Institutionallevels
EURUSDSellers seem to be maintaining momentum to plunge price;
The 1.040 level looks promising for injecting sell orders!!
But technically, 4H chart shows that levels ranging 1.023-1.025 have proven to be a strong resistance for Buyers as Sell Orders have proven to be around these areas and price might need not get to 1.040 levels. These resistant levels have clearly shown institutional foot prints conducting re-distribution and this is worthy of note owing to the fact that these lurking foot prints are becoming more conspicuous after ECB just recently hiked interest rates by 50bps on July 21st, 2022.
Commitment of Traders report as displayed by Chicago Mercantile Exchange suggests the net position of categorized traders on the future contract of the Euro FX gravitating towards the shorts as Price is seen to be trading around a key resistance earlier expounded around the technicals.
Of course, there are intricacies to the analytical decisions drawn but for the sake of summary, this might provide a compass to figuring out sniper entries. Yes, Sniper Entries.
In my Opinion, Expectations of interest rate hike by the Federal Reserve will see #EURUSD plummeting; breaking through parity level.
It just might get worse for Euro.
#InterestRates #Commodity #Currency #forextrading #futures #TradehoodAcademy #Institutionallevels
EURUSD | BEARISHNESSSellers seem to be maintaining momentum to plunge price;
The 1.040 level looks promising for injecting sell orders!!
But technically, 4H chart shows that levels ranging 1.023-1.025 have proven to be a strong resistance for Buyers as Sell Orders have proven to be around these areas and price might need not get to 1.040 levels. These resistant levels have clearly shown institutional foot prints conducting re-distribution and this is worthy of note owing to the fact that these lurking foot prints are becoming more conspicuous after ECB just recently hiked interest rates by 50bps on July 21st, 2022.
Commitment of Traders report as displayed by Chicago Mercantile Exchange suggests the net position of categorized traders on the future contract of the Euro FX gravitating towards the shorts as Price is seen to be trading around a key resistance earlier expounded around the technicals.
Of course, there are intricacies to the analytical decisions drawn but for the sake of summary, this might provide a compass to figuring out sniper entries. Yes, Sniper Entries.
In my Opinion, Expectations of interest rate hike by the Federal Reserve will see #EURUSD plummeting; breaking throught parity level.
It just might get worse for Euro.
#InterestRates #Commodity #Currency #forextrading #futures #TradehoodAcademy #Institutionallevels
GBPUSD is showing good signs for long opportunity!In the coming week I'm a bit confident with dxy+fibre+cable. Reason behind this confidence is the liquidity grab in GU and DXY from the previous month. Whenever this happens we expect a move to lower timeframe points on interests lie d1 or h4 or m15. We can split this one swing trade into different day trades. Waiting for the model daily and executing when all criteria is fulfilled brings another level of calmness and peace to the mind and trading. Comments will be appreciated. Thanks and have a good trading week ahead.
Short EURAUDEUR has been a weak pair in the past weeks. After the price rallied up to IPL 1.49000 which is currently the Highest Price of this week, today we have seen the price close below the last bullish OB of that retracement.
A breaker has been formed on the 4hr and this means the bears are back in control.
We go short
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CATCH ME IF YOU CANThe Russian ruble or rouble is the official currency of the Russian Federation. The ruble is subdivided into 100 kopeks. The first Russian ruble (code: RUR) replaced the Soviet ruble (code: SUR) in September 1993 at parity or 1 SUR = 1 RUR. In 1998, preceding the financial crisis, the current ruble was redenominated with the new code "RUB" and was exchanged at the rate of 1 RUB = 1,000 RUR.
The ruble was the currency of the Russian Empire and of the Soviet Union (as the Soviet ruble). However, today only Russia, Belarus and Transnistria use currencies with the same name. The Russian ruble is also unofficially used in the four partially recognised republics of Abkhazia, South Ossetia, Donetsk and Luhansk. As of April 2019, the ruble is the seventeenth most traded currency in the world, and a free-floating currency.
Changed my mind with Bitcoin. My bias is bearish now. I was expecting bitcoin to respect certain price area which it did not. Now i am looking to target long time resided liquidity on the down side. I have already marked my points of interest in d1 and h1 but i will bw only publishing h1 for now and will update as it goes through it. Note that i do not take entry if my designed structure is nowhere to be found in points of interest.
If you have any questions or suggestions i am always open for that. Thanks and have good trading.
FACEBOOK PERFECT BUY ON ENTRY After a 40 percent drop, Facebook has a high propability that it will rise again and attack previous price levels.
The monthly valley is important to us, which we still hold at 224.76 and this is our first buy target at the moment. I expect a strong rebound from the monthly valley and a gradual accumulation phase of the 12345 cycle.
Buy ON: Risk 9/10 229.10
224.76
218.65
TARGETS: 250.32
287.98
303.55
Stoploss - DAILY close below 208.39
REMEMBER THAT THE REWARD FOR CATCHING A FALLING KNIFE IS ALWAYS AN ATTACK OF THE FIRST IMPORTANT VALLEY.
Institutional Order Block Strategy Hey everyone - hope you're good.
1) Strategy is nothing and certainly not "mine" - it's been around since early 20th Century since the days of Gantt, Livermore and Wyckoff
2) Tried and tested methodology whereby Market Makers sell down below structure
3) Killing Retail stops
4) Go back up
5) Come back down to exit the sells at close to break-even
6) And then continue the way up.
Check my profile for more info on us, and how we trade. Cheers!
Potential OB short opportunity to lower zonePrice currently at the top of a big bull run and currently is seen forming new order block at the highs.
We may see evidence soon of negative imbalance but in order for that to come into play, price will need to first test the lower highlighted zone below.
Bears are seemingly taking control of the situation so we'll be keeping our eyes peeled on the decline over the coming week.
XAUUSD Trade Idea November 2, 2021Price made a draw on liquidity below the areas highlighted in grey, hence I'm now expecting a return to the institutional candle highlighted in yellow as the large players have to mitigate (close) those sell positions opened in order to continue in their buy positions. My buy limit entry will be set at the 50% mark of that bullish order block as price is expected to rally upwards from that point.