FX:USDJPY Sticking to the strategy of playing divergences and imbalances we have a perfect one here. Weak hidden divergence is spotted and we have a massive demand zone to tap into. RR at around 6 due to larger SL tolerance. Fund: 9900 Bid: $100 Leverage: 100x Entry: 142.736 SL: 142.378 TP1: 143.465 TP2: 143.855 TP3: 145.066
FX:EURUSD Some bearish divergence now but lets work off imbalances and take the risk. Working off a massive OB on the 4 HR. We have a major demand zone that has to be filled. I'm placing entries right below it incase of a liquidity grab. Fund: 10k Bid: $100 Leverage: 100x Entry: 1.09616 SL: 1.09545 TP1: 1.09760 TP2: 1.09809 TP3: 1.10+ RR: 7.3
BINANCE:BTCUSDT Will be using the hastag #BradCFTChallenge to help document trades. We have a nice set up for a short onto the downside here. 4 HR trend showed hidden bullish divergence however, I'm fairly certain that this upside of volume will only be enough to push up into our zones of imbalance. For confirmation, on the 15m we have bearish divergence and...
Hello all! For the recent months, my ideas published here have been used to provide a trading identity to me and to help me fix and understand markets slightly better. Rome wasn't built in one day and I completely agree, we all constantly learn on and off the job. I will be looking to get funded by a Crypto prop firm, Crypto Fund Trader on their 10,000k fund...
FX:EURUSD We printed a solid 7 RR on the last EURUSD call, lets milk it. We are in a downtrend with plenty of imbalances to fill. Lets do it. I'm setting 2 limits here. Scenario 1: We hit local high and head back to see lower lows, local high is the middle of major imbalance and will likely sit nicely as a liquidity grab. We want to avoid getting stopped out...
FX:EURUSD Hello all! It's been a short minute through the weekend and thus far we've let the trades run themselves. Today we have a good shot for a short. Recent movements have been impulsive and have left massive imbalances at certain areas. On the Weekly and Daily TF, there is a weakening sign for bullish continuation but upon analysis of the 4 HR, we can...
BINANCE:BTCUSDT Apologies for the fraudulent sounding title. We have a lovely shot at a BTC long. Despite the consolidation and the bearish looking conditions, on all higher TF, there is a strong sign of bullish pattern and uptrend price movement while not completely bullish, selling volume has died down significantly and we are likely accumulating for a up...
PYTH:MSFT Mid TF trade here. MSFT had a nice lil growth yesterday. So this is a hopeful scalp. Setting up longs at imbalances which coincidentally fall just perfectly on the 0.618 Fib retracement. Running standard SMC, on the 4 HR & 1 D there is a break of structure to higher highs and higher lows. We aren't trading against the trend, checking the divergences...
FX:AUDUSD We've got a fair amount of Longs in place right now. One of them that is being planned and has been moving well is $FX:AUDUSD. Following SMC, here is the rationale: 1) General Trend: On Weekly and Daily TF, I see a weak bullish trend taking place and continuation of trend for now. Volume has also picked up significantly over the last 3 weeks meaning...
BITSTAMP:GBPUSD Hello all! Looking to make a long on GBPUSD. Looking purely from the standpoint of momentum and price action. The Daily shows us higher highs and higher lows still, although a caveat to this is a slight decrease in volume as traders are increasingly cautious on the UK CPI data next Wednesday 19th July. In light of this, we shall plan for a...
NYSE:PLTR Looking at a lovely long opportunity for Palantir. Imbalances have to be filled up at the 13.8 region but before we head there through downtrend, I'm largely expecting that it fills up the minor imbalances at 16.41 region. It works out perfectly that if we spread the Fib from bottom to top of region, it falls at the .32 region which may not always be...
PYTH:USDJPY We have a 10:1 RR shot here with a mild set up. Overall divergence is showing a trend reversal within the structure and we are likely to have a change of hands as of late. Couple of technicals we are looking out for here: EMAs, 50 EMA has just crossed under 200 EMA, marking a strong signal for a trend reversal after the recent downtrend. At the...
Coming to the start of a Phase B distribution. I'm hoping I'm currently looking at an AR entry because, this to me looks textbook like the perfect setup. However, technicals aren't looking as nice. Liquidity in the area has already been tapped and thus invalidating the zone. Momentum has been at a high on weekly but is currently looking downwards. I'm currently...
NASDAQ:RIVN I would treat all EV stocks at the moment with a degree of caution as theres been plenty of recent microeconomic movements between companies. From a technical aspect, we had just experience a leg down into Phase A and currently accumulation for institutional buyers are taking place. Think of you at a Supermarket buying food at bulk price. Over the...
Looking to long NASDAQ:GOOG Will need to watch this but we have a strong show of a major weakness now at 117.56. It will likely be tested very shortly as indicators are showing red, red and red! As we move upwards, GOOG will likely retest 113 region to check for support, in this bid, my long will likely be placed at 113.53. Not to mention, by pulling over a...
Happy 4th to all you Americans! Hoping this short will work out, technicals are looking good. I have a NASDAQ:GOOG short coming in, here are the entries and exits for my positions followed by my rationale. Entry: 128.61 TP1: 124 TP2: 120.05 TP3: 116.5 TP4: 113.37 Rationale: 1) Volume slowing: On the Weekly TF, the volume has significantly slowed down...
We have an excellent opportunity for a short here but, as always, risks is there so we are keeping tit very tight. We are running 2.5% of port on this. Before the we rationalise the trade, here are the details: Entry: 1.10044 Units: 2,500 SL: 1.10169 TP: 1.08608 We are currently following a distribution pattern after clearing 1.08. Currently we are in the...
From a purely technical standpoint, FX:USDCAD looks like a great long opportunity. Recovering from lows, there;s been a sharp increase in the volume as of the recent days. This may signal institutional buys and sells. I'm setting my limits at about 1.317 just around the .618 fib. There are no massive OBs now at that level but I'm fairly confident in this as a...