Imagine understanding how to execute with precision?
Imagine understanding the Why behind the markets....
Liquidity, Footprints, Level ll which is all considered within the framework of 'smart money concepts'
December is traditionally known for the lack of liquidity and reduced volume in turn which causes increased volatility. Traditionally many including...
eurjpy broke structure and fell down. waiting on retracement and retest of the bearish engulfing due to a quick imbalance of price that was created.
potential 5.88 RR
Price is pulling back to a 15 minute order block (refined to 5 minute). I am looking for price to retrace and go long to fill previous imbalance marked as the outlined box. I then used fib golden zone to add extra confluence.
This is my first time trading XAU/USD so we'll see how it goes!
Price is pulling back to a 15 minute order block (also refined to 5 minute). I am then looking for price to retrace and fill in imbalance marked up as the outlined square. I also used fib (golden zone) for extra confluence.
I am not usually a gold trader this is my firdt ever gold markup so we'll see how it goes!
Hello People, AUDNZD This a scalp imbalance trade.
Okay guys, as you know market does not move straight up in the sky. It needs to be equal so (some/most) people are out of the market.
- Very big Bullish candle
- Big Banks move
- Price will come to the take profit as some point. I know! From there it will either move up or down.
- We need to wait for price to...
Low risk high reward trades with the understanding of smart money. patience and discipline will take you far in this crazy game of forex.
As always... PATIENCE - CONFIRMATION - ENTRY - PROFIT
We've caught the sell back down to fill the imbalance, now gearing up for another 600 pip bullish rally.
I will hold my sells as I wanted GBP pairs to drop lower before the rally but the elections had different ideas about that so we will see how this now plays out to potentiall end 2019 with a strong GBP.
AUD/USD is at a monthly demand zone, there are numerous traps enticing retail traders to short. E.g. bouncing off the weekly trend line, and a so called area of resistance on the daily.
COT data also shows banks are becoming slightly bullish and reducing short positions.
A-la-la-la-le-LONG,
ah-long-long-le-long-long-LONG!
Don't short basically.
Ps. Trade...
Imbalances to be filled and as we do, we play institutional candle to institutional candle. This should be nice drop for the next 2 weeks if it does play out
New trading week, same goals, better results!
As always... PATIENCE - CONFIRMATION - ENTRY - PROFIT
