ANOTHER USDJPY SHORT- MONEY PRINTER IS LOADING AGAIN !We are seeing clean bearish momentum for this pair. Excellent and clear market structure of lower lows and lower highs.
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 ;)
Fairvaluegap
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 ;)
CANNOT WAIT TO SHORT USDJPY AGAIN! GET THE MONEY PRINTER READYWe are seeing clean bearish momentum for this pair. Excellent and clear market structure of lower lows and lower highs.
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 ;)
GBPCAD: READY TO SHORT SOON!We got a confirmed bearish trend change for GC (2 LL and 2 LH is what I look for to ensure I do not fall for the trap of a fake trend change!)
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: ALMOSY READY FOR LIFT OFF! GET THE MONEY PRINTER READYWe just saw clean bullish momentum for this pair! Such A BIG JUICY... BULL CANDLE and continuation after the FOMC!
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 ;)
ALMOST READY FOR GBPUSD LIFTOFF!We just saw clean bullish momentum for this pair! Such A BIG JUICY... BULL CANDLE and continuation after the FOMC! We have also aligned bullish on the daily, 4H, 1H timeframes.
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 ;)
EURUSD: LOOKING TO GO LONG LADIES AND GENTS!We just saw clean bullish momentum for this pair! Such A BIG JUICY... BULL CANDLE after the FOMC!
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 ;)
CANNOT WAIT TO SHORT USDJPY AGAIN! YUMMWe are seeing clean bearish momentum for this pair. Excellent and clear market structure of lower lows and lower highs.
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 ;)
Watching for Possible shorts daily sibi has been creating resistance for the last 11 days, the dealing range is in bullish and price is in a premium, the volume has been weakening on the rally up, however supply has not stepped in the market to bring prices lower, so we can be in a manipulation/consolidation of the market
4hr and lower is making bearish structure so I'm anticipating price continuing lower to
15725.00
i would like to to see price retrace around 15847.00 before dropping down into this level
NQ what are you doing lol daily time frame shows NQ is in a bullish trading range at a premium and price action has been pretty much sideways for past 6 days meaning consolidation and anything lower than the daily can result in buy side and sell side liquidity being taken
4h bullish trading range at a premium and price action has been sweeping liquidity both ways with no clear displacement, I favor price falling to sell side but without the displacement that will not happen, I have marked the liquidity that has been taken and what has not
I will continue observing but for now im playing the sidelines
Nq Price Action Watch I'm anticipating price selling off into any one of the w-bisi pd arrays since price is in a premium according to the daily range to reach for sell side liquidity. I will look for potential shorts in Ny session at area of interest before first sell side target is reached if the opportunity presents itself
high news is coming out this week between Wednesday and Friday so we will see how that impacts price action
Watching Levels on Micro NQdaily-price has taken out monthly buy-side liquidity
4hr- we are in a bullish trading range and currently pulling back the price has disrespected the first BISI that was in the premium of the range
1hr- price failed to take out the Asian buy-side and just fell in London creating SIBIs,
my AOI for buys would be around 50-61% of the fib on the 4hr if we price can come in that zone and create a lower time frame market momentum shift.
Gold Run Big Time Bullishretraced into a FVG recently broke structure on the 5 min so either it swept its liquidity down there in the FVG and continues breaking the old high that i marked out as black (5 min, 15 min, 1h, 4h) and just rallies or it´ll go down again sweep liquidity once again and then will continue to break the last highs. tp under the FVG that i marked out that could bring sells. also the other higher time frames are bullish. so lets look for thos longs and start makin bread!!
Possible ES longs after Area of Interest Reached
daily- price trade into a BISI creating a swing low possible DOL is at high
4hr-4hr sell side taken in Asian low after going into daily bisi, followed by a break creating a bullish ob
1hr- 1hr BISI There are two areas I'm interested in possible longs, I am favoring the lower 1hr bisi because it takes out the Asian session low, of course, I will need to see a lower time frame market shift once areas are hit
two things that move price is running to liquidity, or re-balancing and re-pricing to an old inefficiency apart from that its manual intervention
Hint: if your pd array fails and the price goes back and re-test after you re-analyze the market from the TDA approach you can take a potential trade from an inverse perspective.
Anticipation for NQ Tuesdaydaily: The price opens up on Monday failing to take out the previous day's high, so the price is trapped between Friday's price action,
4hr: price is still in the premium of the bullish trading range, I still favor price falling lower into 4hr or daily bullish order block and finding support there for longs
1hr: I would want to buy side liquidity taken preferably from the high of the Asian session high, and a shift lower tomorrow for possible counter-trend shorts
I will update this in the Pre Market of NY session to see how the current price action looks
Potential Continuation Buys in NQPrice rallied higher Friday closing the week out bullish taking out a month-high buy-side liquidity level. I am anticipating a continuation but would first like to see some sort of retracement into any one of these PD arrays or maybe just coming into 61%/discount of the Fib -27 in perfect alignment with potential BSL target
Pull back to Fair Value Gap and Support ZoneOn 1H TF
DYDX has broken out Resistance by Descending Trend Line and now it's pulling back to retest.
