Lukegforex

Lukegforex

AUD/USD 4H - You will notice above we have placed multiple positions on this market and have had great success from it. Last Sunday I predicted this move higher from the fractal zone I have highlighted, check previous Ideas sent. I am wanting to see this bullishness continue this week, trailing us into our higher TF POI. This POI is holding Supply that will...

Lukegforex

EUR/USD 1H - Looking at this market we can see how price has tapped into a higher TF POI of mine and has since delivered us with an increase in Supply, why? Because we have seen the creation in lower lows and price has slowed massively in terms of bullish power, this tells us that supply has been introduced and we may see the creation of its next bearish leg. In...

Lukegforex

US/OIL 4H - As you can see above we have the US/OIL market, I believe this market is currently within a corrective phase trailing us into a higher TF demand zone. I have gone ahead and highlighted this for you all as a potential area we can look to buy into from longer term (66.03-68.116). Along with that I have also addressed where I would place my TP Target...

Lukegforex

As we can see price has penetrated a higher TF POI and has broken structure to the downside. This is suggesting that enough supply has been introduced into the market from the penetration of the POI to stop the higher TF bullish trend and start the next bearish trend. What we want now is for price to finish putting in this fractal corrective wave so we can...

Lukegforex

How we getting on guys, if you look at previous Ideas that I have sent out you will know that I sold into this market twice around 1749-1751 area. Once on the open and the second time from our re-entry zone. We have just now had confluence that further bearishness is inbound based on the higher TF BOS that price has just delivered us with. If you placed...

Lukegforex

As you can see my original position has been very successful so far, delivering me with over + 180 Pips. With and SL of just 30 pips thats offered me with 6RR so far. Above you will see I have highlighted a Re-sell zone that I believe price has come to tap into before taking its next leg lower. This is to clear the unmitigated last buy to sell zone. From here...

Lukegforex Updated 

XAU/USD 30M - As you can see from the above structure, price has delivered us with the confirmation that bullishness is no longer in play and the bears are in control. How do we know this? Because we are not longer seeing Higher Highs and Lows, we are now seeing Lower Highs and Lows, this is following bearish laws. With this market now following bearishness and...

Lukegforex

AUD/USD 1H - Above you will see multiple positions that could be placed on this market come this trading week. What I want to see is for price to continue putting in this fractal correction into a smaller POI of mine giving us the ability to place buy positions before I look to sell longer term. We will want a penetration of either or both buy zones and for...

Lukegforex

EUR/AUD 30M - As we can see from the above screenshot price has penetrated a higher timeframe POI of mine and has since rejected well from it. In order for me to have the confirmation to enter in on a short position I would need to be provided with a BOS to the downside as this would confirm that the corrective wave that took us into the higher timeframe POI has...

Lukegforex

GBP/USD 30M - This is another market I am looking to take part in this coming week, I just need the right confirmation in order to execute a position. We have seen price penetrate a higher timeframe POI of mine and since then delivering us with bearishness. This is a great sign of a higher timeframe reversal and could suggest the start of the next higher...

Lukegforex

GBP/AUD 1H - As we can see above, we have had the penetration of a higher TF POI. This penetration will have introduced a-lot of Supply into the market which will hopefully flip the Supply and Demand balance instigating the creation of its next impulsive wave lower. As the overall structure of this market is bearish we want to be looking for those sell positions....

Lukegforex

As you can see from above I am shorting XAU/USD from the zone I have highlighted above. I have found an unmitigated zone in the market on the 1H timeframe which is holding Supply. This zone will be holding enough supply to flip the Supply & Demand balance, this will set create and start the next bearish impulsive wave lower. My SL is set above the the zone and...

Lukegforex

How we getting on guys! Just wanted to drop my analysis down on the XAU/USD market. I have had great success with this pair as of recent. I believe this market is temporarily bullish whilst price is still within this higher TF corrective wave, once we see price trail into my higher TF POI, I am wanting to see price reverse. My POI is situated between 1708-1715....

Lukegforex

EUR/AUD 1H & 15M - How we getting on people! Been a while but I have gone ahead and provided you all with analysis for this pair specifically as this is a pair I am looking to trade very soon! As you can see I have tried to illustrate as best as I could how I want price to play out, where I want to execute and my reasoning behind it. You’ll notice I have...

Lukegforex

Looking at GBP/USD on the 4H timeframe, it's evident that its been producing bearish structure since Feb. I have drawn out both a Supply and Demand zone on my chart as I believe now price has tapped into supply we will now see the next impulse down. I would like to see price come down to the previous level of demand, but before then and before I place a short...