We might be seeing the beginning of the move of the week after price appeared to be shifting structure to the downside right after what might be a fakeOff from 19750, if you are familiar with the wyckoff price schematics one might say that we just saw an area of distribution that might push price to the downside. We did see that the last point of supply pushed...
We might be seeing the beginning of the move of the week after price appeared to be shifting structure to the downside right after what might be a fakeOff from 19750, if you are familiar with the wyckoff price schematics one might say that we just saw an area of distribution that might push price to the downside. We did see that the last point of supply pushed...
When the 2024 candle opened price immediately moved to the downside, on the second week of the year price started accumulating, broke structure and pulled back to re-test price. There is a good chance for price to move to the up-side in the first half of the year. But let's wait for more data to have that final conclusion.
On the daily TF there was a hush move to the upside that was swept on Monday's trading session, this then cause a major inducement in sellside liquidity to a lot of equal lows created on the lower TF.
A more in depth video is coming based on this breakdown, the week was comfortably bearish on Nasdaq. From Tuesday we have been getting a lot of proper displacements creating FVGs that gave us clear opportunities to go short, but Wednesday's trading session was most lucrative and the move was quite easy to catch.
It does not matter how you choose to look at the market, so long as you understand what is taking place behind the scenes, you become one of the toughest traders around, nothing in the market is random, everything that happens can be analyzed and caught before it takes place, you just need to know what you are looking for.
I am no trading guru, but here is my view on Gold, last week we experienced quite a silent trend which in itself created so much liquidity on the market, which in turn trapped a lot of traders that kept entering trades too early, last week's low was taken out this morning and with a great impulse, the sellside liquidity has be grabbed and the the focus will...
EURUSD 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...
Gold 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.
Although i did not have a worthy trade setup on wednesday, EURUSD provided an amazing trading week for many, this is the perfect example of what true institutional trading and market manipulation is all about. If you know what you are looking for, the market becomes your play ground. learn the truth of the market and stop following these IG "gurus" that mostly...
Us30 is about to complete it's spring, which can provide a very good trade opportunity because we will have a test of the spring afterwards and then we go long, possibity of the spring to also test a H4 orderblock along the way which will give us another chance to add on to our trades