The Sniper Trading System is set up for the Sniper to make minimum 30pips Daily in Forex. The system is built on the algorithmic movements (aka TIMES of day) that the market has the highest probability to trend✅ The systems foundation is Market Structure that we frame with two formulas: Wick Formula that gives you the structure areas and 17:1 ADR Strategy...
Today (24/01/2023) we saw E/U retrace ~70% of yesterday's range with a large institutional sponsored move to the upside during the London close. Looking at daily objectives for this pair, they have not yet been met so I expect bullish E/U. We may see swing to the upside during London Open to take Asia highs then a drop retracing ~70% of yesterday's low before...
Price will always consolidate to accumulate buy and sell orders aka MONEY at structure areas in the market before it breaks in the direction of the Bias for the day. Price is BULLISH on the higher daily TF so we are staying true to that analysis. Today there is heavy news so price is very volatile today. Never over leverage. Trust your analysis. Have fun!!! I...
When we are BULLISH and price wants to go higher it will create a TRIANGLE. After the TRIANGLE is Complete at a Macro PP price will consolidate and accumulate buy & sell orders aka MONEY aka LIQUIDITY. Once this accumulation is complete price will then head north and take out the previous high. Once this high is taken out it will reach for more liquidity aka buy...
Dead cat bounce play is on . expecting it to break below
The fiber has created a distribution scheme in Wyckoff theory. In addition we see a MACD divergence as confirmation R.R greater than 1: 3
Hello guys, Fiber will remain under pressure till Mr. Powel relieves it.
This is the Futures Contract of EURUSD. The Futures Contract is simply where price is PREDICTED to trade to in the future. Traders Buy Futures Contracts to hedge their trades. #TradingMadeSimple So buy reading the Futures contract it gives the Sniper an edge to have a very good objective high probability perspective of where the market will probably trade to....
The importance of annotating the previous week is immeasurable. This gives you the proper perspective of where price has been and will likely go the following week. As Snipers in the Markets we rely heavily on past price action because it is indicative of future price action. Often times equal lows will get swept, imbalances aka FVG will get filled and equal...
EURUSD to continue Bullish move after a short retracement. At market open pair may take a retracement and test area of 0.9765 and then go Bullish to test area of 1.0120. Buy around 0.9765 Take Profit: 1.0120 Stop Loss: 0.9720
Looks like EurUsd is close to bottom. EUR should find support close 0.95-0.97.
Narrative : Last week the NEWS generated a HUGE repricing and caused the market to drop that left a huge imbalance that hasn't been cleaned up yet. Imagine paying for a 5 star Hotel and you get to it and it's a mess from the last occupants who were a Rock Group that celebrated a vey successful tour:) Well this week is brand new and the market would want to...
Narrative: News News and More News will cause for a very Unpredictable ride in this 7 Trillion $ space known as FOREX. Nevertheless we ride all waves: the trends as well as CONSOLIDATION. Why? When you trade with the Bias aka Trend; after the dust settles; you'll always be on the RIGHT side of Hi$TORY. The 13th News driven DUMP was nothing short but AMAZING!...
The Narrative for this LONG goes like this: The overall perspective is when you look at the trade from 50k feet vs the regular Daily Perspective. Some days when the market seems NOT to follow the script that's when you step back and look a the BIG Picture. It's clear that EURUSD has tapped Buy Side Liquidity. The Wicks are liquidity runs tapping stops below...
analysis previously sent using the concepts mentioned above