EURUSD 1H OUTLOOK AND TRADE UPDATEMy trades hit full TP. Now I'm bearish, started to scale shorts. I have multiple reasons to be bearish but I don't predict - I react. I accept whatever market gives me. Let's see how it goes.
2WT = 2 Way Trap
LQP = Liquidity Pool
Arrows = Inducements (Minor, Medium, Major different colors)
EU
EURUSD 3/3/24EU to start our week off!
you all know what we have had in mind for this for over a month now and it really has played out perfectly, we called for shorts onto our lows and a push higher and price delivered, now we have pushed back higher into the highs we shorted from, following this move we have now got an overall short term bearish into again a long term bullish bias. This leads us to believe we will see a pullback (if we are lucky) then a nice new high form. we have a high level of liquid above our highs which we will use to run then drop or drop and then run!
keep this in mind as we come into this week.
EURUSD Asia Whipsaw? | my short term viewTwo scenarios in my head. The more probable for me is that EU would go up now because we would be trading away from the last external inducement.
The second one would be if EU didn't have enough demand, supply could possibly exceed demand and break through.
Let's see how it goes. What do you think?
LQP = Liquidity Pool
Arrows = Inducement Points
2WT = 2 Way Trap
EURUSD - Trade Idea (ICT)Intraday trade idea on the EURUSD.
I see a reaction off a signature 2-day R2F Gap to give me a bullish bias to take price possibly to the highs.
For narrative, I see a signature 30m R2F Gap as a possible entry to take me up to the relative equal highs where my "low hanging fruit" objective lies. I have added confidence for the 2nd objective due to the trendline buyside liquidity on GBPUSD. However, this bias/narrative is still not ironclad as there have been a lot of N(D/W)OGs on the chart, at least for the FXCM data which I usually use.
Trade with caution.
- R2F
EURUSD MY LONG TRADE | 30m | Short TermAs I said in my last post. Lot's of imbalance, liquidity and stops was taken and there will be possibilities for long entries.
I took a small long which is already in BE and I took some profits early.
Let's see how it goes.
LQP = Liquidity Pool
Arrows = Inducement Points
2WT = 2 Way Trap
POI = Point Of Interest
GBPUSD 30m | UpdateGU and EU are mirroring. GU has some laying liquidity above. Have this in mind.
Asia SSL was taken. I took profits there.
EU looks like it's going down and GU also looks like it should go down but there are also signs that there might be a RAID for the orders above first. There are also news soon.
I'm taking it easy.
LQP = Liquidity Pool
Arrows = Inducement Points
2WT = 2 Way Trap
EURUSD 25/2/24EU is doing also the exact same thing as GU in which we have run higher into our supply as we called for our very first higher timeframe markup a few weeks back, following on from this idea we have also built liquid as we thought we would during our pullback stage for price, iam now looking for it to shift bearish within our 5min swing range as we are currently still sitting in a bullish range. iam looking into a long from market open ultimately leading us into a shift for major order flow into a sell move to sweep our liquid from the lows this in turn will then give us good reason to look for longs out of the lows and back into the highs!
track what price gives you and always trade safe!
Forex weekly outlookWeekly outlook TVC:DXY NASDAQ:EU $gu
The #DOLLAR chart does not look clear to me. Last week we had the 1W fvg as DOL and it just worked perfectly.
But the way we have reacted to the 1W fvg suggests we get at least a short term rise on $dxy.
Until we get a decisive close below the 1W +fvg or above the 1D -ifvg, nothing is clear.
I will be patient and start trading from Tuesday. All weekdays look promising since they have high impact TVC:DXY news. Will update again after Monday daily close.
EURUSD 18/02/24EU giving us almost the same markup as GU but of course they both have their own unique points to take note of, mainly they both sit within bullish swing ranges on the 5min timeframe which is good for our overall bias of running into the FVG and supply as discussed on the 4H markup given last week. My main overview here for EU is that we have a demand zone responsible for sweeping our high but not breaking any hourly structures, so for our higher timeframe view we have to expect a shift to either through our highs giving the low deeper validation or a run lower possibly to sweep the same low we have just mentioned. All of the ideas we have for the higher timeframe are shown within our chart, BUT as always these are just ideas until we find our order flow and bias in line with one another we will simply wait for our trades to show themselves.
