EUR/USD London Session Long - July 18 '23Price on a bullish trend is currently on our favour with liquidity. Took out asian low with a Wolfe wave as well, reacted and broke the m5 market structure giving me the confirmation I was looking for. Looking for a continuation of this bullish trend with a 1:3 risk-reward ratio. Good Luck Traders...
Manipulation
EUR/USD Short - July 17 '23We are currently on a very high premium zone on EUR/USD. Formed lots of liquiidty with equal highs as well. Price liquidated higher forming a bearish engulfing candle on the H1 timeframe. Now price is closing the bearish engulfing candle imbalance and shifted market structure as well. Price above the NY opening price. Targeting a very nice zone of imbalance below. Lots of zones to rebalance below. Aggressive reversal trade, good luck traders!
EUR/USD Buy Limit - London OpenWe have a liquidity hunt on London Open with price confirming a bullish reaction. Buy Limit set on the imbalance of the bullish engulfing candle for a potential 1 to 3 risk-reward ratio. Let's see if we get filled. If price hits target without getting us filled I'll remove the limit order
EUR/USD Short Idea - June 26 '23Potential trade to go short on EUR/USD, we just reacted on this orderblock that's the origin point of this strong bearish candle (imbalanced). We had a push higher on London Session (Potential fake move?) and a retest on the order block on NY Open with a bearish engulfing candle as confirmation. The retest of the zone is also the end of a Wolfe Wave pattern. Aiming at the next lows of liquidity for a potential 3.3R. Good luck traders!
EUR/USD - Back to fair valueEUR/USD analysis for next week. Price currently reacted on the H4 fair value gap after a long bullsih push. We took out liquidity first on London open and then on NY open causing a market structure shift on the m15 timeframe. You can look for a potential setup to go short once price retraces and potentially fill the FVG + Imbalance on this m15 swing that caused the break. Wait for rejection on the zone for a potential short targeting fair value (50% of the swing).
EUR/USD London Session - June 20th '23Setup to go short on EUR/USD. We are currently on a new formed uptrend on the m15. Filled imbalances, taken out liquidity during Asia and we are now aiming to target at least the double top above. We just closed the H4 imbalance and the bullish engulfing candle on the 15 min gave us a nice confirmation to enter long.
DGLY is due for a correctionDigital Ally, has had a bit of a slow motion pump after earnings in mid-May. Insofar as the
earnings go, there were none. The news is DGLY is burning cash less than expected. No matter
how you cut it shareholder value is not there and still the price went up since then especially
in the last few trading sessions. DGLY could dilute shareholders to raise capital. Insiders
could be manipulating the price. According to FinTel, there are 12 insiders who own 7.7% of
the shares. Seemingly, if they act in a coordinated scheme without any paper trail they could
have run the price up especially if they got help with one of the several penny stock trading
rooms with lots of followers. Overall, this looks like a pop and drop pumped up and ready
to flush. I will take a short trade of put options on this expectant for a quick profit over
a week or two.
GBPAUD ShortUsually I like to go long but this short was calling my name, lots of downside targets that need to be hit, and since momentum has brought the price up I'm looking for a retracement point to. The golden pocket lines up with confluence W/ an imbalance and market structure and manipulation area. Very confident in this one
ACA/USDT 1D. Fall out of channel. Manipulation.Here's coin in DOT ecosystem - Acala network.
Though it has problems with its stable coin etc. there's space for earning money. Here's how.
There was an accumulation channel(logic of the current movements). In it the volume was accumulated.
Now there;s a break down of this channel. Price is dumping. The meaning of it - is how i've already described - collection of stop losses.
From the support price has now dropped 37% down. We've come to the first support and potential reversal zone 0.545$. Yellow level.
The second one is on the chart.
When dropping out of that horizontal channel we had - the downtrend channel started to form, this is when we speak about technical side of this potential manipulation.
Now as you can notice on the chart - the price is on the support of this downtrend channel.
Hence we can at least work locally from the support considering potential bounce of the price.
How Market Makers Manipulate Retail Pt. 2This is a follow up from the previous tutorial analyzing the One : Two liquidity sweep and entry confirmation after both directions have been taken and confirmed a swing failure pattern. The premise is to trade based on the direction of the first sweep only after confirmation and retest above or below the median consolidation line.
