Ictconcepts
BTC long setup occurred after leaving 1D Fair Value Gap (FVG)BTC created a bullish FVG on daily chart and tested it on the weekend. And now it wants to go higher. There is another FVG on the 4 hour chart and my setup is like on the chart. I never enter a trade which has a potential less than 2R so my entry has been adjusted to create 2R profit. I am aware that it can go there without filling my limit order and I am totally OK with that.
BINANCE:BTCUSDT.P
Impact On The ScreenWhat type of feel do you get from this, does it seem like this week had low impact moves and was typa slow. Imagen this was on a 1min Chart, what would be our next move, timing and positioning, we would think that because it tapped into the gap on the left and is now showing some potential bearish moves, the equal lows might serve as liquidity and have us ram through them as we sell. Furthermore realizing that ohh we tapped into a FVG and this is actually still on a buy mood, would mess up everything, we still have some learning to do.
Journal Journal Journal!The reason why we are still not rich is because we are driven but not serious, we are passionate but not focused. Knowing what you want and knowing what the market does are two different things, have an intention, My side when I don't know what to make of the chart, I fold my arms and open my music pad. For this chart I fold my arms and wait for the two points Identified to be tapped
DXY analysis based on ICT concepts and candle scienceHello, greatest community Since this is my first post, I sincerely hope you find it useful.
I am going to start with a top-down analysis.
First, based on the monthly chart.
Currently, we are in the monthly SIBI, a reversal area.
What are we supposed to look for next?
A drop in momentum to the annual bisi target during the following months
Weekly Chart
It's Friday, the last day of the week. What can I see in this area right now?
1. It looks like we are about to create a weekly fair value gap, which we will trade from the following week in order to reach the next weekly SIBI shown on the chart.
2. On the other hand, we might make a BAG and search for the entry on the daily chart.
NB: I will post more information this weekend if I find someone who is interested.
LOOKING FOWARD FOR THIS M15 SETUP 1.Price already enter a very strong demand zone I think here sellers will find all the buyers they have been looking for (LOL) remember if you are selling 100 iPhones you will need 100 buyers it's that simple.
2. Price have wiped out lot of liquidity, so why will price keep going down to sweep that low in H4 I think there's no need for that therefore from this point we should see the start of a complex pullback to a supply zone in H4.
3. This figure you see here in M15 that will be my confirmation to start buying, Fibonacci is showing our M15 trading range (last high, last low) if this doesn't happen it means is going deeper into our H4 demand zone, that's why I always opt for confirmation in lower time frame before executing any orders.
WILL KEEP YOU GUYS UPDATED!!
Trading EURUSD | Judas Swing Strategy 08/10/2024Traders become enthusiastic with the start of a new week, as it presents an opportunity to capitalize on the market's offerings, and we were hopeful of entering into profitable trades this week. We arrived at our desks at 08:25 EST, energized and prepared to trade. With five minutes remaining before our trading session begins, we prepared by delineating our trading zones.
After defining our zones, we wait for price to sweep the high or low of the trading zone, as this will help us establish a bias for the trading session. After five minutes, a sweep of the trading zone's low occurred, indicating that we should look for buying opportunities during this trading session.
Shortly after the low sweep, we observed a Break of Structure (BOS) to the buy side, leaving behind a Fair Value Gap (FVG). This means that all that remains before we can initiate a trade is to wait for the price to retrace back into the FVG.
Once the next candle enters the Fair Value Gap (FVG), we can initiate the trade after the candle closes. We should verify that the entry price and low of the price leg that broke structure is at least 10 pips. If it's not, we'll set our stop loss at 10 pips and place our Take Profit (TP) at twice that amount.
To minimize emotional attachment to trades, we risk only 1% of our trading account and target a return of twice that amount if the trade moves in our favor. After a short while, we reviewed our position and discovered we were in a drawdown, which was acceptable to us since we had only risked what we were prepared to lose.
Subsequently, we received an alert indicating that our position had reached our stop loss. It's crucial to understand that incurring losses is a normal part of trading, particularly when you have data supporting your strategy's long-term profitability. The best course of action is to learn from these losses to improve your trading skills.
WEEKLY FOREX FORECAST SEPT 7-11th: GOLD | XAUUSDGOLD | XAUUSD is in consolidation currently. I am waiting for it to touch down at the Weekly +FVG and move higher. I'm interested more in long setups versus shorts. Patience usually pays, so I wait and watch for valid setups to form this week.
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
US WTI CRUDE OIL... Looking to BUY IT!US OIL
Price has pulled back into the Weekly and Daily +FVG. There is a good chance 73-72.00 will hold support, sending prices higher.
My eyes on the lookout for valid buy setups.
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
WEEKLY FOREX FORECAST SEPT 7-11th: GBPUSD GBP | GBPUSD is at an OTE level currently, and may find support for higher prices. I am on the lookout for BUY setups, as I do not want to take shorts in this market until prices breaks below 1.3000.
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
WEEKLY FOREX FORECAST SEPT 7-11th: EURUSD EURUSD is at an OTE level currently, and may find support for higher prices. I am on the lookout for BUY setups, as I do not want to take shorts in this market until prices breaks below 1.0940.
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Gold Buy price has not shown up all Buy side liquidity taken price has shown Sell side bais but as we know gold is Bullish over Monthly to weekly to daily to H4 and from yesterday Gold is stuck between buy and sell side trend also we have mentioned Inverse Head & shoulder pattern on H1 TF also Gold is forming a Rising wedge over H4 TF so we are bullish over Gold for even next week gold only palys with emotions