SMCWolfFX

SMCWolfFX

Keeping it nice and simple with my analysis today morning. We could potentially be seeing bullish price delivery within the markets today for the USDCAD. *Please note that these are not entry signals, and simply just charting analysis for what I expect to see within the markets today. Safe trading everyone :) Aman | SMC Wolf FX

SMCWolfFX

Hi everyone - Looking at simple price delivery, expecting this pair to trade further down, at least below the retail trend line and rallying back into a 4H order block. Fundamentally supported by the recent data from the commitment of traders report provided by the Chicago Mercantile Exchange showing a net short position within commercial entities. The UK has...

SMCWolfFX

Hi everyone and hope we've all had a good weekend. Just sharing my chart after doing some back testing on the EURUSD for the previous week. Only 3 trades, but very accurate and benefiting from majority of the daily ranges by: - Applying Smart Money Concepts - Using the Central Banker Dealers Range - Utilising Interbank Pricing Delivery Algorithm - Avoiding the...

SMCWolfFX

Happy Friday all - The Dollar really has had a beating from mid week with other currencies gaining strength against it, but could we see some redemption to close off the week? Here is my current London open analysis, a forecast that we take out the equal highs (buy side liquidity), mitigate in to a clean 1H order block and begin to trade back down again following...

SMCWolfFX

Hi Everyone. Dollar has been going from strength to strength, but is the DXY running out of gas? I've shared my intraday markup, We could finish the week off with some strength to efficiently price in the previous drop within price before continuing a bearish run. I've listed some points below scoping out the bigger picture right now with the Dollar: Support...

SMCWolfFX

Hi and hope your trading day has been good. As expected price did remain bullish today with further dollar weakness. However price did not trace into the 1H order block as initially marked out, but instead traded into equilibrium, filling in a fair value gap which was left behind and turning bullish from a 15M order block. Let's see if we have enough volume for...

SMCWolfFX

Hi everyone - here is my current intraday bias for the EURUSD. I'm expecting some dollar strength this morning allowing this pair to trade down into a 1H order block before potentially have the tendency to continue it's bullish run with support of dollar weakness. I've also put a quick mark-up of the USD index below: Aman | SMC Wolf FX

SMCWolfFX

Hi everyone, Today has been another textbook trading day and our profit objective has been successfully achieved. 1:6rr @ +116 pips Very simple setup, looked at price taking out the Asian lows this morning, where I then begun to look for an entry once the liquidity was taken. Executed off a 5 minute order block during London open whilst having a profit target...

SMCWolfFX

Hi guys - quick New York open update, our morning analysis and bias still remains valid, we've taken out our Asian lows and slowly trading up higher - We've wicked up into the similar equal highs area, ready for the built up liquidity pool to be taken. Aman | SMC Wolf FX

SMCWolfFX

Morning everyone, so we have infact created a new lower low on EURUSD which has the possibility to be our weekly low - or we could still create a weekly low this morning. I've shared my chart for todays daily bias, will be looking for longs this morning to target yesterday's equal highs left behind. Safe trading. Aman | SMC Wolf FX

SMCWolfFX

And that's all she wrote - my trading day has officially come to end and all positions are closed on this beautiful EUR/USD setup today benefiting from most of it's daily range. Please see my 5M chart below, I hope the visualisation is enough to grasp the concept and my logic for today's setup on the EUR/USD. Also this bias was shared earlier today :) Trade 1:...

SMCWolfFX

Hi everyone - some beautiful price action on the EUR/USD chart this morning. Our CBDR range was tight at 20 pips with IPDA true day range opening bullish indicating that I should be looking at sells during the London open hours. We marked up the standard deviation x2 into a 15M OB, entering off the SD 2 price point. We have both FED's Chair Powell and ECB's...

SMCWolfFX

We ended the day off at +3.44% on the GBP/USD, with a -1% setup in the London session, finishing off the day with a +4.44% during the London killzone. Unfortunately the initial setup idea (that was also shared) became invalid as price did trade up higher in the NY open, taking out liquidity and pricing into a 1H OB. However, saw an opportunity during the London...

SMCWolfFX

Panic amid rumours that the Bank of England may have to intervene, analysts think that could even happen this week as we approach close to parity level. From an intraday technical view point, we could continue trading lower today below the Sunday open level going against the fact that price has currently filled in it's fair value gap and has traded back into a...

SMCWolfFX

Interim Dollar weakness expected? Well let's see how the market unfolds - Here is my 4H chart for the USD/CHF, based on the story which the charts wants to tell me, I'm currently looking at price trading lower from this 4H order block. Aman | SMC Wolf FX

SMCWolfFX

Can you see the accumulation > manipulation > distribution phases on this chart? My current bias is that i'm looking at the distribution phase coming to an end, taking out the previous low straight into a breaker block and I'm currently looking at price trading up higher. Aman | SMC Wolf FX

SMCWolfFX

Keeping it nice and simple on this pair. I'm currently geared towards seeing GBP having some recovery after a heavy previous week. Going with what the chart is telling me, looking at price trading up into the 4H OB before trading down. Aman | SMC Wolf FX

SMCWolfFX

Wow what a week we had last week, with many high impact events happening during this week making GBPUSD trade lower and lower. Welcome to the 'great reset', could we be heading toward 0.98? well we will wait and see. Nonetheless guys, please see my markup on the 4 hour chart, we have left a lot behind within the market that can allow this pair to trade higher to...