EOS/USD 1W. Basic trend. Potentials and manipulations.Here's the EOS/USD 1W Chart on Bitfinex(long history).
Right now we can see the horizontal channel forming. In this channel harmonic pattern on daily TF formed and worked out the first target, which is the middle of this local horizontal accumulation channel, in terms of 1w TF.
Now we're near the support of this channel 0.86$. Recently the big amount of EOS were deposited on the exchanges.
Showed the classical potential manipulation - look.
On the bottom we have the support zone. Also it's 0/61(16)$ zone which often acts as bottom.
This 0.61$ zone is -25% from the current support which is basic percent for pulling out stop losses.
Though, if the market gives an "opportunity" it can dump further. The global support is 0.5$. This is also a possibility.
And if on the moment it's very scary - the price can drop up to 0.36, which is also -25% but from the main support 0.5$. It will be 0.36 $ zone.
Still, the potential is very good. Shown the potential distribution(local distribution) zone on chart.
Those are - 2.5$; 5$ and then maybe 15$ but probably not in this local cycle.
You can potentially work martingale in this type of situation, which means buy more if price drops.
Algorithm vs Liquidity In Determining PriceBased on my research into IPDA and algorithms, central banks, trading firms/hedge funds, and smaller banks use execution algos (EAs) for trading with different objectives. Small banks use EAs to split large parent orders into smaller child orders generally in one direction, buy or sell. These orders are executed separately over a period of time to either open or close positions.
Trading firms and hedge funds use opportunistic EAs to buy and sell to turn a profit.
Central banks use market making EAs to buy and sell in order to bring liquidity providers net positions back to or close as possible to neutral. (This sounds like equilibrium). Central banks use EAs cautiously and only during their main trading hours and always under the supervision of people.
A key reason for using EAs is to access multiple liquidity pools in order to reduce market impact or footprint.
This is similar to a parent child relationship between Central Bank algos and other smart money players, where smart money (including central banks) accumulate orders in consolidation before expanding price, then the central bank algo pulls them back to equilibrium like a parent calling their child that has strayed too far away. Then they rinse and repeat.
I am of the opinion that with the function of central bank algos to facilitate the provision of liquidity with minimal market impact, that liquidity itself is the determining factor in price delivery.
Algos used by smart money break up large orders in to smaller chunks and funnel them to multiple liquidity providers (market makers) for fulfillment since forex is decentralized. If there is enough liquidity (buyers and sellers) to open/close positions at a certain price then it is done at that price. When liquidity is low or there aren't enough buyers and sellers at the current price, the market maker's algo has to fill these received orders where there is enough liquidity based on available buyers and sellers. The algos move very quickly which can deplete available buy or sell orders rapidly leaving unfilled counter party orders in its wake which defines liquidity voids (imbalance).
Algo adjustments to meet buyers and sellers at their price is perceived as a stop hunt but it's just economics.
Example: If I must sell something and I want to sell it for $100 but no one is willing to pay $100, I would have to look for buyers willing to pay $95.
If I must buy something and I only want to pay $100 but the seller is charging HKEX:105 , then I have to pay $105.
Either the buyer crosses the spread to meet the seller or the seller crosses the spread to meet the buyer. When there are limit and stop orders the buyer or seller isn't moving so the liquidity provider has to move to meet these buyers/sellers at their limit or stop order prices (including orders left behind in liquidity voids).
When the orders trigger and price reverses it takes out both buyers and sellers so people call it a hunt, but I'm sure it is intended for actual institutional trading entities because retail traders such as ourselves can not provide the liquidity to be on the other side of every order placed by institutions.
We are simply collateral damage in the battle between financial titans seeking to provide and tap into liquidity.
SXP LONG PERFECT REBUY ZONEInstitutional traders will massively rebuy this level: 0.4598 - 0,4550. After a mid-term downtrend we could backattack our untested Pandora´s box with expected profit 5 to 10 percent in case the order would get filled. SXP is currently respecting our backside and frontside trend on higher and microtmrfs.
REBUY ZONE: 0,4598 - 0,4550
USING VERY TIGHT STOPLOSS - 15. MIN. CLOSE OF THE CANDLE UNDER 0,4549. THE WHOLE BODY OF THE CANDLE MUST CLOSE UNDER THE LVL.
