Orderflow
#analysis 89 - Long BiasCurrently, we're staying in the middle of the range in HTF, and also forming a small range within it. For the smaller range, We just ran the liquidity below and now we're looking forward to reach it's high again.
Now two strategies.
1. It reaches the blue lines and create MSB, thus up trend can be expected. After that we'll do the OB entry.
2. Going down and then we enter with Three Taps here.
Let's see how it goes.
EURUSD Short Swing 500 As I have recently posted on trading my view on 9th of October regarding the move to the influx so that banks and hedge funds can mitigate and offset positions. We are now currently mitigating this area. Also on the H1 TF we have 6th Variation Wyckoff. This is a very valid move because of the Divergence of EURUSD and DXY. Get ready to ride the short!!!
Smart Money SHORT | GBPUSDLooking at GBPUSD
Asian session low has already been manipulated / We have had a CHoCH to the downside and now I'm looking for a shorting opportunity.
The first target is the previous low and then long-term target is back down at 1.03
There is a strong possibility that we manipulate the Asian highs before moving low but it's a trade I'm willing to take the trading opportunity.
EUR/USD likely to fall!Hey tradomaniacs,
EUR/USD has shown a fakeout to the upside with a fast reversal showing sellers are trying to fool buyers in here.
Previous news were hawkish but so far we see a risk-off-tone in the stockmarket which is likely to keep EUR under pressure.
However, lots of sellers coming in at this spot and orderflow is currently pretty bearish!
Please keep in mind that all trades are risky today due to less volume. Lots of holidays and closed bond-market ahead highly awaited news this week!
Let`s see =) Good Chance!
BTCUSDT Swing Short Targets 20900, 20200, Naked POCsSwing shorts to 20900 and 20200 are a very good bet.
These are NPOCs from July 5, 6, and 7.
It is rare when the price does not return to a previous POCs, so they are very good targets.
POCs from HTFs (higher timeframes) are especially good targets because the higher time means more volume during that time period than LTFs (lower time frames)
The volume at a POC is too significant for traders to not bring the price back to it.
Until the price the returns to that POC, the POC is naked.
On Bybit's BTCUSDT perp market, the daily POCs from July 5, 6, and 7 are naked on a 1 tick bid/ask profile chart.
The POCs are
20900
: July 7
20200:
July 5 AND July 6
POCs (naked and virgin)
POCs are points of control. They are prices that had the highest volume during a time period. The high volume at that price means traders are strongly motivated to bring the price back to that POC value.
After a time period has closed, until the price returns to the POC of that period, in the jargon of order flow trading, the POC is called a naked or a virgin POC.
Sell NFP Setup 10/7/22 Decent WeekPatient with the news on the jobs numbers. Immediate drop on the news but it was positive. Being that it was, I decided to wait because there was an opportunity that it could have been a liquidity grab below 3720's equal low and a run for the buy side liquidity.
Sold on news break and on times & sales response. Saw the order flow aim at the ask price and the follow through came in afterwards. Once near target 1, watched the buying come in near the low and looked for a new group of orders to come through on the ask and we saw it. Took off the entire trade at target 2 after an attempted partial closure, a mistake but, that for the moment sucks but oh well! The remaining targets are from the HTF, the 4H+FVG, so I made it to the FVG(H).
Second pending order within the 5m-FVG at 3706.12 missed. Looked for a final tap on the low of the FVG(L) and didn't get it after the ask was hit again just below it.
Good week, not a lot of trading, but finished up pretty well. Most of the moves happened after hours this week or just at a time that I wasn't in front of the screen.
NFP data was positive but, this is implication that the Feds don't have to change their behavior and can extend their stance on monetary polices by a continued interest rate increase.
We'll definitely need to focus on the CPI numbers next week when we get that data.
Smart Money SHORT | EURUSDLooking at a short here with the CHoCH that has taken out the Asian lows right at the start of the London session
Let's see how it plays out. Although long term is still very bearish we have made a structure on the higher Tf's that has caught my eye for a potential reversal to go long. Lets see how it goes.
Trade Safe, Trade Smart
Smart Money SHORT | GBPUSDDuring the early stages of the LDN session, we have swept the Asian session highs and lows which is typically what I like to see when entering a trade like this.
LTF supply area I am targeting for entry.
Let's see if we get tagged in and where we can get to if we are tagged in.
Safe Trading!