please share.
NZDJPY | DAILY SESSION | LONGLooking for a drive back up towards the VWAP. This might be a patience game but we have a good stoploss at 70.300
Big Picture View
Strong: NZD
Weak: JPY
This trade is valid until 09/07/2020 @ 9 pm BST.
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Institutional Trading - July 9, 2020I was able to catch 50 pips on this one!
I host zoom training session to help teach people on how I am able to trade along side the institutions. I have previously explained the line set up on an older post. Due take a look if you're interested in catching big pips like this!
Institutional Trading further Explination I received a few questions about my last institutional trading post and I have posted a more in detail graph with explanation here.
I was able to grab 30 pips from yesterday's EJ accumulation period, so I have posted here how I achieved this and how I marked out my chart.
P.S entries are always made at 3:15am (Atlantic time) or later. basically once you see an indicator leaning towards a market shift. I use Alligator, MACDs and AW for confirmation. If you don't like indicators simply look for when the candle shows indication or if the next candle is moving in the opposite direction.
Institutional TradingAfter finally learning how to trade with the institutions I have found a plan that works quiet well. The beginner entry would follow the following rules (all time is in Atlantic Time).
1) Mark opening of market at 8pm
2) Mark opening of accumulation period at 12am
3) Mark closing of accumulation period at 3am
4) Monitor trade and look to enter around 3:15 (or possibly later depending on the day) for a reverse action.
5) Enter and look to collect 25-30 pips
EURUSD - JUNE 28th - 3rdAs we scale into a lower time frame.... We are looking for EURUSD to reverse trends possibly heading to a long term buy
at the the key levels. (we have indicated)
Price action has not been the best these last two weeks
but we will see what our analysis brings. we remain flexible and when the
markets start by Monday LONDON session we will have a definite bias
#Propheticpips
We have a profitable strategy
visit www.Thomasmarketingsolution.com
or follow us on IG and see our results @prophetic_pips