I think we have completed the uptrend of our MMSP on the GBPUSD. We are inside a 1H bearish order block and a 4H swing point resistance level. GBPUSD made a new high to clean out the stops, while EURUSD is inside a OTE zone. DXY also cleaned out the stops resting below 87.60. Gold also broke Market structure on the 1H and wen straight into the 15MIN order...
In my opinion there is a market maker sell program in the works. We had a nice consolidation yesterday into the weekly bullish order block. The bullish daily swing point SR lines inside this bullish order block were respected very nicely in the NY session and asian session. I think we completed the blue box (put on alert box). Today I think we will see some...
The GBPUSD trade of yesterday was stopped out, but I'm going to short again in line with daily order flow. Again, we touched a resistance level last week around the 1.5730 level. We retraced into the OTE zone yesterday and cleared some stops resting there since last Friday. We have formed a nice 1H order block at another resistance level around 1.5690...
Shorting the EU after it hit the 1H order block and 15Min order block
Shortng the GBPUSD because we hit a resistance level, followed by a rapid sell off. Now we retraced back into the 1H order block. There is liquidity resting around the 1.5620 level, a nice take profit zone/
It seems like we are creating a Market Maker Sell Program on GOLD. Price hit a nice resistance line on Tuesday, right into a 4H bearish order block. The support lines are draw from the daily swing low (3 candle swing pattern, draw all obvious open, close, body lines) We had a OTE entry during FOMC and are now in the selling part of the setup. Normally the 1182...
I'm going to short the EURUSD. Price hit a weekly swing SR line on Sunday and the line was rejected. We retraced into a bearish 4H order block yesterday evening, outside a zone I trade. I'm entering using the nested OTE during LO today, take profit at the previous swing low
We are in the OTE zone when we draw a fib from the 1H renko resistance line around 1.2493 level. At the same time, the DXY hit the 1H bullish order block. Stop is placed above the 50% of the previous bearish order block, take profit is at the lowest 1H bullish order block. Setup is for a r/r ratio of 5.
DXY hit the 1H bullish order block and GBPUSD hit the 1H bearish order block at the same time. It was outside the LO or NYO so I wait for a nested OTE to enter short. The 1H renko line at 1.5975 (.80 institutional level) acted as a support line where we can draw a hidden OTE from. OTE zone aligns with the 1H bearish order block. Power of 3 tells us we will...
Price entered the OTE zone into a 15MIN order block. The fib was drawn using a renko resistance line (i.e. a hidden OTE) residing around the .20 level. The entry is @ 1.2400 a big institutional level. With a stop of 10 pips and a take profit of 30 pips, this is a small scalp which executes before FOMC I hope :)
Shorting the EURUSD, it hit a resistance line yesterday and retraced into 15 MIN order block.
Building on the idea of yesterday it's time to short the EURUSD. DXY price closed the weekend gap and bounced off nicely of the support line. Price hit the renko resistance line, broke and confirmed market structure (the B2 part) and went straight into an order block (the OB part) . Take profit at the previous swing low around 1.2440
I probably short the EURUSD around the 1.2545-1.2550 range, provided I see some kind of reversal pattern. The institutional .50 level aligns with one the the SR lines of the 4H swing point. It is also the low of the 3th candle of the daily swing point. Price is in the STD2 sell zone of the CBDR and it aligns with the OTE zone, around the sweet spot. We will...
After being stopped out, with half the risk I'm going to short the GBPUSD. This is an example of being wrong at first sight and try to recover the loss and make some profits again. Again, we are in a OTE zone and an order block, while the USDX is at a support level
I'm shorting the GBPUSD because the USDX hot a nice support level. At the same time the GBPUSD hit the 15MIN order block residing inside the OTE zone. Stops are placed just above the 15MIN order block, take profit is around the bullish 15MIN order block
I'm going to short the GBPUSD to close the range. USDX is heading for 86,75'ish levels, so we might go as low as 1.5880 on the GBPUSD. 1.5976 would be nice to get in, stop around 1.6010
Next is the 15 minute bullish order block. 15 pips risk, 15 pips take profit. The setup should be ok, we want to target the clean stops around the 1.6180 level.
I'm trying something new, get 15 pips per day using 15Min order blocks. Price hit a 15min bearish order block, go short for 15 pips standard take profit. Order block is at the institutional .50 level