Marketmakermethod
GBPAUD bullish??Hey guys! haven't posted in a while but im definitely back for good. been doing a lot of back testing & profit grabbing past months.
(black line reps start of week)
but lets check out my favorite pair today GA.
so at the start of the week we see that the market continue its direction from last week but suddenly halted. we then start see classic manipulation off the low of the day, when the market consolidates near a Hi or LO PAY ATTENTION!!
they then break out high to comes back to the same lo hours later & slightly break passed S/M low & quickly leave the zone with a bullish engulfing. the market will always clear the stops before continuing with the true direction. Wedn & half of thurs the market starts to gather more orders Hi & lo before they continue with true direction.
so what i want to see next is the market come back down & fill in the range but bounce off my fib level 0.62 - 0.79 but ideally want to see it hit 0.705 & continue up trending.
(always remember structure W, V, V, M)
MMM CYCLE LONG: EURUSDMorning guys! Today we are looking for the bullish cycle to continue on EU while the DXY drops further.
EURUSD
Daily: long
H4:
H1: L1, peak locked long, EMAs crossed long
Manage all trades according to your trading plan.
***This information provided is not to be taken as a trade signal. Trends and analysis can change at any time.
Would love to hear from you guys. If you happen to use the projection provided for your next trade feel free to message me with questions and updates.
MMM LONG CYCLE: EURUSDHey Guy! Today we are looking for the DXY to roll over while EU begins it's bullish cycle. This is why we always use the DXY to gauge moves in EU. The market makers did induce sellers while creating a multiday peak. This is typical market maker behavior.
Daily: Showing earlier signs of a long trend
H4: Bullish harmonic
H1: L1 Long
Manage all trades according to your trading plan.
***This information provided is not to be taken as a trade signal. Trends and analysis can change at any time.
Would love to hear from you guys. If you happen to use the projection provided for your next trade feel free to message me with questions and updates.
MMM CYCLE SHORT: EURUSDHey guys. I just wanted to drop a quick chart. We are possibly seeing the continuation of our bearish cycle in EU OR the market makers going back to create a multiday peak. The DXY is in range condition but also looks like it could push higher. This is why we must keep an open mind when trading and not marry any one direction. New and safe traders beware of trading back toward a possible peak. If you currently in a short, CONGRATS. Manage your trades according to your trading plan.
***This information provided is not to be taken as a trade signal. Trends and analysis can change at any time.
Would love to hear from you guys. If you happen to use the projection provided for your next trade feel free to message me with questions and updates.
MMM CYCLE: EURUSDHey guys! Our short cycle last week gave a great opportunity for some profits to have been made. Although we have yet to reach the 3xadr mark we are seeing reversal behavior in the EU. We are favoring the long.
Daily: Trending down
H1: EMAs have crossed technically locking the peak low., multiday W
It's safe to trade both ways. Trade and manage all trades according to YOUR trading plan. Keep an open mind and see the market from both directions. React to the markets.
***This information provided is not to be taken as a trade signal. Trends and analysis can change at any time.
Would love to hear from you guys. If you happen to use the projection provided for your next trade feel free to message me with questions and updates.
MMM SHORT CYCLE: EURUSDHey guys! Hope you all had a great trading day.
Daily: Today we had a close showing early signs of an official downtrend.
H4: No Harmonics
H1: Today we saw a level 1 push and the 50 and the 13 EMA have crossing to officially lock the peak. London session gave a sweet opportunity to enter short with a clear rejection of the midway point of the Asian accumulation range. Before entering for the level two push, we want to see some time of trapping through the zone flip or 50 EMA. As a reminder resets are common in L2. Although we are favoring the short play keep an open mind. React to what the market does. Do not predict.
Remember to manage all trades in accordance with YOUR trading plan.
***This information provided is not to be taken as a trade signal. Trends and analysis can change at any time.
Would love to hear from you guys. If you happen to use the projection provided for your next trade feel free to message me with questions and updates.
MMM SHORT CYCLE: EURUSDHey guys! Right now we are seeing the market makers push price back up toward the peak. Although the daily is trending long be cautious of holding long trades. New traders should stay out and wait for the MM to lock in the multi-day peak. Trading back toward the peak is not advised. Know that trapping and shifting could come from a rejection near the zone flip. We do have a possible reset long from the peak low that was put in on Friday. While a reset is possible, we are favoring our projection of the market makers setting up a short cycle. React to the market. Don't predict.
Happy trading!
Disclaimer!
This information provided is not to be taken as a trade signal. Trends and analysis can change at any time.
Would love to hear from you guys. If you happen to use the projection provided for your next trade feel free to message me with questions and updates.
MMM CYCLE SHORT: EURUSDHappy New Year!! I hope you all had a wonderful and safe holiday! Let us get right to it!
