Let's talk BTC in the bigger picture. Last week price pushed below a REQL (Relative Equal Low) which is used for liquidity purposes to manipulate under so that price can be pushed up. We are currently still bullish in the interim, but there are signs that a new all time high will likely be the last bullish push. This is similar to the circumstances that...
We are copying yesterday's TA into today, with some additional detail. Yesterday pretty much went like I thought it should. We have not gotten into the internal structure yet to create a bullish run for the next week, but today/tonight should give you an opportunity to short into the area to go long from. Overall we are bullish, but we are internally bearish...
A strong daily trade here to the upside. I'm expecting a lot of people to get trapped seeing the obvious liquidity structure to the right of the strong high, however, we also have structure on the left side of the strong high that created an internal low between our CHoCH high, and strong low. I expect that they will trap people at the liquidity draw, an obvious...
You can see this play out much better on the 1 min chart: The long and short story is that we have liquidity sitting on top of us and the bottom of current London session. What they'll likely do is cover the entire daily session with liquidity from where yesterday's high's going to lows left off. Take price down to to "too much of an obvious liquidity point"...
Today's chart is nice and simple, nothing crazy. BTC for today has built its premium and discount zones based on time and price. NYO built the premium zone, and the True Daily open built the discount zone. We are looking for price to push into the FVG located around 94,900. The reason it is that FVG because if you look closely, it will align perfectly with the...
Another easy peasy daytrade. -London session broke above Asian session. -NYAM session also broke above London session: STRENGTH (likely continuation above) In my one minute chart I will show you how I apply my custom volatility indicator here shortly. Take profit at around 96468 which is the highest TMSO before we break Friday's high. (weekends are not...
This one is very simple and easy. Asian session set the bar (High or Low to break). London session decided. NY session flops previous resistance zone before the London decision into support, and takes out the London low in this case.
Since ideas are kept to 15 minute timeframes, here is the actual chart I want you all to take a look at on the 5 min chart: The indicators in use will show you the perfect timing to long or short. Easy to use and drawdowns are kept to a minimum. It shows you where market makers are trapping retail traders and reversing. In this example on the 5 min chart...
We finally have some worthwhile movement to consider a position from. We are currently in Q3, the 1st QT was an "X" phase, with Q2 being Accumulation. This is the 3rd quarter, and by definition after a Q2 accumulation, Q3 is always a manipulation. The problem with manipulation of course is, what is it manipulating, and where is it manipulating towards? Price is...
Note: TV doesn't let me publish the idea below 15 min view... This is the real chart I want you to see: My recently encoded indicators are signaling the relationship between smart money inducing liquidity into the market, and where retail traders are positioning themselves. The first heatmap signals the fact that the market is being injected liquidity. The...
Our earlier short idea did not pan out. Buyers seem to be overcoming the sellers. We are eyeing buyers pushing price above 69167 to pull liquidity. This move should be sharp and calculated, followed by selling into the Daily Open and/or NYO. The two POI's below DO and NYO are situated between 67893 and 67639. This idea is invalid unless the liquidity at 69167 is...
Hey fellow traders. We are using the quarterly theory to analyze potential trades for today. We are currently in an XAMD type of setup. X was Asian session, Accumulation in London session, and we are currently in the Manipulation stage of the New York AM session, followed by a Distribution in New York PM session. We are waiting for price to make a convincing...
My previous long idea did not come to fruition because the price action that broke the highs did not have a convincing strong break above a key level. However, this push below has. We will be going in with a short at 68701, stop loss at 69039, take profit at 67808. Targeting the lows we just made OR 67805 which is the daily open.
Using the quarterly theory on this trade. This is idea is ONLY valid if we break above 69026 first. Retracement to below PM open at POI of 68455 (15 min OB). Remember we only enter long positions underneath an open POI. Stop loss is pretty tights, should take out the liquidity at ATH 69433.
Here is the short explanation about the Quarterly Theory. It divides up a full session into 4 different parts. This can be for daily, weekly, monthly, year, 4 yearly and even longer sessions. The crux of the important part is knowing where to enter. The opening price between quarters 1 and 2 have major significance. If a long position is to be entered, it is...
1 Min chart for clarity: Ask me how did I know that today was going to be a directional trending day on the markets? HINT: My newly developed "XRAY" indicators told me what to expect as soon as the markets opened! Yes, this works primarily for 1 minute charts and is SPECIFICALLY DESIGNED for day trading. No lag, easily see liquidity when it pops up. Works on...
I'll just jump straight into it. Liquidity... It's always been a "buzzword" in trading, but rarely seldom understood. Liquidity is where the orders are. It is an area of interest that draws money and traders in. But what about liquidity? Simply put, when the "liquidity stars" align, it can often become a point where reversals can be had. I call my method...
With AMT (Auction Market Theory) we combine auction nodes that are made up of areas of high volume, sandwiched between areas of low volume. In our current environment, there are some bullish signs. However, it is important to note that there are also signs if this entire structure being distributive. As shown on the chart, there Wyckoff structures that seem to be...