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Supplyandemandzones

USDJPY is crazy! Aggressive and conservative plansAggressive and conservative plan for UJ. It's very bullish overall, but it's still possible to be very aggressive and look for some daytrading shorts. 📉 Text marks: 🔹 IL = impulse leg. Inside of IL we can usually see inside structure, which is secondary in nature, like a market noise, unless you trade it on LTF, as it’s own IL. 🔹 ph, pl = protected high or low, which holds current structural impulse. 🔹 bos = break of structure . Based on candle body close below/above previous structural impulse. 🔹 rsz, rdz = refined supply and demand zones. Specific areas to look for LTF confirmations. They are manipulative up-moves before real down moves, or vice versa. Strong hands (the Composite Man, as Wyckoff called it) often come back to such zones to close their manipulative orders at breakeven, before pushing prices further. If body closes outside of the zone, in most cases it will mean the cancellation of the setup. 🔹 if ltf confirms = entry only if there's a shift of structure on lower TF inside of rsz or rdz, or any other type of backtested and approved confirmation. 🔹 liq target = liquidity target: next profit taking levels for strong hands, our main targets based on current price action. ☝️Disclaimer: ALL ideas here are for EDUCATIONAL and MARKETING purposes only, not a financial advice, NOT A SIGNAL. I share my view on the market and search for like-minded traders. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as trading in a simulated environment. 👉I believe that "right or wrong" mentality is a fundamental flaw of any beginner. In reality, a trader is right only when he executes the system and follows his rules, and he's wrong only when he's taking random setups. A trader should find a system he's willing to work with long-term, hindsight test, backtest and then execute live, then refine until perfection. 🚀Thanks for your BOOSTS and support🚀 💬Send your comments and questions below, share your ideas and charts, I'll be glad to talk to you💬
by Yelli_trades
13
XAUUSD mid term SellHello traders. After a long bullish move for gold, I can see that there are many sell order in the zone 1660-1680 based on volume profile. The area of 1675 - 1707 which used to be great demand area - ideal for longs, is not valid as support any more. Despite the global financial crisis, USD is getting really strong in the mid-term. The Demand zones close to 1570 and 1470 respectively, have not been visitied by price action since long time ago. Technical analysis is a depiction of mass psychology included retail traders and banks. I can observe a significant selling direction. But, they will go for stop hunting for sure. Any price action of candles even closed above 1680 and any similar spikes will be great for sells. Reduce your lot sizes and prepare for over 1000 pips move. 1615 level was exposed pointing weakness of gold buyers. There are huge wicks at weekly demand zones which indicate huge sell orders back then with liquidity left. This sell orders come from hedge funds and big institutions and they must be closed without loss. For more than 2 years, these insitutions kept their sell orders by putting hedge strategies towards the ATH of gold. Now it seems that the time has come to finish it. We can't be sure what will come next. I believe that for long term buys, the ideal areas are 1350-1470. For prop firm traders with obligations and rules, this strategy can be broken down to quite smaller TP levels. But for those who trade without time constraints and they try to increase their small account, please reduce your lot to as minimum as possible. This pair is getting really low. Weekly TF is trong as well as Daily. If picture is not clear, change to 4H or 1H for quicker moves taking advantage of the trend (Do not counter trend it is more risky). Market Makers will not give that profit to us easily. Instead, they will definitely try to trap us by creating fake and short - time buy orders, this is why I draw bigger price areas and I apply big SL levels. You can find short entry levels by applying Fib retracement to big impulses and help yourself. Remember that you must always rely on your analysis and R:R management. This is just my idea, not a signal!!! Good luck and please provide feedback with comments and analysis!
FXOPEN:XAUUSDShort
by The_Forex_Path
1
AUDUSD Swing Upward 200+ PipsWelcome back! Let me know your thoughts in the comments! **AUDUSD - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Long
by BKTradingAcademy
8
EURUSD either waysHello dear Traders. Looking at the eurusd for the next week, I am between two possible scenarios. Either the price action will continue the fresh trend by giving LL and LH respecting the descending trend line and will be a short opportunity after the break-retest of demand zone of 0.97638 searching for the yearly lows of EU. Or it will form a new structure consisted of HH - HL breaking the bearish trend line and coninuing according to the new one heading to the nearest strong supply zone. Waiting for your comments. Good Luck
by The_Forex_Path
USDJPY EURUSD AUDUSD GBPUSD Markup No trade for me todayIt's FOMC Day today. Im in Asia. I wont be getting into any trades until tomorrow asia time after the FOMC result. Just a few thoughts. 75bps is pretty much priced in the market, so i think if its only 75bps plus a dovish message along with it I think market well have a breather and see DXY correcting. Anything higher than 75bps is gonna be wild.. Goodluck trading out there. here are some markups USDJPY eurusd audusd www.tradingview.com gbpusd 1w trading below quarterly level looks over extended very bearish 4h no sign of reversal. Prev candlw was a bullish one but current seems bearish . Stay away
by Junmadayag
3
If 1680.500 continues to reject i'll be looking for shorts!Gold - Price sitting in a 4H range, If 1680.500 continues to reject i'll be looking for shorts, the Daily has failed 3 times to break this resistance level, maybe we see a Liquidity hunt of the highs today and a continuation down but lets see, price currently rejecting from 1671.000 zone, if price continues to fail to break this level i’ll look for short term buys towards the highs with confirmation. Let me know your gold thoughts!
OANDA:XAUUSD
by benalistarfx