Samuel_Sowedi

Samuel_Sowedi

Price still bullish because we have not yet tagged the previous weekly swing high. However, where the price is currently is too expensive to buy. wait for pullbacks to below 50% where you can buy at fair value. If price takes out the liquidity draw before returning to far value, then I will be expecting a deeper pull back on the daily Time frame. Always wait for...

Samuel_Sowedi

Look at the Daily Time Frame. At the time of writing this, I am neutral. price is trading in the middle of a dealing Range. I dont want to be caught up in there. So two things will happen; 1. Wait for price to get up above Equilibrium so that I sell to the Engineered liquidity set below with relative equal lows 2. Sit on my hands and observe Price. Being neutral...

Samuel_Sowedi

Dollar index bullish means lower prices for foreign currencies and commodities. Watch for the long positions on the index in the next few weeks

Samuel_Sowedi

Read the annotations on the chart carefully. Price is still bearish on a monthly TF. but Lower TF are showing Bullish momentum. Its expensive to buy. Wait for price to get below Eq to place your long entries. You can sell to discount as well. Trade Smart

Samuel_Sowedi

Look carefully at the chart Annotations. It is expensive to buy in as much as we are in an uptrend. Next week, we shall be looking at Sell ideas for the next few weeks. This means the dollar index is expected to support our idea. Trade Smart.

Samuel_Sowedi Updated 

This is what I am looking at in the short-term. 1. There was a grab of liquidity and market broke to the downside 2. Market has reacted at a main institutional level of 1.2000 3. We have a market shift to the upwards. we expect to be out at the touch of the breaker. 4. We shall wait to see if the market wants to proceed further upward or reverse. This could not...

Samuel_Sowedi Updated 

MY TAKE ON POUND FOR THE NEXT 2 - 4 MONTHS 1. From a monthly Time Frame, Price has been offering Sell side the better part of 2022. 2. Price has begun to offer buy side for price efficiency. 3. Price is currently below equilibrium. This means, it is offering opportunities to buy to Premium. 4. If price cant take out the low of Jan and fill the FVG, this will be...

Samuel_Sowedi Updated 

As the dollar rises in value, we enter into a risk off scenario. this means foreign currencies lose value. The pound has generally shown some weakness than the euro. so it will favor more sell opportunities than the Euro. Look for sell opportunities unless the market breaks structure. any moves to the upside is an opportunity to enter short. Trade Smart.

Samuel_Sowedi

We had a break of structure last week. and we have seen EURUSD retrace. However, being that today is CPI, we expect some volatility in the market. but that does not change the bias of the instrument. Whatever the case, I am looking for sell opportunities. The dollar index has shown indications of rallying higher. Be smart

Samuel_Sowedi

GOLD We have a structure shift on the Daily Timeframe. We shall be looking to sell at premiums and exit at equilibrium on the weekly TF. Comparing with the Dollar Index, we can tell that dollar is on a short-term strength. So we sell at the next pullback. Trade Smart

Samuel_Sowedi

This is the dollar Index. There was distribution and the market broke to the downside. The market has just cleared liquidity from an old low and headed upwards breaking structure to the upside. Does this mean we have changed sentiment? NO! It only means the dollar is retracing back to collect internal liquidity before expanding lower again. Always remember the...

Samuel_Sowedi

Just like any other usd pair, we have entered a retracement. Until we break below the COOF - Our bias is still bullish. But we shall be looking to buy at discount. In the meantime, any opportunity to sell, we take it. But our exit shall be at any of the PD Arrays. This is a short-term Sell. Trade Smart.

Samuel_Sowedi

Okay. Now let us look at the play here. This is EURSD Pair. What do we expect for this coming week? 1. We can notice the pullback has started. why? We have a Market structure Break on the daily TF. 2. We shall look to sell at Premium this coming week. 3. Unless the price breaks below the old swing low formed at the daily TF, we are still bullish on this pair....

Samuel_Sowedi

*EURAUD* I am as well Keen on this pair which we have been trading for the most of the time last month. We are on a downtrend, but this downtrend is a retracement of the larger leg of wave C before the market resumes its long-term downtrend. we already have wave a and wave b of 2. Now what the market is presenting to us is wave c of 2. Waves C are always...

Samuel_Sowedi

*GBPJPY* I am keen on this pair for this month of June 2022. The uptrend has resumed and as we know, the market never moves in a straight up. It has to move in waves. We have seen wave 1 form. And a,b form as well. What the market is hinting to us at the moment is a possible wave c of ii because it has broken structure to the downside. We already have wave 1...

Samuel_Sowedi

*EURAUD* Our channel is clear. We can see that wave has already finished. Like I said before, it was a complex Correction and it was. How did we know? The guideline of alternation. But anyway. Let’s look at what we have. We have finished wave 4. Now we start on the wave 5. We have not broken structure of wave B of C of wave 4. We shall look to observe this on...

Samuel_Sowedi

*GBPJPY* Looking at this Pair from a larger time frame, we notice we are still in a correction of wave C of the larger downtrend. Now. The Market just finished forming wave 2 of 3 of C because it has broken the structure of previous wave 4. This is going to be a very long buy to the 200 point area since wave 3s are known to be the longest waves. Because of their...

Samuel_Sowedi

*EURAUD* My eyes are still on this pair. From what we can see, we have just completed the wave 3 structure and market retraced to give us an abc structure. We then moved up and made 62 points of profits. However, the market moved down and broke the low of the previous abc structure but is seen to be respecting the structure of end of wave 1. Now from the look of...