The more I study this chart the more I see the potential for buys to liquidate sell-side liquidity. Using logic, it would seem that buy-side liquidity has already been swept and any trapped sellers that got caught on the breakout have been given an opportunity to close out of negative positions to join the correct side of the market (Hopefully Buys) With this...
This area is where I will be swing selling. The zone is trapped with buyers that need to close out of their losing positions to join sellers. Once the area is met and an entry model is created I will update you all. Have a great trading week gang! 🏌️♂️
Winners = 12 Losers = 5 Breakevens = 4 Total Trades = 21 % Non Losers = 76% % Winners = 57% % Breakevens = 19% % Losers = 24% Win/Loss = 240% Net R = 14.2 Avg R/Winner = 1.18 Avg R/trade = 0.68 Bad trades prevented due to presence of liquidity near SL= 14 Icons on the chart Thumbs up : Trade was a win Thumbs down : Trade was a loss Circle with a cross : Trade was...
Winners = 6 Losers = 3 Breakevens = 4 Total Trades = 13 % Non Losers = 77% % Winners = 46% % Breakevens = 31% % Losers = 23% Win/Loss = 200% Net R = 6.6 Avg R/Winner = 1.1 Avg R/trade = 0.51 Bad trades prevented due to presence of liquidity near SL= 18 Icons on the chart Thumbs up : Trade was a win Thumbs down : Trade was a loss Circle with a cross : Trade was...
Trapped Sellers on 4H are nested inside trapped sellers on Weekly. They will want to exit, giving us a long entry.
Watch what happens when price comes back to either of blue zones. They both have a bunch of trapped traders caught on the wrong side. Use these zones as guides and look for refined entries on H4 when price comes back to them.
Liquidity trap in GBPUSD. The GBPUSD is in a good zone to open sells. It's probable to touch (or keep going down) to 1.27. I wil go short.
Sellers were trapped in the recent uptrend in XAUUSD. Just above them, is a liquidity pocket which was recently taken out. When price reaches these trapped sellers, they'll love to exit their loss making position - (hopefully) giving a beautiful long trade
Trapped sellers will love to exit during a liquidity hunt!
Sunday gap up caught a bunch of sellers by surprise. Their desire to exit is our long trade!
The gap up on Sunday trapped a bunch of sellers, who would have a strong desire to exit when price comes back to them.
These are two important zones to watch for reversals from.
A large volume of sellers are trapped at July 2020 lows - who will have a strong desire to exit when price comes back to them - giving us a long entry.
DXY has trapped buyers and sellers on bottom and top of the monthly chart. This might become an operating range for next few months!
Trapped sellers (from 30m) inside a larger 4h zone - will have an urge to exit when price comes back to them - resulting in a long entry!
The zone at 8943 has a bunch of sellers trapped from the Covid-19 selloff. They would want an exit. That'll be the support.
The volume of trapped buyers above Jan 2020 time high is very low (both on weekly and daily charts). I suspect that we'll see more topside so that market traps more buyers above all time highs before it reverses down violently!
Trapped buyers would have a desire to exit when price comes back to them