The_Modern_Day_Trader

14:57

The_Modern_Day_Trader

Bias Analysis: Daily minor swing at equilibrium and 4H trading out of Order Block. 1H range was bearish with price at a 1H Order Block well within Optimal Trade Entry. Entry Criteria: 15M protracted counter to my bias, swept upside liquidity and traded deep within the 1H Order Block before an engulfing candle printed. Grade: High Quality Valid What I did well...

06:18

The_Modern_Day_Trader

Bias Analysis: Daily minor swing at equilibrium and 4H trading out of Order Block. 1H range was bearish but price had not yet reached EPD Entry Criteria: 15M protracted counter to my bias, swept upside liquidity and formed 2 bearish candles before entering. Grade: Low-Quality Valid What I could've done better: - Waiting for the 1H to pullback into EPD as an extra...

13:40

The_Modern_Day_Trader

With the Fed poised to cut rates at September's meeting, the dollar hovers at the key 100 key monthly level which, on a normal occasion, would serve as a clear support but after such a long awaited rate cut, which would devalue the dollar even further, one cannot be so sure. Technically, there are no real indicators of price shifting structure to the upside as...

06:24

The_Modern_Day_Trader

In this video, I breakdown my current position I'm holding on UsdZar to give you an idea of my thought process from HTF down to the 15M execution.

05:58

The_Modern_Day_Trader

With the dollar positioned to break higher, EurUsd & UsdZar are poised to trade lower and higher respectively ahead of the weekly close. EU reversed from premium daily prices and has now established a trend lower while UZ reached premium and continues to trade higher. How price develops over Asian session will be telling so dive into today's analysis to gain an...

10:47

The_Modern_Day_Trader

EURUSD: With price in a daily premium, the 4H has begun trending lower, characterized by the clear push lower, consolidation and breakout to the downside. I'll be anticipating a pullback to premium within the current 4H minor range and a continuation lower. USDZAR: Price formed a near miss of daily targets at equal lows before a rally higher into 4H premium. We're...

08:40

The_Modern_Day_Trader

1D: Price reached equilibrium and began trading lower forming a new 4H impulsive leg. 4H: Price is in premium but with an order block resting above current price action, I'm anticipating a mitigation which open up opportunities to buy into the OB. 1H: Run of lows pending from 2 potential areas before a retrace candle to take longs.

18:00

The_Modern_Day_Trader

Weekly Wrap Up - Hope You Enjoy! DXY - Daily ERL was not breached and Weekly FVG not mitigated either as we closed the weekly with an explosive shift of structure higher on the H4. Daily run of liquidity was liquidity being engineered for an ultimate push higher., EURUSD - Initial bias on EU's daily run of monthly high (TBL) with a confluent 1H MMXM was...

19:58

The_Modern_Day_Trader Updated 

Spotlight Pair: USDZAR - Short - Daily IRL (Fair Value Gap) currently holding with a failure to invert yesterday and a large wick to the upside today indicate bearish pressure. - 1H Market Maker Model with 2 clear corrections before the current pending market structure shift. - M15 inverted fair value gaps which are already indicated an imminent sell off. Be...

14:43

The_Modern_Day_Trader

Spotlight Pair: EURUSD - LONG - Daily IRL -> ERL - 4H FVG Has been mitigated - 1H MMXM failed to for a market structure shift which indicates continuation. As always, make sure my analysis aligns with your own plan and rules before jumping into positions. Trade Safe! Sam The Modern Day Trader

13:23

The_Modern_Day_Trader

Spotlight Pair: EURUSD Short - Daily Run of TIme based liquidity (May monthly high) - 4H/1H Market Maker Model pending the reversal structure which we could see early in the next London session - I'll be waiting for a M15 Market structure shift to short this pair, Trade Safe! - The Modern Day Trader

11:58

The_Modern_Day_Trader

What's up Traders! In this video I've provided a full breakdown of my watchlist but the instrument I'm focusing most on today is US30. US30 is currently at a Daily High and Yesterday's close completely engulfed the previous, indicating a strong rejection from the area. Structure from the 4-hour right down to the 1-Hour is shifting to the downside with clear...

20:00

The_Modern_Day_Trader

Hi Everyone! My name is Sam and welcome to my first daily breakdown. In these sessions I'll be analyzing the 4 pairs on my watchlist GBPJPY, US30, USDZAR & EURUSD. Today I give a brief introduction to myself and my trading style which is an adaptation of ICT and then proceed to breakdown each pair. See bias below. DXY - Bullish. GBPJPY - Bullish, On watch for long...