Bearish OBPrice is heading towards a bearish order block on the weekly time frame. A long term shorting opportunity is expected in few weeks time.
Orderblock
GBPJPY BUYI want to see a H&S pattern formed on the higher timeframes before a continuation of a sell. There has been rejection off of the previous buy order block 3 times so this setup is very promising.
EU 25/11 NY hindsightNY gave high probability setup following Bull bias
1 STD + sweep of asian low + M15 OB = model 10 buy + confirmation on ltf BMS/RTO
EU Sell liquidity grab 23R Sell for London killzone tomorrow
Price rejected frome the HTF breaker, which confirms bearish my bias, and left an imbalanced price action where I would like to sell for 20+R
GBPUSD ShortsPotential Short Entry. I will be seeing how price reacts on the lower timeframes during london session!
GBPUSD ShortPrice pulled back to the Weekly Bearish Orderblock. Price gave signature reversal trapping pattern on M15 trapping most retail traders long.
TP targets are where the lowest levels of retail stop losses will be located which is where the Smart Money will bank their profits.
ICT ConceptsMichael Huddleston AKA Inner Circle Trader (ICT) concept
- Fair Value Gap
- Order Block
Similar to Supply & Demand Zone trading where entry confirmation occurs when price enters zone and subsequently turns-out
DXY- Beyond the elections and my mid term view.Fully expecting DXY to drop below the recent lows into the confirmation of who will take the presidency then bounce back up towards 109.00
NZDUSD (4H) Backtest : 46% win rate across 26 trades => 10.2 RBacktest results : prnt.sc
Icons on the chart
Thumbs up : Trade was a win
Thumbs down : Trade was a loss
Circle with a cross : Trade was breakeven
Cross : Did not take the trade due to presence of liquidity (equal highs) behind the stop loss
Variables
Avg winner = 1.6R
Strategy : wait for market structure break, then trade the retest of that zone. Zone is drawn using the first candle which crossed the pivot high/low to trap the traders.
$EURUSD - JUDAS SWING - Low of the week hit. (Idea)I personally called a buy to myself earlier this morning because I'm anticipating prices to get to 1.184-1.185 ish before we start to see a down trend. Here's The trade I personally called. I had a limit set and it hit in London and I woke up in profit so my natural instinct is that we would have a buying bias going into today anticipating that high for the week.
Then I saw another buy opportunity and took that.
And as you can see, that didn't work out
So like any normal trader I waited to see what was actually going on. And I still have my chart marked up with all of the order blocks and I couldn't have been more surprised to see that it hit the same order block from last week. So I bought based on that. It hasn't made a lower low so my analysis stands that it will eventually get to my high that I'm anticipating which is 1.184-1.185 ish. I've done too much analysis on this chart but I just got hit with something I didn't expect today. But that's ok. It just gives me another chance to get back to where it is going to be. So here's my current position to my current aim.
P.S. I don't believe in trend lines. Only discount prices.
$XAUUSD - Short from 1911 to 1904There was a bearish order block I found in the 5 minute chart around 1911-1912 meaning you can short it until the next bullsih block at 1904. Short quick scalp. OANDA:XAUUSD
Here's the order block in a 15 min chart
And Here's why that matters
$EURUSD - False Break Out ComingWhat I believe is depicted in the graph. Convince the retailers to buy during the London session while it runs into a bearish order block, there will be an abrupt turn around and price to head below the equal lows to trigger the retail sell stops. The probably a pull back and take those sell stops out at their stop losses. Then the continuation sell. The continuation sell will most likely happen around 6-8 a.m. CST. I would enter short anywhere between 1.17720 and 1.17900 and aim for 1.17250-1.17200. Hopefully Lower.
GBPJPY Long 15M Entry Refined4H Looking structurally really nice for us. 15 Minute order block has yet to be mitigated.
Overall looking good - Target Liquidity, Relatively big stop loss but looks nice overall.
DXY ANALYSIS FOR UPCOMING WEEK !!After the market showed a sign of respecting the monthly bullish order block I want to see the market take out those equal highs that have highlighted. I previously published a similar trade idea but the market ended up dropping instead of rising like I thought it would. Which is fine this happens often its about how you pick you're self up and now I feel more confident about a DXY that will be on a bull run this week. As the dollar is rising I would like to see lower pricing on GBPUSD and EURUSD so lets see how the week plans out. I will send more trade ideas through out the week, hope everyone has a blessed week.
NASDAQ breaking highs soon
NASDAQ is in a strong uptrend.
A rejection at current bearish orderblock is visible, so a retracement to the last bullish OB and following break of the highs is expected.
EURAUD TRADE IDEA FOR TONIGHT Hello all that are reading this. As of right now I'm bullish on EURAUD long term. I would like to see the market hit off of the bearish OB that is right by the OTE yellow zone that I have highlighted. It is simply the range from high to recently low where I think we have a high chance of catching a nice sell off. Now if the market does not trade up and just drops to the bullish OB then that can also be taken as a trade idea. So there are two things that can happen here. Any trade idea should be taken with risk management. Also there is news at 9:30 est time for AUD this is once of the reasons why I am trading this pair today. Enjoy and let me know what everyone thinks or would want me to look over.
EURJPY BreakoutFX:EURJPY
EURJPY is building a bullish wedge. After hitting the bullish orderblock at the trendline a breakout to the upside is expected.
GBPUSD TRADE IDEA I would like to share another trade idea. If you look at my last trade idea you could read and see that I said I won't post another trade idea until Tuesday London session but I was looking at GBPUSD and I really like this trade set. I don't really trade on Sundays or early Mondays but if the market does run down to this Order block on the one hour I would like to see the bull run continue from there. Also a 4HR FVG. My target will be where we have the buy side liquidity pool and possibly see it raided. The pool starts at 1.32087 once it's there we may see GBPUSD continue through those equal highs and continue trading higher. Happy trading.
EURGBP TRADE IDEA FOR THE WEEKI would like to share my trade idea for EURGBP for the rest of the week. This is just an analysis on what I am currently seeing, since NFP week is coming up we may see consolidated markets and then some explosive movements. For right now I am bearish on EURGBP along with being bearish on the dollar but I don't really trade NFP weeks I like to mostly practice. Like how I did last week for FOMC week just have an outlook of what can happen if I am correct then great if not great I will learn from my mistakes. My annotations should explain the trade idea I didn't really talk about it here because of that. I'll send another trade idea Tuesday before the London session. Till then enjoy this idea and happy trading.
