ES initial thoughts on PA and weekly profiles alone. Bulls maintained the previous excess high, and we spent most of the week building value in the prior weeks upper distribution. There will have been a lot of stops above this excess high. does it mean sell? not necessarily. we're building value at higher prices on a week by week basis the market established value...
We should test last weeks Volume value area. Watch for rejection from Fridays lower distribution. initial thoughts on PA and weekly alone. Bulls maintained the previous excess high, and we spent most of the week building value in the prior weeks upper distribution. There will have been alot of stops above this excess high Does it mean sell? not necessarily....
Hi, Just started my initial analysis on DXY. Price action suggests a downside bias, but this doesn't exclude a breach of last weeks high for liquidity. Watch this weeks VPOC closely. My target is the singleprint inefficiency below the excess low.
Refer to my previous forecast where I called for buys near September Low to above the daily highs from last week. NFP, if you're still long, you can use the release to take profit and get out of your position. Daily downtrend will resume after. You can look for safe selling entries around the Supply zone shown (high volume on market profile). Wait for the Lower...
Nasdaq is still in a range/correction cycle. The failure to break September low this morning confirmed this to me. I entered buys as soon as we made a high low on M1. The triple top highs can be targeted- I believe we will fill the hidden gap and possibly the high volume supply next. Good luck! We also forecast the GBP/USD buy this morning in the group when we...
Good afternoon everyone. I entered sells after we swept the Asia high on NQ this morning, aiming at Fridays low. After a sweep of the Friday low, there's a PDPOC as indicated on the chart- a high volume node which i believe will contact and provide a good buy trade, up to the high volume supply above todays High/triple top. Good luck, don't buy too soon- wait...
Chart speaks for itself, I expect last weeks high to be tested before dropping back to H4 Demand. After NFP we can sweep the lows and resume bullish.
Apologies, i was under the misapprehension that ISM Manufacturing was on Tuesday, not today. My prior idea is invalid. I expect now a test of 1.21 area, last weeks low, before a 100-150 pip buy. Sorry, but better late than never. Wait til the news- we should probably spike DOWN, then buys will be after, as close to 1.21 as possible We may make equal lows with...
I posted my idea for a tight 50 pips range last night. Knowing this would take place, i adjusted my targets and took profit at 30 pips, trading up and down. Two good RR profitable trades already and I will trade buys below frankfurt low for 50 pips next. Think about your bias before you trade, and intraday trading becomes much more relaxing.
For Euro- i'm expecting a range in the first half of the week Later in the week a possible draw above daily highs There's significant liquidity on the BID around 1.0440-60- I expect this to fill by Friday close
Good morning! I stand by my range call previously made- however, the range is now 1.21-1.2270. I expect an inside week, until NFP where direction will be chosen. Monday I expect a tight range, with a news heavy week- scalps around 30 pip take profit level only. Tuesday I expect Last weeks high area to be tested- there's also a high volume node around 1.2240...
Good morning! I believe the majors will switch to a period of accumulation after a long extended rally on DXY. Trade sells closer to 1.22 and buys closer to 1.21. Good luck!
An analysis of the orderbook shows a large number of orders resting in the range 1.2684-1.2700 1.29 or thereabouts will make the perfect dropzone. This could start late Friday, more likely Monday-Tuesday Timberrr!
Looking for Weekly POC to contact on US news release 1.2392 area for a rise above yesterdays high Large seller appeared at 1.2735, which is the target for swing shorts as mentioned yesterday The sell can easily be 200+ pips. Good luck happy Trading!
G/U is set to drop after a move briefly above major resistance at 1.27 Look for an early bull push to draw in liquidity before hard drop in London DXY is on a major h4 Demand zone and the drop at FOMC is a sign of things to come-- also has a gap to fill up at 104 this week Happy trading
Dollar index is in a period of consolidation/re-accumulation for a potentially bullish breakout in following weeks Today we have a gap above the asia high, after a test of support around 103.8 Buys can be placed for NY session today (8th) Targeting Thursdays NY High We should at least close the gap today, and possibly achieve target by Friday There is a...
Bitcoin is an intrday sell Distribution around H4 supply after wiping september high Should be DOWN! We'll see.
I'm looking to short this retrace to the liquidity pool below, eventually I think we'll take out last weeks high but short first I have a very small long running but i'll allow it to run the double bottom/asia low first if need be Good luck, happy trading