GBP/CAD LongContext:
• Prev. month close above consolidation, this month broke prev. month high
• Weekly: Bullish FVGs, prev. week had negative close, this week broke the prev. weeks high significantly
• Daily: In bullish swing, left consolidation with close abote montly high and consolidation range. Yet showed a rejection (long wick)
Idea:
• Direction: Long
• Entry area: 1.7452 - 1.7527 (between montly high and low of the 1h-Demand zone showed in blue)
Trigger:
• I do not suggest a LMT on the upper entry area
• Rather look for 30min-1h Reversal setup in mentioned entry area
• After reaching entry area one wants to see fast upward movement and a close abote prev. month high / prev. day low lines
Stop:
• Below your entry setup
Caution when:
• Entry area is approached with momentum, i.e. strong 1h-4h FVGs. → Slow approach of area preferred
Scenario broken when:
• Prev. day high is taken out: New context with potentially higher yet to build entry level
• Confirmed 4h close below prev. day low
Be aware of the CAD News today: BoC Interest Rate Decision. Market could become very volatile
Ict
GBP/USD Short (short term)Daily fell below previous week high. We build a reversal and rally-base-drop on 4h, what indicates rejection above previous day high.
We are now trading and building rejections on the order block that brough us below the high around 1.2766.
If we get a 30min reversal candle, I would sell this with first TP around today days low at 1.2743
Trade Like A Sniper - Episode 18- NIFTY1! - (5th June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis using ICT's Concepts in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions.
A couple of things to note:
- I cannot see news events.
- I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range.
- I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks
In this session I will be analyzing Bank Nifty futures chart, starting from the 4-Month chart.
- R2F
Trade Like A Sniper - Episode 17- Ford Motors - (5th June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis using ICT's Concepts in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions.
A couple of things to note:
- I cannot see news events.
- I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range.
- I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks
In this session I will be analyzing Ford Motors (F), starting from the 4-Month chart.
- R2F
XAUUSD - Short Trade IdeaThis trade is based on Gold's price trading into a Daily SIBI Unicorn setup. Whilst it isn't premium of the range, there was a CHoCH to the downside on the 4h timeframe, disrespecting a 4h BISI. I am looking to get into a short when price returns to this BISI to be used as an IFVG.
Target will be at the swing low, but leaving a runner would be ideal in an actual trade to target at least 2278, should the bias be correct in the first place.
Stoploss near the 4h swing high for the current trade, but should be trailed to secure profits should the current objective be hit.
#NFA
- R2F
BTCUSDT - Market Analysis (ICT Concepts)Hi everyone,
Here is a quick analysis on Bitcoin using predominantly the Monthly and Daily chart for my analysis.
We see a reaction from a Monthly Bisi with price moving higher. On the Daily timeframe for a closer look, we see that there is a Premium Sibi and a Discount Bisi. So we may see some back and forth movement between the two. But, I will be looking for where the Daily candle(s) close in the Premium Sibi, either inside/below it, or above it. This will likely determine my next course of action. I provide further analysis in the video so do check it out.
- R2F
Trade Like A Sniper - Episode 16 - Pfizer - (5th June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis using ICT's Concepts in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions.
A couple of things to note:
- I cannot see news events.
- I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range.
- I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks
In this session I will be analyzing PFE (Pfizer), starting from the 4-Month chart.
- R2F
BTCUSD Long: To the moon?Context:
Currently trading above previous high from Nov. 2021 with bullish FVGs on monthly chart - but we are now in a consolidation, but with upwards tendency. Same for the weekly chart - we just took out the previous week high.
Idea:
• Entry between prev. week high and prev. day high after 4h close above bearish FVG.
• Entry in mentioned area preffered with a lower timeframe setup like a reversal candle on 30min.
• Approach of the entry should be without FVGs on 30min. Otherwise wait for bearish 30min FVG to be closed.
Stop: Below your 30min entry setup
→ 1st TP: Around ATH / 73500
→ 2nd TP: trailing stop: "sky is the limit"
When does this scenario become invalidated? If the current 4h candle becomes a confirmed reversal candle. Then we could rally lower to at least 69000.
GBP/AUD LongMontly Chart neutral. Weekly shows an inverted FVG and we respected the last bullish FVG. Same for the daily chart. We trade above the previous day high.
IF the current 2h candle closes without potentially triggering my proposed entry level AND stays an inside candle as of now, this could be a long for me. Entry around 1.9184. Stop around 1.9167. First TP around current day high at 1.9210. Second TP around 1.9245.
Be aware: The shown CRV of the first entry is only about 1.6. So try to get an entry on a lower timeframe like 15min to reduce your stop and maximise the CRV
NQ Short Term LongRespected the daily FVG two times. Closed bullish yesterday on daily. We took on 15min the lase bearish FVG and an order block. I will look for an long entry with first TP previous day close around 18665 and potential to previous day high around 18750. Stop will go below current day low at 18565. Trade is off if we reach the first TP before trigger
EUR/CHF ShortRejection Monthly, iFVG on W. "Bullish" prev. Day low broken. 4h all bear FVGs respected. If 4h-Close below prev day low: Short around 0.977, look for lower timeframe entry for propper CRV - or Stop above 4h-Candle about 0.9792. First Target 0.973, 2nd 0.969, runner (very long run) 0.9565
USDCHF: First bearish then bullish... (Details on caption)Hello traders
By examining the USDCHF daily chart, we can determine that the chart is potentially bullish, but for this upward move, it is necessary to first clean the sell-side liquidity.
So, in my perspective the are two scenarios for price.
The first one is, that the price left the bearish FVG open and moved down from here to collect all the sell-side liquidity taps into the bullish FVG and then start the bullish move. In this scenario, the first target is bearish FVG (0.90692- 0.91109) and the buy side liquidity.
The second scenario is, that the price hits the bearish FVG and then starts the bullish move. In this scenario, the first target is a swing high that forms inside FVG and then buy-side liquidity.
💌It is my honor to share your comments with me💌
🔎 DYOR
🗓️03/06/2024
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Trade Like A Sniper - Episode 14 - CHFJPY - (4th June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis using ICT's Concepts in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions.
A couple of things to note:
- I cannot see news events.
- I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range.
- I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks
In this session I will be analyzing CHFJPY, starting from the 12-Month chart.
- R2F