GBPPUSD big sell now - SocialTrade24Big sell GBPUSD in coming right now, so as you can see GBPUSD is in the hyperactive zone right now. Market makers in the Asian session will push it more to the down side.
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Marketmakermethod
GBPUSD still on the bull sideGBPUSD confirms his own bullish bias started at the beginning of the New Year after the market flash crash:
on H1 we can see that the lower trendline formed by the crash and the first brexit votation gets one more hit today at mid-London session, and M15 chart presents a 22 pattern (two double bottoms in a double bottom) after a week in consolidation.
I'm expecting a bullish start of the week, and/or at least till the price will hit the H1 trendline again.
GBPNZDHappy Saturday guys, i recently been watching GN & tracking its moves, all my MMM traders know that the market moves in levels of 3, here on GN we see 3 levels of rise so now we expect 3 levels of correction (downtrend). i marked up the levels on the 4 hr time frame and found MM movements W, V, V, M so now Im now expecting A, A, W. so in short we are looking for a stop hunt high or a pull back to the upside to then enter on the pullback for a smooth ride down. so on the 1 hr time frame im looking for it to drop into my blue box then head up & react to my white trend line & drop maybe. we will then take this trade down at least 3 levels of drop each drop surpassing the previous zone. let me know what you guys think! have an amazing weekend!
Eurusd play Happy sunday guys! checked out eu today & i see some nice things that make me believe that the market has came into a turning point. i marked the 3 levels of drop, we know after 3 levels of drop or rise we see a trend reversal. the yellow box is the 50-618 fib level which would be a nice h&S, im also interested in what price does between the white trend lines. im basically bullish on eu unless the low is taken out.
GBPAUD MMM tradeThis has probably been my best trade & easiest profiting trade ever lol. Normally i dont trade GA a lot but the past week its been gaining my love. let me explain why first! we see the market continue movement to the downside session opening, but i learned that the false move comes in the beginning & end of the session. so i sat on my hands & waited for the set up to occur which i knew would be around London time. if you look at the 1 hr time frame you can see that i have a pink trend line , this zone was key to my eye so i placed it there but i didn't expect it to play so well with the line, we then got a sloppy W formation but when they made the second leg for the W they extended the low just a few pips & made a railroad. we then see this pair literally fly after it made the railroad & completed second leg W. i only took this trade for 50 pips because thats my daily goal but wow didn't think it would hit 200 pips! i love set ups like this cus they're so simple for me to spot out & very profitable at the end of the day. one key thing to notice is that this set up was formed below the 200 EMA which is a technical short! but we see market makers trap moves & trade align.
GBPUSD structure I published this because i wanted to show my partners how creative you can get with basic trend lines, supp/ resis zones. Also marked up a key daily zone on the daily level which price rejected off of this week, we can see the multiple times that price has came into this zone & failed to break.i recommend to all new traders to be more observant of the higher time frames so they can have a better understanding of where price is really going.
GBPAUD MMMApplying market maker knowledge to the charts, here Im showing false move vectors out the Asian range. which then leads to the beautiful W set up with a hammer in the second leg which is a key candle stick that shows us MM are working the sellers & trapping them. wicks are also key signals that tell us MM are working a area & possibly going to reverse off of that area, best possible entry on the W was after the hammer giving us great entry & allowing us to have a tighter stop loss.
Market maker set uptrading strategy i use is MMM & here i saw some key market behavior that ties into the method, i highlighted the set up zones which are where your best entry could be to catch the moves, M & W are my favorite patterns to trade because they become easily identifiable & profitable when you start to see the variations that they form in.
Market Maker Method set upA look at the trap moves the market creates to trap traders in wrong directions, the set ups are highlighted to show you where you would enter when your standards are met for entering the trade. Simple M & W patterns are easily identifiable & most importantly profitable, when you start to see all different veneration's.
GBPZAR BULLISH BAT FORMING H4POINT C may still find extension from the current 70.7 fib level to the max of 0.886. a strong sell would then be expected to point D,you mat expect a structure to form first around the shoulder at c once the high has been set.At point C the structure currently shows a potentially strong head and shoulder pattern. on the H1 we have a possible star pattern forming. if this high is tested but not violated the pattern is valid. a cutting of the market baseline by rsi 21 to the downside is a confirmed entry.
Train your eyes to see this market maker's agenda.20181213 14:45 in EURUSD 15 minute chart London session, cc59 counting gave a "+9" and "rsi>70" labels near the green horizontal line (previous day's high) and the horizontal light blue line (cc59 resistance) making the prices between these lines a "resistance zone". Later on at 20181213 19:45 in New York session, the market makers made a wide range stop hunting in both up and down directions forcing many investors to close their positions with losses. In this stop hunting, the price went up and briefly entered the resistance zone defined earlier. Investors with trained eyes would have seen this price shooting as a good opportunity for a short selling with a target of +50 pips downward. If they missed that moment, there was a second chance for that 45 minutes later. The profit taking target of 50 pips would have been reached within 2 hours. The image below was a snap shot from my Android smart phone that rendered EURUSD chart in TradingView with Graph Reader Pro 4.0 invited-only-script.
2.bp.blogspot.com
POSSIBLE H4 BULLISH HARMONIC FORMING ON EURCADExpecting plausibly strong support at current price but with price breaching thereafter to D and then proceeding back into a strong buy to wards current price. Trapped volume exists at A thus C came shy of that peak. X also has trapped volume evidenced by h4 rail road tracks at critical level. expecting safety trades and away from peak continuation signature trades to point D short. then into strong buy. H4 patterns take relatively long to complete.
UsdJpy Daily trendline + Bullish harmonicUSDJPY has been bearish as projected in my last post. We are looking to see UJ reach the D point where it meets a confluence of a D1 trend line as well as an H4 bullish harmonic. Rally of price is expected strongly at this D point. I expect level 3 behavior at that point culminating in a strong buy.
USDJPY - The Dollar sell off (is it really beginning?)Well:
I've been telling to most of you that the dollar might crash in the next months. The factors, confluences and data are there. Huge volatility, discrepancies, smart money and contracts are in play. Although we don't know the right time this "crash" is going to take place, it seems that the DXY is helpíng us to push UJ down. As it's been sustained by the daily chart.
So, I want to see tomorrow's and maybe tuesday's daily or intraday candles closing so we can have a clearer confirmation. I"m already in sells with a minor position, but the technicals are there, let's see. Also, take care with the last quarter results (and yearly).
ALWAYS remember: watch the f****** Price Action. Don't rely on indicators - for those who use it, it should be used only as confluence, not as your main weapon.
Be safe trading this week;