GBP/JPY Buy Setup – Targeting the Next Leg Up from Key Order Block The GBP/JPY pair is currently presenting a promising long setup on the 1-hour chart. After a strong bullish rally that broke significant highs, the market has pulled back and is consolidating near a previously defined bullish order block in the 193.865–193.418 region. This zone aligns with an...
On April 9, 2025, I conducted a chart analysis and drew a vertical line labeled WLQ (Weekly Liquidity). The following week, I observed what appeared to be a wick touching the WLQ line. I initially blamed myself for being careless and possibly overlooking this detail. However, I was fairly confident that I hadn’t made such an error. A day or two later, upon...
What is Bookkeeping? Bookkeeping is simply keeping track of all the money coming in and going out. Businesses use it to record their income, expenses, and profits, but traders can use it too. In trading, bookkeeping means recording every trade you take—wins, losses, fees, and even your emotions during the trade. How to Apply Bookkeeping in Trading Record...
What is Weekly Bias in Trading? Weekly bias is just a way of figuring out which direction the market is likely to move over the course of a week. It helps traders decide whether they should be looking for buys or sells, making their trades more in sync with the market’s momentum. How to Figure Out Weekly Bias 1. Last Week’s Close: - If last week’s...
BTC price project. Am looking for Longs around the 4 Hour Point Of Interest. If My price projection is accurate this means This week Tuesday will be our Weekly Low and BTC may trade above the 87,500.
The Euro’s strength compared to the British Pound (GBP) often comes down to a mix of economic fundamentals, market sentiment, and geopolitical factors. Think of it like this: the Eurozone and the UK are two neighbors with very different stories. The Eurozone, despite its challenges, has often been seen as a more stable and unified bloc, especially during times of...
we have an high that formed on Monday and Tuesday has managed to liquidate a Monday low with this type of price profile am suggesting lower prices by close of markets today with price testing a POI formed on Monday.
The Monthly Price Action In this type of price action, we focus on the month, week, and day. As an intraday trader, I spend most of my time analyzing the daily market movements. This approach utilizes Michael's theory of liquidity and the Power of Three. The Power of Three, as taught by ICT, refers to a concept related to the daily open, high, low, and close...
premium and discount The BTC showed a big reaction to the law suits impressed on the worlds biggest crypto exchanges, but we look at the price action all looks good and its following the patterns we all like to trade. current is showing us buying opportunities to buy but i will recommend to wait till all imbalance is filled. when trading we buy in discount zones...
Patience and Discipline IN order to succeeded in the trading industry a lot of technique must be mastered understanding how the markets works and how to reacts to different situations should be on every traders list. Patience This refers to accepting delay or waiting for something to be ready while you wait. in trading the best trading opportunity comes...
I have developed this skill to divide my charts into different phases to help me understand and calculate the possibility of a trend and this also helps me in risk management.
its time to buy the good old cardano its showing a good change in price action and when this happens it will pump alot of volumes and we are off to space. i will advice day traders to open long trades on this pair
I trust volumes because they are the only thing that moves the market,
The Dow Theory is a financial theory that was developed by Charles Dow, the founder of the Wall Street Journal. The theory is based on the analysis of the stock market and is used to predict future trends in the market. The Dow Theory is considered to be one of the foundational theories of technical analysis. According to the Dow Theory, the market moves in three...
EURJPY, or the Euro-Japanese Yen currency pair, is a popular currency pair in the world of Forex trading. It represents the exchange rate between the Euro, the currency of the European Union, and the Japanese Yen, the currency of Japan. The EURJPY is one of the most volatile currency pairs, making it a favorite among traders who seek high-risk, high-reward...
using market structure analyst methods i believe this pair will buy for days to come maybe till end next week or so
From todays onwards I will be posting smart money signals this may include, order blocks , break of structure, change of character and many more i think smart money concepts are misunderstood by a lot of traders and this has resulted in trashing the religion.
Am i the only one who is afraid to trade the market opening (London session ) I am from southern Africa this means i get to trade both New York session and London session, but i dont trade the market opening because i am afraid to be cut out. today i decide it and all my GOD it worked