Smart Money Concept. How the banks trade your money
Smart Money Concept. How the banks trade your money. Update from the very last AUDCAD Long setup. Enjoy :)
Currently in downtrend. 1st Entry would be at the break of neckline. 2nd Entry looking for retest. 3rd entry if price hits the 78% would take that short. 4th Entry would be at the lowest point, assuming that it will create another equal loq at the 50% of FU candle. For more info, feedback, discussions, please feel free to dm me @kevinjzurc on Instagram. May...
My entry zone the 71% of Fibonacci Retracement & also last up candle that took all the liquidity of the resistance zone.
Looks to me as if the institutions are taking price to the upside, In lue of the Long story, What seems to have played out is the sell off right before the up move. Giving us the buy entry Between the 1.29 and 1.30 levels. Since there has been tell tale signs of institutional sponsorship, we are looking for more upside potential to USDCAD
I SEE GU - LONG (SWING) TESTING - DEMOING - LEARNING OPEN TO SUGGESTIONS!?
It's pretty straight forward here, with a 3rd rejection imminent of a key level and psychological level (1), we can use this to our advantage by placing a sell-limit at the rejected daily price of 1 with tight stops. Using this technique may result in being stop hunted (as you see the second test spiked a 4th time), however the 3rd drive into the key level...
GJ LONG - SWING TRADE -123 MOVE -TREND -50% PULL BACK ZONE -BREAK AND RETEST DEMOING TEST
Trend obviously bullish. Looking for this to potentially complete the wave. Entry is at 50% of the institutional candle on the H1 timeframe/bottom of imbalance on m30/m15. Also at 61.8% on the fibonacci. About a 5:1 risk to reward ratio. Expecting a possible correction near the 0.70440 level, followed by another potentially massive bull run.
Is it true that the Forex Market is manipulated and controlled by a handful of banks and market makers? If so, how can we identify when they manipulate the forex markets and is it something that requires access to sophisticated tools and secret contacts? Well, let’s begin by getting a few facts straight. Firstly it is true that the forex markets are manipulated...
Potential reaction off of an institutional play with the yellow zone highlighted, we may see this move happen for multiple reasons such as also being in my kill zone area which is between 62%-88%. This trade may happen before market closes however most likely next week let keep close eyes on it and if you see an opening take it. This is a nice 3:1 ratio trade...
I believe EurAud will drop simply because it’s formed a lower low and a lower high on the daily timeframe, hence a bearish structure. The reasoning behind my entry, is because there was a liquidity capture with that institutional candle (highlighted yellow candle), clearing equal highs (highlighted red ish). The specific entries are at the body and 50% of that...