Orderblocks
SPX500 BUY IDEAVery clean entry -- They really do this at the most unexpected times to get you. I PROMISE YOU HALF the people on that sell was holding the trade and very few people took partials/profits. (GREED) Market wanted all those positions... Promise you there were MANY buy limits at that 0.618 zone as well because people wanted to see it hold there and find resistance to sell off once more..
Will post below Lower time frame chart which I cant post when I publish the Idea (has to be 15M or higher)
BIG SHORT USDCAD (SMC)I found this order block in back at the start of September, was waiting for entry and you can see how perfectly I entered this position. Didn't share this incase it would respect the OB but if u go in the 4h time frame, 2h time frame and bellow you can see how this is being respected. Looking of holding this for a good minute. Because of our economic situation that's going in the world right now I see this trade happening 100%
EURUSD - Bearish Week?
Hey guys!
Here's my perspective on EURUSD this upcoming week.
Enjoy :)
BEFORE WE BEGIN:
This is my perspective. Do your own analysis before taking any trades.
- There are some strong High Impact News this week which may affect the direction of the market. This may ruin this EURUSD idea...
- Also, should the H4 FVG be closed in with a full body candle - aka closing above 0.98563, I am then no longer looking at this idea as price may run a little higher from there.
However, should none of these two events ruin the setup, then I see this idea as highly probable...
MONTHLY
The current Monthly candle has created an Immediate Rebalance as it wicked straight up into previous month's Low and rejected.
As of the Monthly Chart, it looks like price is headed down into Previous Month Low.
This gives us the framework that Shorts down into this level could be ideal.
WEEKLY:
This candle took out Previous Week High (the previous candle), went into the Propulsion Orderblock (Blue Box), and filled a FVG with a nice rejection, closing below the FVG - which is a sign of Bearishness.
This candle's wick High is now an Intermediate Term High as it rebelanced the FVG, and that high should therefore be protected and for price to remain below.
DAILY:
Price is coming from multiple series of Bearish Orderblocks / Propulsion Blocks, proving that the Institutional Orderflow is Bearish.
Market Structure is Bearish.
95.000 Looks Interesting.
H4 TIMEFRAME:
(Look at the chart analysis)
Market Maker Sell Model may be unfolding (grey consolidation boxes).
All imbalances have been filled above current price, showing Bearish orderflow, and no reason to go higher.
According to Market Structure, price should remain below and respect its Protected High and go to it's structural Low (the low on the chart).
The FVG may act as a Breakaway Gap, because GBPUSD has filled that exact FVG on its chart (which also caused minor SMT Divergence).
Should price return into the FVG, I'd like to see price to respect it and NOT close above it. The FVG is also coupled with a Mitigation Block, so rejections in there is likely...
DXY (USD index) looks Bullish as well to support this bearish EU idea...
Also, feel free to check out my other analysis posts. Pretty much a 100% hit rate on the recent breakdowns.
SHORTPrice is clearly on a downtrend after clear break of structure on Month and weekly timeframes. It is possible for price to retrace to the Daily orderblock (refined on H1) for clear shorts. There's also a possible sell at the cmp where we have an M15 OB and retest of Daily BMS. Possible targets and stop losses indicated.
Risk management is highly encouraged.
All the best.
Possible buy entry for the DollarHello traders,
Below the price level of 112.583 lies sell-side liquidity.
It is a significant level because it has a swing low with an FVG below it.
We should see the price come to this level before looking for buying opportunities since a Bullish Orderblock was formed yesterday on the Daily timeframe.
Good luck💥
USDCAD Analysis for the week of Oct. 16In this presentation I highlight my analysis for USDCAD. Currently price is reacting pretty strongly off a long term Weekly Bearish Order Block. Which in my opinion could be the perfect storm for a price reversal. Price has already reacted from a longterm Weekly -FVG, and has since traded back through it seeking higher liquidity. Please check the video out for more detail of how I plan to handle this current market condition. Bless.
Is the market still on aggressive downtrend ? Hello ladies & gentlemen ,According to my analysis ,I think that expecting something in this market condition is hard ,the fed still increasing the interest rates ,which affect negatively the market ,But as we see in the chart the price goes upwards from there,also we are waiting for good confirmation to take clean trades.
So ,if you have any opinion or suggestion ,write below to discuss it.
The Overnight Diagonal That Manipulated Your Falsified GainsNow as of recently I have become submerged into Elliott wave theory.
It helps me define order flow on a fractal level and with the implementation of certain other order flow concepts,
I can then define the intent of order flow between sessions.
Elliott wave is fundamental in understanding market structure. Impulses and Corrections are fundamental in driving liquidating factors into the market and also actually
helping in drawing the correct Fibonacci levels as EWT has rules. And as traders we need rules as with every game, but it adds to confluence and the overall strategy in defining
well positioned entries.
Another Concept I implement is the Volume Spread analysis. Everyone has their take on volume, but volume is their as a leading indicator to show you between each timeframe which
transactions were of the dominant force, and also who is the dominating pressure inside each candlestick no matter the time frame.
With this knowledge you can then break down each candlestick to define the motive and where and why and to which extent order flow may extend and the overall transactional bias in the market by seeing the divergences
between the spread and the volume.
This is definitely a good foot print as well blending in session open times and closes. I personally enjoy the killzone theory conceptualized by ICT as it does help with timing and is based around the major session times when
volume enters the market.
Wyckoff models are a good study as blending volume spread analysis will aid in picking potential market tops and bottoms, EWT sealing the cap with knowing how certain intentions by large market participants are fractalized.
This here is the Overnight Diagonal which is very manipulative.
Diagonals take time to notice, but VSA helps bring confluence in determining whether or not the timing of a trade is high probability.
Remember, then manipulator always win, as that what manipulators are all for, self interest.