XAUUSD H4 - LONGPrices left behind a 2 demand areas for us to get involved.
No, we do NOT place a buy limit order just like this. Instead, we wait for confirmations and a new range to appear, before looking for buy opportunities.
What do I mean by creating a new range? If we start to see a HTF Break of structure, like the H1 or the H4, we can trade them using the 5m-15m confirmations.
Orderflow
Smart Money LONG | USDJPYAfter the liquidity has been taken of the previous EQH that were made, we have since created a larger timeframe EQH for price to target before "potentially" rolling over or, price to carry on to the upside.
I have 2 recent areas in which I am looking at in order to get long on this pair.
Let's see if price gives us the desired entry at either level
Any questions feel free to ask
Take care
Ben
EURUSDEURUSD had a lot of inducement in liquidity and therefore a lot of retail traders being caught in the trap of the market maker, but it then produced two sniper entries targeting last week's low, the market are not random. the trick is to be able to know what the market maker is planning and what the algorithm is is about to do, the algorithm will never favour retail traders unless you know what is happening behind the scenes, that's the best way you can have an edge over the market.
XAUUSD SMC analysisGold had a nice move this week, the move was nice and simple. from last week's consolidation and liquidity inducement, this week was just a sweep of liquidity from that consolidation especially the buy side liquidity, it then gave us a nice entry when it mitigated on a 30 min Orderblock with a nice sniper entry at 1870 targeting areas of imbalances.
EURUSD SHORT on Order Flow - Follow the smart money! Strong Bearish Signal:
The price resumed falling, moreover, the move is sharp and supported by the large institutional volume, which means that the smart money pushed the price down. Besides it, there is a strong local downtrend, which is also a strong bearish signal.
Volume Zones:
It is necessary to point out the resistance level 1.1384 - 1.1390, which contains the large volume.
Sentiment:
This indicator shows that 81% retails traders are in long positions, which is a good additional signal for us (trading against the "crowd").
b.radikal.ru
Consider Short Positions:
Given all these factors, we should ponder exactly short positions. We may enter the market after a smooth upward correction, in order to get a more profitable entry point. A stop loss may be placed above the resistance level.
Profit Potential:
More than 100 pips.
To learn more about order flow based volume trading, sentiment analysis and trading against the retail crowd see the educational article below -
Smart Money SHORT | EURAUDAfter the first position not working out I have these 3 other potential entry points for sells on the 15min
I will risk 0.5% per trade with a MAX loss of 1.5% over the 3 trades providing they are all tagged in and stopped out.
Let's see how price delivers over the coming hours and potentially tomorrow
Any questions feel free to ask
Smart Money SHORT | EURAUDLooking at EURAUD
We had the bullish order flow come into the market that I was waiting for.
Since then, we have had some serious bearish intent to the downside breaking multiple levels of structure.
MY first entry will be on the 1HR OB candle, if it doesn't hold and takes me out for a loss then we will re-evaluate the 15min POI's above it.
But a nice 11.7pip Stop Loss on this trade with a great amount of reward to potentially be had.
Let's see how it plays out today and tomorrow.
Any questions feel free to ask
Ben
EURUSD SHORT on Order Flow - Follow the smart money! Strong Bearish Signal:
The price continued falling, moreover, the move was supported by the large institutional volume, which means that the smart money pushed the price down. Besides it, there is a strong downtrend.
Volume Zones:
This formed a new level of resistance, which contains large market participants volume and was created during this move from 1.1384 – 1.1390.
Sentiment:
This indicator shows that 88% retails traders are in long positions, which is a good additional signal for us (trading against the "crowd").
c.radikal.ru
Consider Short Positions:
Given all these factors, we may regard sales after a smooth upward correction, in order to get a more profitable entry point. A stop loss may be placed above the new volume resistance level.
Profit Potential:
More than 100 pips.
To learn more about order flow based volume trading, sentiment analysis and trading against the retail crowd see the educational article below -
EURUSD SHORT on Order Flow - Follow the smart money! Strong Bearish Signal:
The price demonstrated a huge drop supported by large institutional volume and broke through the previous support level, which is a great bearish signal.
Volume Zones:
Volume was evenly spread across the movement, hence we can't point out any new volume level or zone.
Sentiment:
This indicator shows that 85% retails traders are in long positions, which is a good additional signal for us (trading against the "crowd").
d.radikal.ru
Consider Short Positions:
Given all these factors, we should consider exceptionally short positions. We may enter the market after a smooth upward correction, in order to get a more profitable entry point. A stop loss may be placed above the beginning of the breakdown movement.
Profit Potential:
More than 100 pips.
To learn more about order flow based volume trading, sentiment analysis and trading against the retail crowd see the educational article below -
EURUSD daily price target hitPrice has hit the daily level and order block that has been in my targets for the last few weeks.
We could see a reaction from this area taking price back into the premium market off this current leg. This would also be filling in imbalance left from last weeks impulse.
New bearish daily Orderblock at 1.6000 could be a good target if price reacts from where we are now. But it is to note that there is liquidity sat just above that at 1.6200.
As it stands we are just following the expectational order flow until structure is broken.
XAUUSD Trade IdeaGold continues to be bullish, showing no signs of weakness, with significant breaks of structure to the upside. I anticipate the bullish momentum will continue up to the D1 POI, (Weekly High) denoted on the chart. After that I anticipate full bearish momentum. Will be looking for buys up the POI.
Market Re-cap & AnalysisWeekend analysis of the currency pairs i am watching for next weeks trading week.
Pairs I am looking at for longs are;
AUDJPY
AUDUSD
CHFJPY
NZDCHF
NZDJPY
Pairs I'm looking at for potential shorts are
EURAUD
EURNZD
USDCAD
If you have any questions about trading then I will be more than willing to give you a hand if I can just give me a message or comment and I will be sure to get back to you
Take care
Ben