Lukegforex

Lukegforex

AUD/USD 15M Update - As you can see price broke structure to the downside earlier on today meaning that further bearishness is to come. With that being said before it can continue we need to see price pullback into a Supply zone. You will notice that I have gone ahead and highlighted three potential zones that I deem as valid for a place to look to sell from. In...

Lukegforex

XAU/USD 30M - As we can see I am wanting to see price continue to trade us higher into the market and sweep the Supply zone I have highlighted above. Once price sweeps said zone, I would assume that enough Supply will have been introduced to flip the Supply & Demand balance, we should see the creation of a new bearish trend taking us lower into the market. We...

Lukegforex

AUD/USD 4H - Above you will see that I am looking to capitalise on both the correction and the impulse that would follow, in order for us to do that we need to have the confirmation that the correction is in bound. We would get this confirmation via a BOS to the downside, I have gone ahead and highlighted this out for you. A break in the low highlighted would...

Lukegforex

EUR/USD 1H - As we can see from the above screenshot price is approaching a potential sell zone that I have highlighted our for you all. We could look to sell from this zone assuming we are delivered with the right confirmation to do so. What we want to see is for price to trail up into said zone and deliver us with good signs of rejection, this will be our first...

Lukegforex

GBP/USD 1H - As we can see above I have gone ahead and drawn out a path on exactly how I want to see price play out. I believe this bullishness is to continue into our higher TF Supply zone where we can then look to sell. By price penetrating said zone there will be a huge introduction in Supply and bears will be actively looking to push price lower, on top of...

Lukegforex

XAU/USD 1H - Above you will see a full path that I have drawn out for you all on how I see this market playing out this coming trading week. I believe that we could look for selling opportunities once we are delivered with a penetration of this higher timeframe POI. A penetration from this zone should conclude this current trend and start a new bearish one....

Lukegforex

EUR/USD 1H - As we can see price is still putting in bullish structure both fractally and on the higher timeframes. I am wanting to see price break down and start trading us lower. We will have confirmation of a bearish leg once we see price surpass the previous structural low, this is deemed as a protected low within this bullish structure as it went on to...

Lukegforex

GBP/USD 1H - With this market I believe bullishness is to continue until we see price tap into the Supply zone I have highlighted above. I have tried to identify Supply zones fractally that price can trail and tap back into, allowing us to get an entry but with a lack in volume over the course of the week and then to be hit with the CPI price has disregarded...

Lukegforex

AUD/USD 1H - I still believe this market is going to break down and deliver us with the pullback we want in order to get involved in buy positions. I have the above demand zone as an area we can look to get involved from. By waiting for price to trail back into this demand zone we are able to really refine our entry which increases our RR and the swing we can...

Lukegforex

XAU/USD 1H - As you can see above this is the setup I have for this market, in order for this to come to fruition we would need to see this market break down and produce us with the bearishness we desire. This will come if we see price tap into a Supply zone above, I thought that with price recently tapping into the Supply zone highlighted that enough would have...

Lukegforex

EUR/USD 15M - If you wanted to look to sell into this market before we buy longer term you could do, in order for me to deem this as safe I would want to see a break in the last structural low as highlighted above. Once we have seen the low break this would confirm that price is to continue bearish and that the correction is in play, we can then look to place...

Lukegforex

EUR/USD 1H - As you can see I have gone ahead and looked at the lower timeframe structure for areas that I believe hold good potential in a refined entry. We know that the overall trend is Bullish and we want to be buying into this market, so the best thing we can do is look at the fractal structure for areas that we can look to buy from. Above you will find...

Lukegforex

XAU/USD 1H - Above you will see that price has as of recently just tapped into a valid Supply zone. We have seen price tap in with good volume which is a good sign when we are looking for reversals from these points of interest. What we want to see now is for price to break structure to the downside and deliver us with the confirmation we need in order to look...

Lukegforex

AUD/USD 15M - As we can see here price has continued trading us lower actually breaking structure to the downside. This in theory tells us that the current push higher has finished and the trend has now flipped. What we want to see now is for price to continue in this bearish way putting in lower highs and lower lows so we can look to get involved in scalp like...

Lukegforex

EUR/USD 1D - Above you will see my extreme timeframe bias for this market. By zooming out and looking at the extreme higher timeframe structure you are able to understand the overall trend of a market. As you can see the overall structure of this market is bearish, this gives us our bias and the direction to trade in. We can buy into a selling market but we...

Lukegforex

GBP/USD 1H - As we can see above price has broken structure to the upside, this confirms that this higher TF impulsive wave that took the market lower has finished and the correction is in play. We now want to see this corrective wave continue its bullish momentum up into our Supply zone that we have highlighted round 1.2376-1.2401 region. Once price penetrates...

Lukegforex

30M - You can see from the screenshot above that price has now tapped and swept a higher timeframe Supply zone, I am wanting to see price now take a leg lower. Before I look to get introduced into this market with sell positions there are a few things I will need in order to have enough confluence to actually place a position. There is clearly enough Supply to...

Lukegforex

EUR/USD 30M - As you can see above I have gone ahead and highlighted a valid last Buy to Sell region, this signifies as a valid Supply zone that we could potentially look to sell from once we see price penetrate. With a-lot of Supply waiting round this zone, once price penetrates and taps in we can expect a-lot of Supply to be introduced flipping that Supply &...