themarketknight

themarketknight

GBP/USD has shown much better performance, holding its lows and pullbacks nicely. I typically swing trade it, and it’s been smooth sailing this past year. I’ve had three massive trades this year—not huge percentage gains, but the pair just keeps climbing. w it well.

themarketknight

With EUR/USD, price has traded into the discount range, and we've already reached one of my higher targets. If I were to consider a swing trade higher, I’d need to see a 1H market shift and a retest strategy play out. However, with today’s news events, I’m not sure about committing to that. we’re currently in premium prices, I’m focusing on scalp trades only...

themarketknight

Yesterday, we saw a reaction from the Daily +OB, but the market continues to dig back into it. I got stopped out for the second time, but I’m glad we secured a 2% profit with the rest at break-even. I won’t be entering any longs unless we see yesterday’s high decisively broken with volume, followed by a 1H or 4H market shift toward the liquidity at the 62,755...

themarketknight

We jumped into the trade at 58,561.07 and are now cruising, having just taken our first profit. We try to be optimistic and leave trade running but here is one problem, why market maker left these lows under last bullish move, this could be just generated in purpose to take us out after news tomorrow. so im safe 1% in my pocket , and if trade goes it goes , if...

themarketknight

So, we've seen our drop into 58402.01 liquidity—what’s next? I've been closely monitoring fundamentals all morning, and with NY session dollar news today and tomorrow, the market could move either way. The challenge now is that I don't want to sell no more scalps , and without a strong 4H bullish candle, I'm not even considering a long trade. I guess i just stair...

themarketknight

We saw a great reaction on Monday from the discount range, but encountered difficulties in achieving a rapid new higher high. We believe this could be part of a market maker’s scheme to generate liquidity. The first level that comes to mind is the 58,402.01 lows. Ideally, if the market attacks this level and then moves higher, we could see a bullish market shift....

themarketknight

This morning, London has made a strong push out of the previous range, and our trades, which have been active since yesterday, are performing well. We’re taking partial profits ahead of the NY session. The logic behind this move is that we’ve taken out the previous range high, and with over 10x gains from two combined scalps, it’s must for our stradegy to secure...

themarketknight

Today’s fundamentals have provided strong momentum, triggering our entries twice. We’ve taken 1 to 1 risk of and planning to take second tp in the channel midpoint, Stay tuned for another update tomorrow .

themarketknight

We are still in a bullish range, and London is currently driving us down into discount territory. Our preferred scenario is to see a bullish reversal. We’re waiting for the price to dip below 1.09090, knock out stops, and from there, we’ll look for bullish scalp trades. With news events incoming, we’re cutting our risk in half. Remember, it’s crucial to wait for...

themarketknight

Welcome to a new week, FX friends! EUR/USD has managed to dip into the discount of its range, and if it continues to trade higher into the 1.09452 level, As of now, we’re not in a trade and are keeping it cool with EUR/USD swing trades. If EUR/USD fails to break through 1.09452 and we see a 4-hour displacement candle with levels starting to break down, we’ll...

themarketknight

Hi , welcome to a new week of hustling! On BTC, we’ve seen a pullback into the Daily Order Block. We’re starting to ladder into this trade with scalps, just in case the price turns bullish. We’re fully aware that we’re buying into a declining price, but our strategy and risk management are in place to protect us. Let's see if we get a rotation. If we lose this...

themarketknight

Regarding my BTC/USD and EUR/USD trades, we’re keeping a close eye on the Dollar Index (DXY). The recent price action has been confusing, but we are currently rejecting last Friday’s heavy selling area. This keeps us within a bearish range, and we’re anticipating a potential market shift to the downside. If this bearish scenario unfolds, we plan to let our...

themarketknight

BTC/USD has traded into a range discount and bounced back to premium levels. We’re closely monitoring the 59,487.42 level, which marks a 4H bullish market shift. Our eagle eyes are on this level—if it rejects and we see bullish price action, we’ll start looking into long compound trades. While it's uncertain if the market is fully bullish yet, we're cruising...

themarketknight

Our overnight scalp ran bullish but eventually got stopped out at the 4H Order Block. We’re now cruising within the dealing range near premium prices, so I won’t be opening any new buy positions this Friday. We managed to secure a 2% gain with yesterday's scalp, though we lost 1% to a stop loss. While it's a positive week, the returns aren't as high as I’d like...

themarketknight

Today, we finally saw some volume return to the charts, allowing us to hit our first bullback target. We entered with a bullish scalp and are currently cruising along. While I'm not entirely sure if the market has fully rotated to a bullish stance yet, it’s Thursday, so we’re definitely taking some profits after three days of monitoring. We’ll leave a runner in...

themarketknight

This morning's sessions have steadily pushed BTC into the 4-hour Bearish Order Block, with a key level at 59,570.62. If we lose this level, we could shift to a bullish bias or enter a C-leg pullback mode, targeting a high of exactly 70,000.00. In summary, if the NY session breaks through the 4H OB, we'll look to scalp long, focusing on 5-minute structure...

themarketknight

On EUR/USD, major fundamental news is behind us for this week. Currently, the market stands at premium prices, which means no long trades for us at the moment. The crucial level in our current range is the 1.08736 area, known for single prints, indicating a heavy buying area with only offered buys. From an algorithmic standpoint, this level is typically filled 80%...

themarketknight

On the daily candle, BTC is clearly rejecting the midrange. If today closes with a bearish pinbar candle formation, a possible flush might be incoming. I still stand by my strategy to avoid pushing trades in the middle of the range. Our goal is to catch a trade as a scalp into a swing trade, targeting the highs or lows of this range. However, the odds are...