Marketmakermethod
MMM CYCLE: EURUSD ANALYSISWe're just under 3xadr and could see the peak form soon. The long cycle played out very nice. While it is safe to trade both ways in level in 3, in this situation, the safe play to wait for the peak to officially lock signaling shorts. There is a bearish harmonic on the H4 but no official peak. Remember to always use the DXY to gauge price movement on EU.
Timing is a big part of trading MMM successfully. If you're a London trader, try looking for entry between 3-6 am. A stop hunt/fake out usually takes place during the session open. Be patient and wait for it. If you are a NY trade, try looking for your entry between 9-11am. The same stop hunt rule still applies. Trade safe. Stay in control.
Feel free to comment or message me with questions and other opinions.
#thepowerof3s
#reactdontpredict
*PLEASE FULLY UNDERSTAND THE RISK OF TRADING BEFORE DOING SO*
MMM LONG CYCLE: EURUSDSo it looks like we got that extension long in L3 after all. We won't be looking to sell until we have an officially locked peak. Long cycle complete. Congrats to everyone who took a piece of the action.
#thepowerof3s
#reactdontpredict
GBPUSD Bearish Continuation GBPUSD has made its stophunt early in the London session, expecting its sustained drop in the afternoon.
USDJPY PEAK RESET- Level 1 drop M 15USDJPY has completed its H4 cycle (3 levels of rise). A peak reset has been set resembling an initiation of another 3 levels of drop.
CHFJPY Peak Formation HighCHFJPY has set a peak formation high. Furthermore it has displayed a Multi-session M which a strong symbol of price falling.
USDZAR LEVEL 1 FALLUSDZAR has set a peak reset after 2 levels of rise. Expect a drop of 3 more levels
MMM SHORT CYCLE: EURUSDHey guys. We didn't get the L3 extension we were expecting. It's starting to look like EU may be ready to start the reversal into the next cycle. Although we didn't get the 50 pip close away from daily open to officially lock the peak high, we still have to respect the structure to the leaf as the peak. Price and been showing level 3 behavior with the last days just chopping around. We aslo have a bearish harmonic on the H4. Id say be ready to trade both ways but I think I am now favoring the short here. We do have a flip zone just below so the MM could still push for that extention long. Let's see what kind of pattern we get during London. Be alert. Happy Trading.
#thepowerof3
#reactdontpredict
MMM LONG CYCLE: EURUSDHey guys! I hope everyone had a great weekend. Often times in level 3, we see the MMs extend before setting the peak for reversal. This extension is what creates 3x the pair's average daily range. To begin the week we are looking for the MMs to continue to push the price up in EU while dropping the price in the DXY. Don't be in a rush to jump into the market. Tomorrow is only Monday. Remember, we don't predict the market. We react. Wishing everyone a great trading week! Happy trading!
#thepowerof3
#reactdontpredict
MMM LONG CYCLE: EURUSDBOOM! We just saw our L3 push. It's SUPER early in L3 and we'll know better when the market closes. This is to highlight the power of 3s. If you think like a retail trader you will get burned over and over again. We still have a ways to go before the price reaches 3x its average daily range. I do expect for EU to continue to rise for the rest of the week. If you are still holding, manage your trades accordingly and always use the DXY to gauge the direction in EU. Happy trading.
#thepowerof3s
#reactdontpredict
USDCADMarket Cycle Comes To An End After Price Pushes Up 3 Levels And Has Now Begun Its Contraction Phase As Smart Money Prepares To Release Inventory.
MMM SHORT CYCLE: GBPUSDToday we saw GU drop into L3. It's early in level so be prepared for the MM to extend the level before rising. On the daily, we saw price break and close below a daily zone flip. Because we are in L3 it is okay to trade both ways.
#thepowerof3s
#reactdontperdict
MMM LONG CYCLE: EURUSDYesterday's close gave us a locked peak. We can now look for entries long. We currently have a bullish H4 harmonic. There is an outside structure pointing short, but I believe the bigger the move will be long. Looks for possible traps through the 200 EMA on the M15. Use the dxy to gauge direction on EU. Happy Trading
#reactdontpredict
#thepowerof3s
MMM LONG CYCLE: EURUSDLast week we saw our EU short cycle play out. We are currently in L3 and have a short ways to go before reaching 3xADR. We are expecting EU to reverse and rise soon but we aren't looking to actually enter until have we have a locked peak to confirm our bias. Be patient.
#thepoerof3s
#reactdontpredict
MMM SHORT CYCLE: EURUSDToday we saw EU sell-off into L3. The daily is trending short. I am expecting for the sell to continue but we are approaching a zone flip on the daily. Remember to use the DXY to confirm movement in EU.
#thepowerof3s
#reactdontpredict
MMM Short Cycle: EUI'm looking at Friday as a peak reset. The count on EU hasn't been easy lately. When in doubt, sometimes it's best to be patient until the direction is shown. I'm looking for EU to continue down for at least one more push down. It is possible price will push up and trap through the 50EMA before dropping.
#thepowerof3s
#reactdontpredict
MMM LONG Cycle: EURUSDOkay guys! My apologies for being MIA. Family first. My bias in long on EU. We saw some madness surrounding last weeks news but I am expecting EU to rise. We may see an opportunity for an entry during NY session. Maybe a trap through of the 50 EMA and rise from there but be cautious. There will be news. The daily is trending long and I'm also seeing a macro W on the H4. Do not force the trade if you are not willing to first accept the risk. I want to hear from you guys. Any feedback, comments or questions are gladly welcomed. Blessings
#thepowerof3s
#reactdontpredict
Gold Short before a big move upThe dollar has opened this week with a bit of strength that is why we see gold going down. I am waiting for price to retest the zone before it heads down to support where it will form a peak and preparing to take off from there to a possible 250 pips move up.
MMM Long Cycle: EURUSDSorry for not getting this up sooner. Yesterday we saw some whipsaw action during the news. This could also be considered a board clearing move by the market makers in an attempt to clear all buyer and selles to reset the books. This also created a reset and a macro W. The daily trending long. I am now expecting EU to continue to rise next week. Use the DXY to gauge direction for EU. Trade strong. Have a great weekend!
#thepowerof3s
#reactdontpredict
MMM Short Cycle: EURUSDIt pays to be patient. We finally saw EU make it's move to the downside yesterday. I'm expecting EU to continue to the downside for the remainder of the week.
#thepowerof3s
#reactdontpredict
Short Opportunity EURUSDLooks like we got a nice push down during London. My original bias is still in play. Trade safe. EU still has the potential to continue to range.
#thepowerof3s
#reactdontpredict
