Price broke below the KL but the next 30 minute candle closed back above, indicating a small liquidity grab for price to move back up. CPI was to follow and as the next hourly candle broke the previous high, buys were entered with us anticipating CPI to drive price back up to the next KL. Secured some profits there, and left a runner to target the KL at 1.26900.
Check out this 7.32RR trade I took today on GBPUSD. OANDA:GBPUSD Trade Process: Daily is bullish with FVG serving as draw on liquidity. 1HR: Took out Sellside liquidity left with BuySide liquidity to take out. 15M: London Session open took out 15M sellside liquidity with high probability of taking out Buyside liquidity. Entry: I used my fib to locate...
Today i want to text some words about the main players in the Forex. Who is the main traders? Look.... We could categorize the major players in the market in some groups, but the main that is: 1. Commercial and invesment banks. It is very important part of all market and all players have to work with the investment banks to work on Forex, so Investment banks...
GBP-USD - Weekly Time Frame
TradingView wouldn't let me be great. The title is supposed to say, "How I Idnetify Key Trading Levels | Multi-Time Frame Semi Analysis". :) Now that we've gotten that out of the way...I put together a quick video showing how I mark up my charts on each Friday, Saturday, or Sunday. I start from the top down and identify the obvious high and low point...
Welcome back to my video series. In this video i have covered trendlines, it's important that you understand the basics first before you move onto any advanced.Don't be in rush, trading is a skill that requires patience and practice. I have linked the video to support and resistance and trading timreframes. If you have any questions or comments, leave them down below.
The reason so many people are attracted to trading is because of how it is portrayed on social media. I’m not here to Bullsh#t you, I am only here to deliver pure facts and that is how YOU WILL LEARN. Firstly, the most us were attracted to trading because of how simple it seemed to actually make money, until we started trading and realised that it wasn’t that...
Possible upside in the works, intraday only. Trade at your own risk...
Purple arrows = resistance Orange arrows = support support/resistance level 1.28889 4H CHART - We can see resistance has been used and respected many times and price is currently at resistance level, So most traders would SELL rite? 1D CHART - Price is also at resistance level after respecting it on numerous times, so another SELL rite? 1W CHART - Price is...
I Just wondering can We depend on closing the price above the arc to buy ? My opinion is yes if we consider is a confrimation tool , Means I want another tool with him to confirm this trade.