Little advice for today: Start your market analysis with highest tmfr possible and always chase for the best entry.
Accumulation Manipulation Distribution Ran into this 'AMD' concept on Twitter, never looked at charts as such. Can this NASDAQ:SMH Daily chart play out as such? Does it make sense to indicate Accumulation Manipulation and probable Distribution like this, or do we need more for this (?)
Keeping an eye on it this way is harmless. Let's watch and see how it plays out. Always keep learning.
How to be careful against manipulation while trading Forex?It all started on the morning of December 20, 2021. The "Up Tick Rule" was implemented for one day in the stock market. The Up Tick Rule is an application that reduces the declines caused by short selling in stocks and is implemented to limit selling pressure.
The implementation method of this rule is that even though the capital market instrument subject to short selling can be realized at a price higher than the last transaction price, the short selling transaction can also be made at the last transaction price level if the last transaction price of the capital market instrument subject to short selling is higher than the previous price.
Thus, with the implementation of this rule, the possibility of the dollar falling is minimized. The dollar is raised up to 18.36 Turkish liras. At 18:15, after the daytime market closed, the manipulation began.
On the evening of December 20, 2021, the Central Bank started selling dollars through public banks at very low exchange rates. The aim was to transfer capital to some of the supporters by selling the Central Bank's dollars for less than 10 Turkish liras, but the dollar only fell to 12.49 Turkish liras. Because an investor who was unaware of this operation bought $1.5 billion at an average rate of 12.50 Turkish liras. Since the Central Bank had exhausted its selling limit for that day, it couldn't sell any more dollars. Thus, the operation remained incomplete.
With the panic that started in the market, BIST presented an announcement for approval at 09:25 on the morning of December 21, 2021. A trap was set for stock market investors to complete the operation. At 09:46 (16 minutes after the opening of the stock exchange), the approval of the announcement was published on KAP.
In this announcement, the limit for selling dollars at a discount of up to 10% was increased to 80%. However, during the 16-minute period before investors learned of this decision, the Central Bank's dollar reserves, which had started selling at 18.22 Turkish liras on the new day, had already been sold down to the level of 3.65 Turkish liras. (Although this level of 3.65 Turkish liras may not be visible on the Tradingview chart, data is available on applications such as Bloomberg Terminal and Matriks.)
The identity of those who had prior knowledge and purchased dollars at almost no cost is unknown. The Central Bank has been robbed, and those who were aware of the operation have made large profits, while others have lost their money and assets. Instead of protecting investors against manipulation, it looks like SPK and BIST have facilitated the setting of traps for them.
The most basic thing we can do to protect ourselves against such manipulations is to be vigilant when buying and selling currencies of countries with low credibility.
A "Stairway To Heaven ?"What can be said about this strange chart and it’s unusual symmetrical behavior ?
To my eyes, strange forces are at play with respect to LINA, and beyond belief, if we change the letter ”I” to the letter “U”, what you will see would surely make the baby Jesus cry…the word LUNA, the sign of the devil himself.
Do you remember LUNA ? Do you remember it’s parabolic ride upwards while you were awash in cash ? I do. I also remember jumping out at $92.00 before Mr. Kwon and his buddies delivered their hard surprise to the unsuspecting public, without the benefit of any lube.
So what is happening here ? Will we take another step upward as long as BTC remains drugged on the floor like a cheap date in a bad part of town ? “The ALTS will play, while BTC is away ?”
To my mind, this chart looks abused, manipulated or seduced to create these strange and unnatural patterns, and who is causing this ? The answer can be found in determining if any new wallets materialized during these events or if the number of wallets remained static. Anyone care to look, to pull back the curtain and see what’s behind it ? Go ahead, fame and fortune may be yours.
(Que the music here: Stairway to Heaven. )
Pleasant dreams
The Sublime Prince, Toronto Canada
GbpJpy - Manipulation Point TradingBias: Short
Market Cycle: 2
Shorts only on this pair, yesterday was around 80% of an ADR move, so I classify the last 2 days as push 1 & 2..
Both the last 2 drops have been 200 pips so I would expect at least another 150-200 for the 3rd and final push..
160.82 is My 1h level to look for shorts. If we get above that I think we may push higher and maybe reverse (short term), ??