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Trappedtraders

EURUSD: The Range Trap 🐻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 theory, we could assume that this fresh demand will be the zone to give buyers strength to push for that sell-side liquidity. If the price respects this demand throughout London, I will consider buying into the weak supply, updates to follow. Give this post a thumbs up if you like my breakdown! 🔥
Long
by AlkalineFX
7
Emini / ES / SPY (4H) Backtest : 57% win rate across 21 tradesWinners = 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 breakeven Cross : Did not take the trade due to presence of liquidity (equal highs) behind the stop loss Variables Avg winner = 1.6R Strategy : wait for market structure break, then trade the retest of that zone. Zone is drawn using the first candle which crossed the pivot high/low to trap the traders.
CME_MINI:ES1!
by makuchaku
USDCAD (4H) Backtest : Break of market structureWinners = 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 breakeven Cross : Did not take the trade due to presence of liquidity behind the stop loss Variables Avg winner = 1.6R Strategy : wait for market structure break, then trade the retest of that zone (against the trapped traders).
by makuchaku
BYND- Bullish continuation or distribution?Whether you like it or not, BYND is the first mover in the alternative meat industry. There is just way too much upside and growth to be captured in this nascent industry. Future trend toward green environment and sustainability will only push this industry higher. Three scenarios- #1. Test the local resistance one more time and break out of the bull flag pattern. Third time is the charm! #2. Retrace first, then trapped shorts cover their shorts which propel the price higher. Swing long opportunity. #3. Key support lvl broken. Long at the second key support lvl. Positional long opportunity. Click like & follow me if you find my analysis useful. Much appreciated!
NASDAQ:BYND
by Libratus