Sherman_Trades

Sherman_Trades Updated 

Trade type BBB Reasons for taking this trade: - We are in daily demand. - exgf move has already happened. - 3OBs have been created hence fulfilling the 3-touch move strategy. - 4HR candlestick might close bullish. - We already have our choch Trade type glossary: Trade type AAA - Very good Trade type BBB - Good Trade type CCC -🧐 I usually use trade types to...

Sherman_Trades

Trade type AAA My previous idea: Reasons for taking this trade. - After the small rally (see idea above) apparently we hit daily SND zone. - We are at premium price levels. - Main bias is sell. - 4HR has closed really bearish

Sherman_Trades Updated 

Trade type AAA My previous idea: Reasons for taking this trade - We hit a major weekly support - CPI data has favoured this pair. Remember, main bias is sell Trade type glossary: Trade type AAA - Very good Trade type BBB - Good Trade type CCC -🧐 I usually use trade types to determine the amount of risk to use: In AAA - 1, 1.5 and 2% In BBB - 0.5% IN CCC - 0.25%

Sherman_Trades Updated 

Trade type AAA Reasons for taking this trade: Trade hit weekly demand and created the first OB that mitigated the first supply zone After hitting weekly demand it created an OB and since liquidity lies below OBs and the price had nit hit daily OB it had to retrace back and clear liquidity below OB. Then the trade retraced to and near first supply zone in which...

Sherman_Trades

Trade type AAA Previous idea: Reasons for taking this trade: - 1HR has closed bullish - 4hr candlestick has just opened. - sell-side liquidity has been cleared. - There are two liquidity pools above that need to be cleared as well. Trade type glossary: Trade type AAA - Very good Trade type BBB - Good Trade type CCC -🧐 I usually use trade types to determine...

Sherman_Trades Updated 

Trade type BBB Reasons for taking this trade: Price is at a resistance zone Price has hit a 4hr supply zone. This is the first time the zone has been hit. M15 Candlesticks are closing bearish. There is a liquidity zone below. Trade type glossary: Trade type AAA - Very good Trade type BBB - Good Trade type CCC -🧐 I usually use trade types to determine the...

Sherman_Trades

Trade Type AAA Reasons for taking this trade 4HR Candlestick is closing bullish. Zone 1 and 2 have been filled. This price is at daily OB hence taking buys makes sense. There is a clear range to be covered. There is a liquidity pool to be filled Trade type glossary: Trade type AAA - Very good Trade type BBB - Good Trade type CCC -🧐 I usually use...

Sherman_Trades Updated 

Trade type AAA Reasons for taking this trade: We are longterm bullish hence it would make sense to take buys here. The liquidity pool at 1.43300 has already been filled. 1HR candlestick has closed bullish and its engulfing (the better) We have had the 3 touch move already in which our bias is supported by the liquidity pool as explained above. We are 2 hours past...

Sherman_Trades

Trade type AAA our previous idea: hit the first TP💦 hence confirmation enabling us to get a second entry for the second trade. Reasons for taking this trade: Our first tp was a very sensitive price level hence after hitting that price we have receeived confirmation for continuation by: 1hr candlestick is a bullish engulfing candlestick hence that is good. We...

Sherman_Trades

trade type AAA Reasons for taking this trade: - We are at the last week of the month and if yiou have been trading longe enough you shall realise that the last week is always volatile. - Wicks at 23180 confirm to us that at that price, there were good buys and rejections. Also the candles are bullish. price retraced 75% of the wicks mentioned and closed with a...

Sherman_Trades

Trade type BB Reasons for taking this trade: - 30 mins candlestick might close with an engulfing bearish candlestick. - Price has hit a fresh zone. - Price has mitigated 1.35600 liquidity pool after that it created the fresh supply zone and now the fresh zone has been mitigated hence even further confirming our sell setup.

Sherman_Trades

First trade Trade type AAA Reasons for taking this trade: - The 50 level of the swing low and swing high did not work. That is good, this because price is not expected to obey 50fib level but its supposed to go lower since large orders take time to be filled. - Price is in an uptrend therefore taking longs makes so much sense. - Price is at 3rd stage liquidity. -...

Sherman_Trades

First trade: Trade type CCC Reasons for taking for this trade (and why my SL is too a bit) - If we look on the weekly, the price 1.06444 is the open of a very big bullish candle and the close of the adjacent (to the left) of a very large hammer candlestick which is bearish with a long wick. That price level is very critical for reversals. - In H1 there is a wick...

Sherman_Trades

This will be our first trade: Reason for taking this trade: Bullish candles on H4 and Daily Nice orderblock on Daily Liquidity pool at 0.38 and 0.40 has already been filled and the resistance at 0.60 will probably not hold. $BTC still looks bullish.

Sherman_Trades

Our last idea did work but did not reach our tp: I overpredicted it Reason for taking a long entry here: Engulfing Bullish candle confirmation in H4 3 touch move on the downside Liquidity pool at above 100 Psychological price level of 100 has not been hit yet. Supply zone at 100.797 has not been filled yet (this will be our TP)

Sherman_Trades

AI is trending. Hence speculators are on it! 126% potential

Sherman_Trades Updated 

Based on the previous idea: This trade actually delivered more than I expected. Hence we might make a minor retracement up

Sherman_Trades

As a trader its about mindset and making sure your decisions are made quickly and one should be patient. Hence I have made a decision to short this pair. Using my previous analysis: we had to fill the two liquidity pool above: therefore I am confident enough to take a short and close my previous trade: We are learning to be confident and strict with our...