DOLLAR INDEX DXY BULLS READY?In dxy dollar index price is tested its strong level of resistance multiple times which is 113.10 to 113.20 area and if break this area than we see the bullish momentum in the dxy price and we see price test its high of the wick which is 113.70 area also fill this wick because wick never lie/ and for the next target for dollar index is 114.07 area this is the target for next complete week.
Londonsession
GBPUSD Oct 13 - London Session Fade - BUY Price slightly crossed the bottom of my yellow square (Asian Session Low) Took a Buy stop in the middle of the range for 1:1. Turned out to be a good trade. Always remember to capitalize on the greedy traders. If your order never executes in the next trading session then it is ok to cancel and wait for another opportunity in the next London session
GU shortsScale down to the one-minute TF to see my mark up more clearly. My reasons for going short on GU are...
+ Bearish trend overall
+Double bottoms, money sitting down below. People in long positions need to be taken out
+Voids below session low
+Asia session below void was not filled 100%
Going to wait for a BOS once we get a tap of void on 1M before entering, If I'm entering on the 1M TF I enter 1 pip in advance.
3 levels, as predicted last Wednasday, 1025pips laterAs said last week Wednesday the market moved up its 3 days or 3 levels from the midweek reversal. I am not 100% sure if GJ has made a full3 levels up, as we did not have aggressive movements which are usually evident in separating the levels. However, GJ has moved up over 1000 pips since my entry last week Wednesday, this morning during London session, a perfect sell setup formed with a double Top, and sold 197pips from my entry at 164.701. This could be the midweek reversal, where we go down a further 3 levels, or we can continue on a strong push-up to make a continuation. For now I am out of all trades, pending London session tomorrow.
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Remember GJ IS BAE!!
EURJPY It will breakout to the upsideWelcome back! Let me know your thoughts in the comments!
**EURJPY - Listen to video!
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Thoughts I think price will go to 0.96080
With that in mind we see price just came off that weekly fair value gap and broke structure to the downside
Guessing a fair value gap will form on the daily to facilitate shorts
On the 4H I'm expecting a pullback into premium before I consider shorts
But for day trades you can try to buy this as the pullback may seem as a trend on lower timeframes
Not going to talk about targets
hope this was helpful
GBP/USD Long possibilityHello everyone,
I expect a long trade on this pair from the marked zones due to the collected liquidity from the recent fake OB and the formation of a new OB for 15 minutes, which I have marked with yellow.
In the case of arrival in a zone with a large volume of trade, it is not valid. In that case, I expect breaking through OB and getting to the next one.
1. Each of my analyses is a prediction of the market with what I see at the moment and is changeable during the day as the market reacts.
You decide on each trade and you are responsible for it.
Every trade idea needs care during the period when the trade is open and I do not open any trade with a pending order. Every trade I open with Market execution!!!
2. This trading idea is closely related to the DXY movement. I ask anyone who observes my trading ideas to follow DXY and therefore decide to enter the trade.
US30 SELLI'm currently in a us30 short position. Market had hit a strong resistance at the 32250 area and has respected it. After a continuous trend higher highs and higher lows, what goes up must come down and fill the gap between 32140 and 31700. I believe the volume coming in at London session is enough to fill the entire gap but to be safe with a higher chance of profits, I would say to enter a sell from 32176 - 32000. Good luck and use proper risk management
GBPUSD Sep 8 London Session Fade - BUYToday I have a buy order on this pair. Institutions may see a buying opportunity if market starts to rally up. If order doesn't execute by 1:30 (UTC+9:30) I will just cancel the order.
Feel free to share any suggestions or your trade ideas in the comments and let me know what your thinking. I may be missing something. Thanks
DISCLAIMER: THIS IS NOT FINANCIAL ADVISE, JUST PERSONAL OPINION AND RESEARCH WAS SOUGHT INTO THIS TRADE