Today price closed about pips from where it opened locking the peak short. We also have the EMAs crossing short on the H1 along with stacked 3s in level 3. This is a good indication price is ready to reverse. The daily gave us a nice close and is showing clear trapped volume back toward the weekly high. We will be looking for entries short during London. Price trapping through and bounce off of the water would be ideal. It is possible price may come back to test the peak high creating a multisession M. Be cautious taking long positions back toward the peak. Remember to always use the DXY to gauge price action in EU. Manage accordingly.
Wishing you all major profits in 2020!
Disclaimer!
This information provided is not to be taken as a trade signal. Trends and analysis can change at any time.
Would love to hear from you guys. If you happen to use the projection provided for your next trade feel free to message me with questions and updates.
t.me
MMM CYCLE SHORT: EURUSDHey guys! I hope everyone has been having success in the market lately. Sorry for the hiatus. I am usually not in the market this time of year but I did want to drop a little something before taking off until January. Please be mindful of trading this time of year. Market volume is known to slow up and daily ranges become smaller and smaller. More and more patterns are known to fail. It may be a better idea to bring your trading to a close, preserve capital and prepare for the 2020 trading season.
With that being said, we are seeing peak behavior on EU & the dxy. EUs close on Friday did lock the peak high making shorts the better move looking ahead. Remember to be cautious trading back toward the peak. We had a peak reset low on the 6th that was created Brexit After the reset long, we see 3 levels of rise exceeding 3xadr. We have a nice inverted hammer on the daily and we currently have EMA trapping happening on the H1. Be aware the market makers could take price back toward the peak to create a multiday "M" before beginning the sell-off.
This is the last post until after the New Year. I hope each and every one of you had an amazing trade year and wishing you all the best in 2020.
Happy trading!
MMM CYCLE SHORT: EURUSDHey guys! Hope you all had a great weekend. As stated in the previous analysis, we are currently in L1. The next move we are looking for will be a move trading away from the peak high. Because we are in L1, we are NOT looking for longs. Shorts only. Remember to use the DXY gauge direction in EU. The two have negative correlations.
Happy trading!
*Please use proper risk management when entering a trade. The information provided is not to be taken as a trade signal*
MMM CYCLE: EURUSDHey guys! That drop was sweet. Congrats if you caught it. Since we now have a break of the low the MMM short cycle will have started. At this point, it's best to wait until Monday or Tues to wait for an entry. Remember to always use the DXY to gauge the direction of EURUSD.
Happy Trading
*Please use proper risk management when entering a trade. The information provided is not to be taken as a trade signal*
MMM CYCLE: EURUSDHey guys!! There we have it! Our L3 push in EU. If you are in the trade, please manage accordingly. Be cautious in holding any shorts until we officially have a locked peak. There is room for price to continue higher. We do have red folder news on the way and I do not recommend holding open trades through red folder news. Further analysis to come. Congrats guys!
MMM CYCLE LONG: EURUSDHey guys. I hope everyone had a great holiday. I'm on the run but I wanted to drop a super quick analysis on EU. Right now EU is currently showing L3 behavior with signs of reversing. We have a nameable peak low and potential AFP long playing out at the moment into L2. Remember to trade in line with the DXY. Deeper analysis coming soon.
*Please use proper risk management when entering a trade. The information provided is not to be taken as a trade signal*
EURGBP Strong Buy Setup (Swing)EURGBP is in a perfect situation to go Long.... here is why.
This pair has been falling since August 11th (more than 3 months). And now is touching a strong support for the 4th time.
Added to this, a Market Maker Strategy (MAAW Pattern) is completing its formation with a big Bullish divergence.
If we use a fibonacci extension we can find a perfect goal on the 61.8 level that perfectly matches the next mayor resistance at 0.88000
As conclusion this setup works perfect for me, risking 50 pips with a potential reward of 290 pips, almost a 1:6 Ratio
I would be entering a long position with a:
Buy Limit @ 0.85100
StopLoss @ 0.84600
TP @ 0.88000
Don't risk more than 2% of your account
MMM SHORT CYCLE: EURUSDHey guys!! Been having connection issues like you wouldn't believe! Our analysis is showing us the MMM short cycle is playing out rather nicely. I do believe EU has some room to drop before we can begin to hold a position long. The daily is trending short. We still have a London pattern 2 playing out from today's London session. If you caught this move, manage accordingly as the DXY s currently stalling to break its high.
*Please use proper risk management when entering a trade. The information provided is not to be taken as a trade signal*
MMM CYCLE LONG: EURUSDHey guys! I hope everyone is having a great weekend! We have a beautiful cycle playing out as expected. The bullish harmonic on the H4 is still in play. Just like I said before, L2 is where we see the most resets. With that being said, it's very possible price may retest the low before heading up. Since we are in L2 it is okay to trade both ways but always be cautious when trading back towards a peak high or low. Be careful trading on Mondays. It may be best to wait until T or W as the market makers are known to trap at the beginning of the week.
Happy Trading & have a great rest of the weekend!
*Please use proper risk management when entering a trade. The information provided is not to be taken as a trade signal*
Feel free to message or comment with any questions or feedback.
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