I figured out the Fair Value Gap around 2.335 if it bounce back after hit this zone can join next bullish trend with invalidation level (stop loss) below 2.275
Wait for next move
What is ICT Power of 3?Power of 3 at work on Gold producing a 8.6RR move on 30/06/2023
FOREXCOM:XAUUSD
Ict power of 3 is a strategy that reveal the market maker algorithm model for price delivery.
Power of 3 simply means there are 3 things market makers algorithm do with price in ever trading days.
Those 3 things are; Accumulation, Manipulation and Distribution.
AMD:
A: Accumulation
M: Manipulation
D: Distribution
1. Accumulation: They accumulate liquidity through the delivery of a ranging market.
The purpose for delivering a ranging market is to induce both buyers and sellers to enter the market thinking that price will go in their direction.
2. Manipulation: After accumulating both buying and sell orders, they then manipulate the market to further induce another set of traders which are breakout traders.
But, that particular manipulation move is not their intended direction for the day. They only use it to gather liquidity, Which will then lead them to the next action which is to move and distribute price in their real direction for the day.
3. Distribution: After manipulating price to a particular direction different from their plan, they then distribute price to their original intended direction.
e.g to buy, they will first sell the market and then buy at the discount price level.
Example of Power of 3 on Gold
AMD:
A: Accumulation
M: Manipulation
D: Distribution
Accumulation : Price range during Asian session, accumulating liquidity on both sides of long and shorts.
Manipulation : Price broke the low of the accumulation during London session to take out sell side liquidity and then fill the previous day imbalance.
Distribution : Price move away from the FVG leading to a shift in market structure on 5m time frame, plus a short pull back, follow by a massive move to the upside during the New York session to take out buy side liquidity above.
Liquidity Pools EURUSDHi,
I can see at least two Liquidity Pools on Medium/Higher Time Frame for EURUSD,
and price is likely to seek these. The question is if it will go first below or first up. Instinctively, I usually want to trade upwards or the reversal, but since price short term is already downwards, and thus closer to the lower Liquidity Pool, then perhaps that is the wiser choice, to do a small short if anything.
But there are liquidity pools to the upside, which can give a great reward if it reaches there, and you have traded near these lows.
Have a great day in Jesus' name!
-ThomChris
Weekly Bias for SPX - 10/1/2023Weekly Chart: Traded into last week's bearish engulfing candle and then took out its low.
Traded into a +POI (W+FVG), wicked near MT at 4236.6
Weekly Idea: Because we are bearish but entered into this +POI, with may get a bounce but would look to see if the PWL is taken out for a continuation lower. For now, I'm 505/50 on this mainly because of the W+FVG. A bullish scenario would need to be revisited
Daily Chart: Price took out the PWL and set a low on the Daily in the W+FVG, however, price bounced from the area without making a new high. This is logic to stay on the downside for now. Another thing to note, Friday's close is at the mid point of the weekly range, Weekly high 4347.4, Weekly Low 4243.2, and Weekly mid point 4295.3, finally Weekly close/ Friday closing price 4295.3.
Daily idea: Because of the close and the price failing to make a new high this give reasoning to at least look for the price to take out the PDL and -LP ( $ trend line liquidity) with best case scenario, price taking out the PWL. A bullish scenario would need to be revisited
4H Chart/Idea: We have a 4H-OB and 4H-FVG, one the LTF, do we have price return to mitigate this area? The +breaker is hold price up for now and this will be the first thing that I look at for a response of what price decides to do. The low was made in a +POI, a +OB but will it hold?
Weekly Bias for DXY/GU - 10/1/23Weekly Chart: DXY and GU both have reach POI, on DXY a W-OB and on GU a W+FVG. In this scenario, I'd be looking for DXY to see how we respond to the PWH if we fail to take it out and trade back into last week's range, I'll look to the downside potentially. If we trade through it, the +LP at 107.993 will be the next draw. GU will have to deal with the W+FVG and the YOP which may be a tough task.
Weekly Idea: DXY's strength be the thing I'm watching. This is a good area to fall from and that will spring GU to the up side. A fall lines up with the YOP holding price up on GU. However, if we take out the high on DXY, GU reaches into the YOP
Daily Chart: The first draw is the PDH on DXY and the PDL on GU. We will need to pay attention to how the engulfing candles made on Thursday on DXY/GU are handled and this will be a range that the LTF will need to deal with.
4H Chart: DXY has a small 4H-FVG but the one above it is the one I'm interested in. The PDH has already been taken out and the response to the highs are what I'm looking for. On GU, the PDL hasn't been taken yet but its at risk so, I'll be looking at how price reacts to all of the +POIs (D+FVG,4H+Breaker, and the 4H+FVG, 4H+OB). If DXY fails to push through PDH, well look for price to trade into the 4H+FVG and and the same time I'll be looking at price inside of the 4H-FVG on GU.