NeilasFX

NeilasFX Updated 

Here is an idea based purely on Supply and Demand. 4 hour supply fails to hold and we see a structural break. There is an area of daily supply price may want to reach.

NeilasFX

Whenever we see a sharp move one way (liquidity grab, stop hunt etc), followed by a strong impulsive move the other way I personally get excited about the trading opportunity :) See chart for explanation. If we can get short here we could target daily demand at at 1.26184

NeilasFX

Some beautiful trend line liquidity forming. Below a rather nice area of demand which caused a strong impulse to break internal structure. I'm looking shorts and then hopefully a long to the zone I highlight toward 1.0700

NeilasFX Updated 

Please see some zones I believe price navigate toward. I have buy limits set (half risk, will add to position if lower timeframe flip bullish). Watching both upper zones carefully for sells to 1800 or lower. Note, these zones were drawn based on supply / demand and volume profile.

NeilasFX Updated 

Long now on USDCAD. Target 1.3000 where there is an area of supply, which could be respected.

NeilasFX Updated 

An impulsive move down on 12th May broke structure with a sharp increase in volume. The final 4 hour area of supply hasn't yet been reached. I am going to look to short from here. Already have a small limit order set, will wait for lower timeframe to flip bearish and if it does add to the position.

NeilasFX Updated 

Targeting 2 possible areas of supply highlighted. And good lower time frame response in these zones and sell down. The higher zone had the highest volume traded at that level during that whole impulse downward.

NeilasFX Updated 

Price bounced nicely out of HTF demand. Leaving 15 minute demand behind, shown in chart. If this moves as I hope I'll be trailing the stop toward 1.09000

NeilasFX Updated 

After my failed long yesterday I'm trying again at this new zone. I believe the low created on 8th April should hold. I chose this area based on higher volume and the fact that there was a failed supply zone at this level on 8th April. Target is still 1.0960 (High volume around this level, possible supply to move lower on higher timeframes)

NeilasFX Updated 

Buying EU at this zone Like this area as there was a small liquidity grab before the impulsive move upward, creating a nice area of demand. Targeting high volume supply at 1.09800

NeilasFX Updated 

Move up to grab liquidity, followed by an impulsive move down to break structure. All within bearish higher time frame. I'm taking an aggressive short position here.

NeilasFX Updated 

Hoping for a further pullback on EU Grey boxes highlight increased volume at that level. Ties in with a little area on demand

NeilasFX Updated 

Risky trade, very much against the trend. I see an accumulation pattern and a good structural break to the upside on low timeframes. Target 1 is Blue highlighted section.

NeilasFX Updated 

Description in chart. Notably, this is taking place inside an area of demand on 4 hour chart. Caution, this trade goes against the trend on higher timeframes, so good risk management is essential. Not financial advice, please don't blindly follow signals.

NeilasFX Updated 

I have highlighted 2 possible areas of supply to short EURUSD. In either scenario I will be looking for better confirmation on low timeframes. Not setting any sell limits just yet. Zooming out I'd be targeting somewhere around 1.11785, and trailing the stop. Not financial advice, do not blindly follow signals!

NeilasFX Updated 

We see a possible area of supply, starting around 1.36258. Notably there may be imbalance and a lack of buyers just below this zone (highlighted yellow). Often this imbalance is a source of liquidity. A great way to spot this is to use Volume profile! I do not currently have limits set, I have set an alert and will look to enter this position on 1 - 5 minute...