GBPUSD Sep 6 London Session Break - SELL Did something a bit different today. I saw that the Cable had crossed the box and retested before breaking again. So I took a Short position on this this trade and by looking on how the cable has been performing on the issue of inflation. It looks to be hopefully a good trade
DISCLAIMER: THIS ISNT FINANCIAL ADVISE, JUST PERSONAL OPINION AND INDIVIDUAL ANALYSE
Londonsession
The Market Does This Move EVERYDAY! The Narrative for this trade set up is called 'The Daily Sniper Heist'
End of Asian Session The High or Low is taken out before the start of London Session. Look for your favorite bearish or bullish candle patterns they will appear.
Then The Low or High is set by 10am.
10am the market reaches for buy side liquidity (London payout) DBP PLAY Straight into Structure. (PULL)
Consolidates then raids the rest of buy or sell side liquidity. (Entry Second DBP)
Then finally sweeping the low or high to continue for liquidity and imbalances.
The key to trading the Forex Market is learning the Market Mechanics.
What are the two things that make the market move? .... Liquidity & Imbalance.
Add that to price and time confluence. Price + Time produce STRUCTURE.
Liquidity is often above the body of the candles and extends to the wicks. These are great areas to formulate trade strategies and set ups.
Now lets see if price follows the script!
As always never over leverage.
Trust your Trade Set up.
Have Fun!
GBP/USD LongHello everyone,
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.
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!!!
I see the structure breaking through at 15 minutes and I expect to re-test the lowest price before launching the price.
I enter the trade with half a percent of the capital and 5 to 10 pip stoploss.
Be sure to match the price of the DXY and its penetration of the lowest bottom as confirmation of the change of direction
GBPUSD London Open shorts maybe? Good Morning traders
Today we have the non farm payrolls coming out, For now I have my eye on GBPUSD, expecting the volume to carry GBPUSD lower, Price is trying to break support, We need to see price break and close blow current m30 support and then retrace and reject before we can consider selling,
My 1st target is at 1.25550 where I will secure most of my positions and leave the rest to continue, We have a clean range if around 34 pips so we could see price give us the push down with minimal struggle,
I will be closing the trade before NFP should price fail to continue the push to the downside, again, we have to wait for the m30 candle to break and close below the 125.630 mark
Happy trading,
Renaldo Philander
EURUSD bullish continuationHello traders
In the past two weeks, the bulls have been in full control making higher highs and higher lows. I have also noticed that the move is being accelerated during the London session and also the Newyork session (NY).
On Tuesdays and Thursdays, the price is on an uptrend. On Wednesdays, the price is having a small reversal so that we can have another sniper bullish entry on Thursdays.
I believe that the price will continue going higher to fill the liquidity void that is still present on the upside.
Fellow traders, I recommend that you continue following this trend to be on the safe side.
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EURUSD: The Range Trap 🐻The more I study this chart the more I see the potential for buys to liquidate sell-side liquidity.
Using logic, it would seem that buy-side liquidity has already been swept and any trapped sellers that got caught on the breakout have been given an opportunity to close out of negative positions to join the correct side of the market (Hopefully Buys)
With this theory, we could assume that this fresh demand will be the zone to give buyers strength to push for that sell-side liquidity.
If the price respects this demand throughout London, I will consider buying into the weak supply, updates to follow.
Give this post a thumbs up if you like my breakdown! 🔥
UK100 Index Intraday Analysis:UK100 loss all of its gains after the announcement of negative non farm productivity. UK100 took rejection form 7617. My target is support of 7461.
If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics
LONDON LONGS GOLD SETUPIm currently long on gold this late night before nyc starts due to this nice set up asian session range created dipping below a order block low inside a demand zone created at a prev daily level. price tested the demand zone and broke strucure leaving the clue for this set up once it came and attacke the sell stops resting below prev nyc lows. I also noticed a fair value gap created after the low was breached showing bull volume and a market shift. Im expecting for price to hit the bos high created at the prev daily close and attack prev daily high for london session liquidity grab before nyc session. if price sells off and breaks demand level again then this idea is no longer valid. my target is tues and mondays high, i will be trailing profit once first poi is hit. thanks for watching
GBP/JPY SellsGBP/JPY has been bullish for some time now with high momentum pushes on all timeframes
there has been a recent correction and some support formations after a decent rally.
with no significant pullback in place since market open, I opted to take some sells should we break the previous candles lows come market open.
On this occasion, the market fell below the Pre-London candles and triggered my position.
Targets are ambitious but they are also in a significant structure zone on the H4 timeframe.
If the H4 timeframe is to see a decent reversal, I have this area in mind to be where it will find consolidation