There is genius in simplicity. NEVER OVER LEVERAGE. TRUST YOUR TRADE SET UP. HAVE FUN! WE ARE #SNIPERGANG
The narrative for this evening's set up goes as follows: As of Tuesday Aug 9, 2022 8:18pm EST: EURUSD only gave us 43 PIPS of the 88 PIP ADR Range. From this simple assessment we know we have another 44 Pips to go before EUR hits that 88 Pip Extreme. The DXY has opened bullish but left a small Gap which it may retrace into soon and then head north. The...
EURUSD $HORT Narrative of the Morning goes like this ::: 88 PIP ADR has been hit to the Pipette. There is a beautiful genius in simplicity- What goes up MUST come down. As Snipers we KNOW exactly when it should come down DAILY. Therefore we leverage that Market Wisdom in confluence with the DXY has had enough of the Hot weather down south and is proceeding...
Today Monday August 8, 2022 EURUSD only gave us 63.9 pip$ of it's normal 88 PIP ADR. Thus setting up for another run on BSL (Buy Side Liquidity aka Sell Stops aka #MONEY) Price has another 25 Pip$ after it reaches the 63.9 Pip Macro PP that it established 11:20AM EST today. Setting up a LONG during the Morning Zone all the way into a Brand new ADR profile Range...
This signature trade doesn't happen everyday. But when it does it's a beautiful thing! It's like catching a sighting of the Infamous Lockness Monster :) They do exist:) I digress.... This chart illustrates the play. Price has exhausted the average 30 Pip Stop hunt the algorithm does daily and now is on it's decent to give us the full 88pip ADR of...
What goes up eventually will come down. The DXY has taking off North. EURUSD is due for a come down. This chart is the map for your Short set up. Never over leverage. Trust your trade set up. Have fun! Happy Monday!!! I AM PRO TRADING MADE SIMPLE WE ARE #SniperGang
The DXY has broke South. The news always causes the DXY to re-balance itself and the Market. Price Moves for TWO REASONS 1. liquidity 2. imbalance- to re-balance the market. When the market is rebalance it is in its natural state. aka Consolidation. Simplicity is always King. Indicators lag and you should never rely on them when trading live. The DXY is REAL...
This chart breaks down a SHORT set up. Eth likes to liquidate both long and shorts AS she makes the main move south. It's the weekend. Put something light on her and let her run the course to Miami (SOUTH aka SHORT) There is genius in simplicity. This simple chart expresses That Fact. Bitcoin is buying and these two often are Ying and Yang.... to add to your...
"They that wait upon the Lord shall renew their strength. They shall mount on wings of eagles and soar!' Excerpt from Isaiah 40:27-31 Patience and Discipline. Patience to wait on your trade set up. Discipline to stay with the BIAS determined for your set up aka Trading With the TREND. If you followed my previous post you're gonna have a GREAT WEEKEND$:)!...
Price moves for two reasons: 1. Liquidity 2.Imbalances In this chart we have BOTH. After a afternoon of going NORTH and the DXY being Bearish it's only right that the BULLS on the DXY have a turn and now EURUSD has dropped off it's passengers at the North Pole and is ready to head back south to retrace its 101 PIP ADR. So why not book a ticket on this Flight...
This trade doesn't happen everyday but it does at least twice a week on certain assets. I simply call it the MET TRADE (Mount Everest Trade). It will give you the entire ADR of the Asset. EURUSD is one of those Assets:) As Snipers we rarely rely on Indicators but rather the best real time indicator when trading US BASE Pairs specifically EURUSD. Which is the...
A down day often follows an up day. Let's simplify the markets: The Forex Market has 3 simple moves 1. Up - ala Uptrend 2. Down - aka Downtrend 3. Sideways aka Consolidation Yesterday was a down. Today is UP. Indicators lag and only show data AFTER the fact. The markets are fluid and the best indicator is one that gives Data in REAL time and for EURUSD...
After a day of falling from Mount Everest with a 100 pound bowling ball EURUSD has finally began it's journey north into it's ADR. The DXY Daily is very Bearish this the push on EURUSD North. It's about that time in the evening when moves like this happen. So this long set up is Long Overdue:) Never Over Leverage. Trust your trade set up. Have Fun! I Am...
The DXY has hit resistance and is finally retracing to rebalance itself. EURUSD has been at its extremes but not breaching all the way to another ADR Profile. This is all the confluence we need for this play. Around 2:30PM-3PM EST something happens we call the 3PM PUSH. The key to this trade set up is being on top of the BIAS of the asset you are...
Price breaks it's ADR profile only 20% out of 100. Therefore unless there is HEAVY news on the asset you are trading trust the technicals. There are no coincidences in the Forex Market. This chart proves that Objective Fact. Notice how the Stop Hunt STOPPED EXACTLY at the 88 PIP ADR RANGE. Like I said earlier this morning I expected EURUSD to Long and Smash...
The MZ gave us roughly 43 Pip$. EURUSD has been Maxing out the full 101 PIP ADR Range thus we expect nothing less than that from this pair today. It has already Kissed our 1st TZ in the MZ. EURUSD is poised to Hit all of our TZ's today. In confluence with the DXY still going south to finish a retracement to a Macro PP Level. After the DXY finishes that...
Price has dropped to a very strong POC level and is about to LONG for the end of the day push. The market is predictable although volatile a times. But when you know the BIAS of the day which is BULLISH you can always find a very high probability trade set up. The DXY has Stalled on it's short PB. And is now poised to drop. We know wehn the DXY drops EURUSD...
The DXY has begun it's decent to Miami getting ready to board a Ship further south to Columbia:) When the DXY DIPS EURUSD goes North for the Winter. They are Ying and Yang. This is all the confluence you need for a Long set up into the Next ADR Profile of EURUSD 101 PIP$ The fundamentals all point to the DXY coming down due to inflation. Mr Powell's...