Always trade order flow and be open to what and how the market wants to deliver.
2.5 RR TRADE / ICT / 12th Feb 2024 London Session ReviewAsian Session:
- Bullish Session.
- Price broke PDH, PML, and PWH.
- RELs at Asia’s low.
- Price is at a discount of the H4 dealing range.
- RELs at the equilibrium of the Asian range.
London Session:
- I was expecting a reversal due to the market taking of PDH and PWH during Asia.
- My first DOL was Asia's RELs at the equilibrium of the Asian range.
- My second DOL was Asia's Low and the RELs at Asia's low.
- Price performed a London Judas.
- Price made the high of the session at 1.25 STD of the Asian range.
- Price made the high of the session at 1.25 STD of the CBDR.
-
ICT Concepts
EURUSD 11/2/24EU also following us with our higher timeframe markups from last week, we are in a pullback scenario currently and i am expecting this to follow over into the first few session of this week ultimately leading us into a bearish run after we pullback to a valid supply area or FVG within our higher timeframe markup, for context we hit a higher timeframe low and now we are running our orders back to a valid area before the big sell off orders follow back in.
ECB maintains interest rate at 4.50% but for how long? History of prior EU Rate pauses:
4 months | Oct 00 - Apr 01
12 months | Jun 07 - Jun 08
3 months | Jul - Oct 2011
4 months | Sept 2023 - Present ⏳SO FAR⏳
At least they could say that this is not the shortest one ever now that we are into month 4.
Historical Average: 6 months (March 2024)
Interestingly this is when the Bank Term Funding Program in the US is ending which was providing liquidity to the banks. It might be a case of one foset gets turned off and another gets turned on.
PUKA
EURUSD: GET READY TO SHORT SOON!:DWe got a confirmed bearish trend for EU on 4H. MASSIVE BEARISH MOMENTUM
Now looking for trend continuation to take a short trade.
Waiting for at least a 50% retracement and price coming into the daily fair value gap (this is a must for my system!)- then we look for a market structure shift on the hourly and attack!
This is looking like a very yummy short!
Follow and Stay tuned my friends ;)
EURUSD 21/1/24Starting our week off with EU, main focus for our first session this week is to have our highest target hit (SWH)
in terms of entry our last sell side origin could offer a good space to look for said entry, if we don't get to our preferred point of entry then look for a run of our latest liquid lows.
Overall bullish here as we was through last week!
EU LONGI'm thinking CPI (Jan. 11th) is bearish and EU recovers to the upside. This is my first published idea and complete chart analysis for a long position I will be taking for the next week. I have been trading for a short time and I taught myself completely everything I know. I hope this inspires someone or leaves an impression. This is not advice! Just my projection based on a few days of analysis and 6 months of trading. Safe trading!
❓EU:wait more confirmation and development. Overall bullish now❓Since the last outlook, we saw some bullish development on EU. However the price delivery was not very clear, so I stayed out of this market.
Current update is in the chart and please feel free to send your questions below.
☝️Dear traders, no one here has superpowers, and I'm as well just a human. Please take everything with a degree of doubt and critique. I'm just sharing my view and one of the possible scenarios of price action. When I enter I try to predict as little as possible and actually follow what the market is doing, joining the market and not arguing with it or forcing my will. Have good trading, keep a constant flow of self-awareness, and do your best. 🙌
EURUSD: BEARISH TREND CHANGE- TIME TO SHORTWe got a confirmed bearish trend change for EU on 4H. MASSIVE BEARISH MOMENTUM
Now looking for trend continuation to take a short trade.
Waiting for at least a 50% retracement and price coming into the fair value gap (this is a must for my system!)- then we look for a bearish trend change on 15min and ATTACK!
This is looking like a very yummy short!
Follow and Stay tuned my friends ;)
EURUSD: LET'S LONG AGAINWe just saw clean bullish momentum for this pair!
Now looking for trend continuation to take a long trade.
Waiting for at least a 50% retracement and price coming into the fair value gap (this is a must for my system!)- then we look for a bullish trend change on 15min and ATTACK!
This is looking like a very yummy LONG!
Follow and Stay tuned my friends ;)