I want to be brief and straight to the point. On the weekly chart price traded into the weekly breaker block and within that zone on the daily price traded into a daily orderblock and within that same zone on the 4HR price traded into the BISI which was created by the Non-Farm Payroll impact. It's amazing how price shows sensitivity just at the consequent...
Focus off the markets!!! WISHING YOU ALL A MERRY CHRISTMAS. It's time to unwind!!! STAY SAFE
Happy weekend, feels good to be heading into a new week again. So far so good and here we are, everything we outlined earlier all seen in price delivery. - talked about the current quarterly shift that is in place at the moment, seasonality, COT data all supporting lower prices in DXY. - Yeah, talked about DXY reaching into the MONTHLY INVERSION FAIR VALUE GAP....
woah! Woah!! Woah!!! Here we are, going into another week and look how far we have come, all outlined in previous weeks all gaming out pretty nice recalling those monthly and weekly levels on DXY/EU. Going into a new week we are again faced with the question of what next? -So, what next? -why you asking me, i don"t know! A lot has happen in price in recent...
It been a fruitful year, so far so good. The last month in the cycle, a good time to zoom out pretty much and see what idea we would build going into a new season of trading.
COT DATA PRIOR TO NEXT MONTH (DECEMBER) OPEN. Looking at the 6 month hedging program of the commercial, the commercial are below the zero line bases of their hedging program and the story line should be filmed to the down side.
A quick look at the view for December open. - Open interest, no decline. Check! - COT data, commercials net short. Check! - Seasonal tendency for december, bearish. Check! - Quarter shift, aiming for 40days look back low. Check! READY!!! SENTIMENT: BEARISH DECEMBER
After anticipating the SIBI forming prior to the just concluded trading week, and now behold the SIBI in place. I'll hold on to all which I outlined going into the just concluded trading week while watching out for this levels in price.
Monthly transposed to weekly.... Look at this, look at that, look here, look there.... No, I'm not saying much for the weekly. Just bringing the monthly levels to the weekly and showing you how the weekly levels and the monthly levels overlays. 1. Where we have the inverted FVG on the monthly, we have a weekly SIBI, or you can choose to call it FVG on the...
1. Let's look at the monthly SIBI, shift your focus to the lower quadrant of that SIBI. I love the way volume respected the midpoint of that lower quadrant. 2. Focus moves to how price reacts from that lower quadrant, drop down from the current monthly candle, that significant and I hope to see it close with the amount of volume it's xurr holding. 3. Now what...
CONCEPTUAL FRAMEWORK 20, 40, 60 days look-back swings is where the large funds liquidity resides, therefore when a shift occurs it seeks those levels. The concluded week saw the 20 days look-back low in DXY taken as anticipated. Coupled with seasonality idea, Up next; 40days low so likely a draw. FORE-LOOK With a large range weekly run from the concluded...
still holding on the last week view on dxy and EU, unless a possible outcome comes in to call on the opposite side of the market
Considering all that has been outlighted in DXY, EURUSD rallied into the monthly fair valu gap after the Non-farm Payroll release on Friday. With the dealing range created looking at the weekly chart, personally would like to see some measure of move into the premium area of the range despite price closing the week below the mean threshold of the monthly fair...
Sometimes, price has pride! Last week, with the quarterly shift sentiment in check lower pricing was anticipated in the DXY and such as been the case in the just concluded trading week. Though lower pricing was anticipated but I fashioned out what I termed as a TWIN BIAS for the concluded week and the same is what came to play as price offerred ampled transaction...
Last week came in as expected in price, every effort in DXY to see a rally above it high keeps hiding price bound with little rally and little decline. Though HTF is still calling for higher prices, the current orderflow gives us a low probability anticipation in price since both sides of the market could be called for in analysis. But personally, with the...
October made a low and rallied, taking out a short term swing high,which at first felt like a liquidity run.Price declined but failed to gobelow the initial low it left behind,rather price worked inside ofthe inversion fair value gap and then return to higher pricing.Thisshows signature for a higher prices coupled with the quaterly shift(retracement) idea outlined...
October made a low and rallied, taking out a short term swing high, which at first felt like a liquidity run. Price declined but failed to go below the initial low it left behind, rather price worked inside of the inversion fair value gap and then return to higher pricing. This shows signature for a higher prices coupled with the quaterly shift (retracement) idea...
TVC:DXY After the last structure shift which has seen price in a one-way direction for the past three months, and also looking at the quaterly shift cast forward logic, price is currently at the maximum of 60days cast forward range which gives us reasons to anticipating a move in the opposite direction. Coupled with the 60 days cast forward factor, price also...