liquiditytrading

liquiditytrading

I don't believe that XAU is quite ready to continue it's upside momentum. Technically speaking, I believe there is still significant liquidity in the 1520 - 1530 zone. Depending on how price reacts in this zone I'm anticipated a grab of orders, and a push down to the 1455 - 1440 level, where I'll be looking for buy opportunities.

liquiditytrading

Looks like we're about to complete a flat structure as the B wave of a greater degree structure. Catching the C wave can be very profitable so I'll be looking for a long entry in and around the blue zone that I have marked out. No entries yet though and can continue down a little bit more so wait for an impulse and correction before entering

liquiditytrading Updated 

No buy signals as of yet; however, this is the macro structure that I'm looking at. Starting to get some divergence so it could start turning anywhere. Keep an eye out for this - safe entry would be waiting for a trend break + correction.

liquiditytrading Updated 

Alright, so last night there was potential for BTC to go down, so I took the trade with good risk & lost. That's trading though, no biggie. Now I'm seeing a nice looking potential finish of this 4 wave structure before we go down for a completed 5th, and a nice bull run. I gave 2 options for my entries. Potentially will just ladder them the more it goes up...

liquiditytrading Updated 

Hey Guys! There's a potential corrective completion pattern on BTCUSD ! Looking like there is a great opportunity to get in on a short with a nice tight stop.

liquiditytrading Updated 

LTC looking like it`s about to blow out into a 3rd wave after the correction! So far, this potential wave 2 retraced 61.8% of wave 1; however, I still think we have one more leg down before moving to the first target at $284. I think there is a very good probability that LTC will hit this $285 mark. We need a little bit more data to see if it will reach the $400...

liquiditytrading

I wanted to post this to inform as many people as I can of a potential major correction coming to the US market in the upcoming months (I would have to guess around September or October). Please prepare for it as it has potential to be a large correction. Some options to protect yourself include: - Investing in foreign mutual funds - Investing in Gold (precious...

liquiditytrading

It looks as though there is a correction coming on the AUDJPY. Here is why I believe it to be a potential short 1. It's currently on the fifth wave, in a triangle. Looking for it to climb a bit more (to 86.478) touching the top of the triangle. IF not, I think it'll start breaking at the historical resistance at 86.697 2. RSI is hovering overbought 3. If you...

liquiditytrading Updated 

Hey All! There is a Gartley pattern forming (1h-1d) on the EURUSD pair. B point doesn't quite touch the fib 0.618 BUT there is some great confluence with the fib 0.236 & fib 0.786 on the AB & BC legs. The major trend also is an uptrend so reaching the D point SHOULD happen fairly quickly, then looking for some bearish trade signals around the 1.2472 (historical...

liquiditytrading

Hey All, I would love to hear what you think about this trade that I am thinking of going through with! This double top lands around the fib 0.236, which is also a relatively strong historical resistance. Looking for a retracement down to the first price point (which is the May 10th support), or if it breaks through quickly I'm looking at the second price point,...