Orderblocks
AUDUSD Short Entry Hi Traders,
Happy Monday.
Hope you all had a great weekend.
Today we are looking at the AUD/USD Chart
The bearish volume on the Daily chart is undeniable.
We have been trending lower for quite some time now and it doesn’t seem to be slowing down at least for the time being.
I am looking for a retrace into the yellow zone.
Once we have this retrace my short position will open with a RR of 1/3
Have a great day.
See you on the next one
The Vortex Trader
NFP Today. Who Is Trading Gold?Hi Traders,
It’s NFP Friday.
Who's scalping today?
I am looking at an entry on GOLD that I have taken.
It is a long position so it’s counter-trend.
I wouldn’t class this setup as an A Grade as it’s against the trend.
I waited for to price to break previous structure with strong conviction and volume
I entered on the retrace of that zone.
My RR is 1/4
See you on the next one,
The Vortex Trader
BTC/USDT : Second stand of bearish wave!BINANCE:BTCUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
We nailed our last two calls on $BTC and now I'm going to call the third and last mid-term position.
There's a formed supply candle with the order-block formation on candles body.
Also Any break above the zone, Will lead the pair to $39200, and also there's another S/R zone located below.
So based on the data we have, Everything is matched for the next bearish wave!
But the main Idea is coming from our last exclusive Analyzes on weekly TF :
Trading setup :
🔻 Entry Pointes : $36500 - $37000 - $37500
📍Targets : $35000 - $32800 - $30700 - $28800
🟥 Overall stop-loss : $39200 ( Three Candles Close )
📚 If we get caught on SL then, I'll move on and wait for the next Short entry till $42400.
Hope you enjoyed the content I created, You can support us with your likes and comments!
Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
$BTC - Fill 4 HR FVG - Bullish Scalp to Bearish OB - *SMT**SMT = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges, trendlines, channels, harmonics, etc. has any effect on how price reacts. I'm Sorry, but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remember price levels, that's it. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to remember is price will move toward attacking where there is Liquidity (Equal Highs, Equal Lows, phantom Trendlines etc.) and Balance (Fair Value Gaps, Liquidity Voids.) That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.
According to SMT price wants to fill imbalances, there is a current 4 hour imbalance in the chart and it stops near 36,000 (Just below) So I gave it some wiggle room for entry after it fills the imbalance it should start a bullish move until the price level hits something the algorithm will remember, such as a bearish order block. A bearish order block is your last bullish candle before the bearish candles close below the bullish candle. The beginning of that bullish cand will be the bearish order block. That is what I think will happen to this chart. It will drop and fill the imbalance and pull up to the bearish order block. All you need to make a money in this game is to see that possibility and put a decent lot size on a futures trade and trade with about 10-15x leverage. You can easily pull off $either $5 or $2,000 depending on how much you have in your account and how much you want to risk. But these types of setups should be easy to spot and easy to capitalize on. It will act as if it wants to continue bearish after filling the imbalance but that is to get retail traders in the trade selling short so smart money can they take it north, ripping the money out of the short sellers pockets and into theirs. Think like them. This is how I would play it if I were an institution.
This is not trade advice. This is simply an observation of my experience and my training in Smart Money.
COINBASE:BTCUSD
BINANCE:BTCUSDT
BITSTAMP:BTCUSD
BYBIT:BTCUSD
GEMINI:BTCUSD
CME:BTC1!
INDEX:BTCUSD
CME:BTC2!
POTENTIAL SELL ON US30Price has potential to move lower from the retest of the minute 5 timeframe sell zone, wait for bearish price action to confirm the move.
GBP/USD Bullish Breaker Block Trade AnalysisIn my last publication I discussed the bearish breaker block so I thought it only appropriate to follow up with an analysis of a trade taken using the bullish breaker block. This is a similar setup to the one I last discussed on EUR/USD, except that it was bullish and on the lower 15m timeframe. Do not be fooled however, this trade was taken with a higher timeframe level in mind. This level was the equilibrium of the 1W bullish order block shown in the chart image below. These higher timeframe levels are very reliable since institutions trade off of them. Furthermore, given that GBP/USD has been in a longterm downtrend, I am only interested in taking bullish setups which form at higher timeframe levels i.e levels on the 1M, 1W and the 1D.
On April 13th the market runs below the low of April 8th and then quickly returns above the low, back into the range (the stop hunt), but why does this price action occur? In and around this April 8th low lies sell side liquidity in the form of market orders to sell GBP/USD whenever price gets in and around this level. Breakout traders who would have sold the pair once the April 8th low was broken in hope of a breakout and traders who would be taking profits after shorting the pair at higher prices all have market sell orders at this level. Banks need all of this liquidity in order to pair with their huge buy orders, hence why the market "sweeps" the liquidity below the April 8th low and then turns bullish.
Once price runs the low and returns into the range we look for the bullish candle which initiated the stop hunt below the low, this is the green candle before the bearish momentum, as seen on the chart. This is our ICT bullish breaker and it is represented by the blue rectangle in the chart. To trade it we wait until price breaks convincingly above its high, personally I wait for a break in market structure (BMS), and then entry is made on a retest of the breaker block's open. Note that the high of the breaker can also be used, however, using the open price allows for a smaller stop loss. Since this breaker was so small I used its high as my entry and my stop loss was placed below the low of the 15m order block. My stop loss was placed here because price should not violate this level if banks are seeking higher prices, if this level is violated then all interest in longs are lost and I accept my loss and remain on the sidelines. Additionally, I didn't place my stop loss directly below the low of the bullish breaker because this is a smaller timeframe and the stop loss would have been too small for my liking. Personally, I like to give my trades the necessary room to breathe, allowing for some movement against my entry. My target was the first buy side liquidity (bsl) area where banks will take profit by selling their longs. I have also outlined a 2nd buy side liquidity area which can be seen clearer on the chart if you scroll to the left.
This post in combination with my previous one provides a complete guide on trading ICT breaker blocks. Thanks for reading and may the markets be with you.
ETH/USDT : Breaking above the trendline!BINANCE:ETHUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$ETH is breaking above the trendline and it would give us the opportunity to take Long on the higher resistance zone.
Not Quite an enjoyable Long opportunity, But Based on PA;
If we the Closings above the mentioned resistance zone ( Order-Block on 45Min TF ).
Then we can locate our Long on a proper retest of the broken zone!
Be cautious that we need at least three candles close above the resistance zone...
In other term, It'll deviate from the break-out and fall below the broken trendline.
Hope you enjoyed the content I created, You can support us with your likes and comments!
Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades