TheMeditrader

03:44

TheMeditrader

Price action will tell you everything you need to know about the current market conditions. Your thesis is only fulfilled if price action favours your bias, however, if price is telling you something else, you're best to listen.

TheMeditrader

Price has recently been rejected three times at a HTF order block, with the last rejection being a liquidity sweep which ultimately end up breaking through a bullish order block to form a CHoCh; this creates a breaker block. I'm looking to enter short on the retest of the zone and targeting daily downside POI, specifically a bullish OB. Wait for confirmation and...

01:27

TheMeditrader

In this first video of a series I intend to create, I discuss where I went wrong on losing trade today. I'm not sure if this trade will hit TP or not, but regardless, the lesson is still applicable for future trades. It's clear that a stop below the more significant swing low would have kept me in this trade but trying to squeeze out another R from the market was...

TheMeditrader

Hope some of you were able to take advantage of this trade too! I'm now fully out of my position and will await another set-up. The prophet of profits, The Meditrader

TheMeditrader

Although they have very strong correlation, I am now seeing a divergence between both pairs and opposing price action. A strong case for a head and shoulders is setting up as GBPUSD enters an area of supply on the daily and 4 hour chart. Once I see confirmation, I'm going short and targeting sell side liquidity and demand zones. Happy trading, The Meditrader

TheMeditrader

EURUSD is clearly in a bull channel and setting up for a breakout at next week's open. Some points of interest on higher frames are a large liquidity void on the weekly chart and a daily mean threshold, both of which are at the top of the channel. My ideal entry will be getting in at the retest of CHoCH. As always, don't guess...assess. The Meditrader

TheMeditrader Updated 

After an aggressive sell-off, finished by what looks to be an exhaustion bar, my ideal trade will be enter long on the 4 hour order block and ride price action up to the daily order block, where I expect lots lots of selling pressure to come through. I think it's very possible that price will surge to the 50% retracement of that OB where it will be the consequent...

TheMeditrader

The head and shoulders was in fact being formed and so now I'll be targeting levels indicated within this chart. Happy Trading, The Meditrader

TheMeditrader

Bitcoin has been making a bull run as of late, recently breaking out of consolidation and is now trading within a bull channel. Although price can certainly continue to climb the channel and we'll have to wait for conformation of a change of market structure, price action looks like it's offering a potential head and shoulders with the right shoulder coming into...

TheMeditrader

EIGHTCAP:EURUSD I’m anticipating a pullback into a discounted market before price is taken up towards the daily chart mean threshold, which is also around ATR and a bearish order block. Two positions will be taken. Take profit 1 at support and the other at the confluence junction. Happy Trading! The Meditrader

TheMeditrader

If you have any questions about this trade, please feel free to contact me.

TheMeditrader

I’m looking to enter 3 short position on Bitcoin if we can get a test of the mean threshold above. Bitcoin can be volatile in that it might take out the bayside liquidity if it gets up there but I’m hoping see a clean rejection at the MT and ultimately a move down to the lower Mean threshold. Take profit 1 is at the first order block. Take profit 2 is at a POI...

TheMeditrader Updated 

EIGHTCAP:US30 With today's highly volatile FOMC meeting around the corner, I'm expecting price to reach the 33000 level and take out all liquidity in this area before making an extremely sharp and aggressive downturn to new swing lows. Stay safe out there, The Meditrader

TheMeditrader

EIGHTCAP:US30 A couple of hours before NFP and UR, we're looking to see continued bullish price action that can build greater support. If we see price considerably closer to the 50% pullback area (32500), then I'll be looking for a sharp spike to take out that liquidity on the 8:30am news, and then continued downside to reach today's ATR low in the 31700 area.

TheMeditrader

EIGHTCAP:EURCHF We have a nice reversal setting-up on EURCHF so I'm watching for price to possibly pierce a previous swing low, which is at ATR and the bottom of the wedge, and ideally close as an SFP. My target will be today's ATR hight to close the position before the weekend. Enjoy, The Meditrader

TheMeditrader

EIGHTCAP:GBPUSD GBPUSD is currently trading within a range, which is ideal conditions for swing failure patterns. I'm looking for continued downside price action into the 1.19226 swing low to test that level and probe liquidity. This also lines up with the ATR which should add a strong additional confluence, in addition to the 3rd push wedge which will have...

TheMeditrader

EIGHTCAP:BTCUSD Price moved aggressively to our target and I manually exited my positions with a solid 12R gain. I've now entered the backside short position with a 1 R risk, knowing that I will walk away in the worst case with an 11R trade here. In profit, The Meditrader

TheMeditrader

EIGHTCAP:BTCUSD I'm currently in this trade to the long side for the majority of the overall move (12 R) , but there's still a chance to capture the potential 4 R trade to the downside. I'm expecting the bulls to push the price up to the pre-break level and take out that imbalance before making a move back to the downside and test previous support, both of...