Look for a pullback/correction with unintentional candles and buy the market when you see interest coming in. ->Usually accompanied with an increase in volume (interest). -->71% of Fibonacci looks attractive point for the market to continue the move.
Here, we are waiting USDCAD to form the new Lower High in order to short it. It has a strong downtrend momentum for the past days and as USD showed weakness on DXY (USD index), we are going to sell USDCAD from the most optimal area, offering us a very good risk to reward (1:5).
--->THIS IS SMART MONEY CONCEPTS, NO INDICATORS, ONLY PRICE ACTION<--- ->NZDUSD is at a very critical area, where it's ready to push higher in order to create the new Higher High and continue the trend direction. ->If it breaks the previous low / support, then it will probably change the trend direction because it would break the uptrend structure. ->Our...
EURCAD is at a very critical medication point where offers the best risk to reward in order to continue the downtrend movement. At this price it offers minimize stop loss and we look to make a new lower low.
Here as you can see, Bitcoin is going to a very critical level 50.000$ where is exactly aligned with Fibonacci level 61.8%. I believe this level will play out as very strong support as it's also a psychological level. This offers the opportunity for the smart money (Big banks and Institutions) to buy aggressively at the medication point. At that price, BTC offers...
BTC got a nice rejection in a smaller timeframes in the highlighted line. The question is that whether is the time for BTC to rise again. The risk to reward ratio here is very favorable and I think this is a good price to get our chances on Bitcoin because if it breaks that Low, it will break the structure and probably continue the downward movement for a little more.
As you can see GOLD is trying to create a Lower Low in order to push higher for one more leg. Market has the potential to push a lot more higher. Here we are trying to get a nice 1/5 move.
---> SMART MONEY CONCEPT <--- Smart money sweep all the liquidity was below the support line from 10.03 and now they are ready to push the market higher to reach the upper line/resistance line of liquidity. As we can see, market broke support and immediately close within the trading range. ->This offer us a quite nice risk to reward.
After the deep retracement, EURUSD is ready to push higher, offering us a nice 1/4 opportunity
---> SMART MONEY TRADING <--- Here we are looking for the retracement from the big bullish candle from yesterday's FOMC news. Our technical analysis is aligned with the yesterdays Fed announcement (Fundamental news). If we break higher, we can extend target to 200+ pips. -> Watch for the medication point, where the continuation will occur and enter the...
Here as you can see USDCAD was in an accumulation mode since yesterday, in order for smart money to build orderflow. Now after the Sign Of Strength, the cycle was completed & it's time for us to enter the market. The risk to reward is quite great, offering us 1/10. Risk Management: At 1:3 --> 1/3 partial profits. At 1:6 --> 1/3 partial profits. At 1:10 --> 1/3...
We will try to catch the continuation on the 1H uptrend
---> SMART MONEY CONCEPTS <--- Here as you can see EURGBP formed a Wyckoff schematics and done it's accumulation. Now it's ready to move higher offering a great risk to reward (1/10). Logic behind the idea: ->After an extended move to the downside, market got in consolidation mode, in order to build orderflow to push the market higher. ->After the spring, where...
Here is an example of Distribution in Wyckoff Schematics. Here as you can see you could easily trade with the smart money and take huge profits if you just understood how smart money move the market in order to get where they want. It works on all timeframes in reverses areas, where you believe, based on your analysis that the market is likely to reverse.
Wyckoff theory is a way to understand where the smart money(Institutions & Large banks) want to move the market and when you can enter and add to your profitable entries. If you understand the way smart money moves the market, then you can profit with them! It can be used in all timeframes.
---> SWING TRADE IDEA <--- ---> NAKED ANALYSIS, ONLY PRICE ACTION AND CHART PATTERNS, NO INDICATORS <--- Gold as you can see is at a very critical area, where it seems to respect. After a 78% Fibonacci retracement it's time to follow the major uptrend move.
Here as you can see the market breaks sharply the previous low(support) and now it's going for re-test. After the morning announcement for the second bond purchase the AUD lost a lot of strength and the potential for a drop is high. --> Wait for the market to re-test the resistance and SHORT THE TOP ! ! !
---> THIS IS NAKED ANALYSIS, ONLY PRICE ACTION AND CHART PATTERNS ANALYSIS <--- Here as you can see the market after the breakout of the support it form an ABC correction/continuation pattern to continue the drop. Big risk to reward as your stop loss should not be more than 25 pips.