Sniperentry
Potential Long Opportunity on CHFJPYPrice action context clues have printed an opportunity for reversals to the upside within this zone that it is currently dropping into.
If price action begins to show exhaustion at this level, then a reversal could be likely to happen.
Exhaustion presents itself when you see wicks into the are but there are no candles breaking the level.
Multiple wicks into an area that you have mapped out as a trade entry further validate your analysis and you should take the trade.
Liquidity is being sucked from that area for a move to the opposite way.
Wait for multiple wicks into your area of interest before you decide to pull the trigger for you trade.
Manage your risk and keep a cool head no matter the outcome of the trade.
Winning streaks can create ego, recklessness and over confidence, losing streaks can create fear, timidness, uncertainty, and hesitancy.
Believe in yourself, trust your analysis and maintain zen in your life on and off the charts for best results.
Happy trading!
Potential Setup on EURUSDThis is a setup based on price action as it has been printed in the past. PCE data comes out tomorrow, we could see a push to this point of interest that I have the sell limit placed in.
Price could easily push through here since we have a very tight stop loss on it as usual.
But trading isn't about being right all the time.
It's about being right in a huge way when you are.
Risk to reward is the best KPI for a trader.
Many beginners focus on trying to make a trading strategy "100% accurate" when it is just not possible.
Even the banks lose.
Stop chasing the holy grail of trading and focus on honing one trading strategy.
When you stop chasing shiny objects in this field, you find the success you are looking for much faster.
EYES ON EURUSD Sniper SetupTonight, I am looking at this setup on EURUSD.
Once the algorithm presents its mode during Tokyo / Sydney, we will have more information on whether this a potential long or short opportunity.
I have notice that the market tends to play between bank levels that are set during the previous sessions.
I call these levels true support and true resistance.
Most traders mark up from what is perceived to be places in the market where it bounces / rejects from multiple times but if deeper analysis is taken, one may find that these levels that the market is bouncing from may be session highs or session lows.
Understand that these are the levels that are agreed upon as a premium or discount buy or sell zone and that the market switched algorithms at this points and places.
If you would like to move with the banker's algorithm, you have a much better chance of catching the money train if you enter at the prices that they set as major areas of institutional interest.
Potential Sniper Entries on EURUSDHello Traders!
First, 95% of traders are wrong and everyone's analysis outside of yourself should be taken with a grain of salt and a gulp of discernment.
With that being said, here is my current outlook on EURUSD based on current economic conditions and price action that has developed.
Due to the outcome of NFP last week, the current USD Unemployment Rate raising from 3.5% to 3.7% seemed to be the dictator, we saw bullish price action on beginning on Friday for EU.
With the current economic data priced into the market, I am anticipating more bullish activity as the week unfolds.
Therefore, I am expecting a pull back during London session for a continuation of bullish momentum during New York session tomorrow.
Due to the fact that smaller stop losses typically mean lower accuracy for trades, I like to take multiple shots with these setups and risk small for insanely high risk to reward setups.
The point for me isn't to win every trade. The point for me is to win HUGE on the trades that I do win so I can come out with a positive ROI in the long run.
Happy trading investors!
NAS Short, potential downside move to rebalance. 14 Oct 2022The only thing I don't like about this setup is the fact we have high impact news at 2.30pm European central time and it doesn't look like price took out the asian high. (It could be a double top?). We have BOS (on H1 too), we are quite on a premium zone, we took out internal liquidity and closed the gap/imbalance precisely. Got my confirmation with PVP volumes shift on m1. Taking out 2/3rd of my position on TP1 for a 1:3, letting the rest run for a 1:11 circa.
CADJPY short!
A huge opportunity this upcoming week on the CADJPY pair. With Monday being the 4th of July, ideally avoiding the slow-moving US markets would be the best option. A textbook bearish pennant presents itself to us giving us a wonderful look in shorting this pair. Last week it broke out and now it's coming back for a retest. Hoping to see some strong rejections around that breakout zone in order to confirm our entry.
I'm probably only gonna trade this one this week. Wishing you a profitable week!
Gold 1:35 Opportunity (risky)Hi Traders,
Every now and then we take a more risky approach to a trade if we feel the time is right.
So here we have a possible 1:35 risk to reward where you could risk 1% for a 35% gain in a single trade.
This is a very risky trade however can be very rewarding.
We sometimes pull these sniper entries off - with the key word being sometime.
What is important to note here is that if you are successful in this you would need to lose another 34 of these to simply break even which is a big margin for error.
Please do not trade this if you are not willing to risk this is for educational purposes and to see if a potential sniper entry is possib here.
This is not financial advice
TH from RT-Trading
EURUSD Potential Longs before FOMC on Wednesday.EURUSD has made a beautiful leg down on the 4H and on Monday (yesterday), we initiated a pullback phase. 1H has already changed and I am looking for potential longs into the 4H sell area, which is above 50% of the overall leg!
I also share some long zones on the 15M:
GBPJPY trade idea... How to Get a Sniper EntryGBPJPY trade idea... How to Get a Sniper Entry
I missed my entry! Danggit! But I believe there is a teaching moment here. In this video, I would like to share with you how to get
a sniper entry and maximize your risk to reward for bigger profits!
Macro analysis to micro executions.
GBPJPY SHORTYes, it seems to me that after Brexit Great Britain is slowly losing economic stability. I think we can get ready for a longer short. Haha, yes I am HnS mental ... We are now on the top of the right arm so this is the best time for entry! Price is creating double top with top from august 2020 . Keep in mind that we are entering the March 2020-covid zone ... a zone full of surprises :)Look at the areas marked in the ellipses ... if you deduce what and how it will make your life easier :)
sl:20 pips above the highest red zone
tp1: 140.445
tp2:139.700
Yellow zones is mostly s/d area(h4-d1), red zones is major areas of overlapping multiple confirmations in one place.
If u have any questions just msg me amilerski@icloud.com
~~the market is always right...not you ~~
:)
GBPJPY LongI do not have any doubts that this pattern will emerge, but I do know that I've seen it on the smaller TFs up until now. If you're in a buy, be patient. Price may drop closer to NY close, but will most likely consolidate for the next two sessions. You have to make the choice to get in on this pair because the bears will bring in the volume and chase those lows. Being aware during minor structure break assisted me a lot in these positions.