Relative equal highs around the 4.329% level is prone for smart money to liquidate those who placed their stops above recent highs. Stagnent throughout the week but the overall sentiment for yields over the short-term is bearish as a LH was formed, piling shorts to place their stops above recent short term highs as well as yields being bearish 2 weeks in a row,...
7 straight days we have been bullish for. I will always be macro bullish on gold as long as money is being printed. Gold is hard money Gold is Gods money My philosophy is simple... Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go. This includes; - Market Structure - Buyside/Sellside...
H4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Gold continues it's bullish run following the Fed's dovish outlook on interest rates. Price has printed further highs where we continue to trade within a fractal high and internal low. New high has meant location of ChoCH has been brought closer to current price. As mentioned on 22/03/2024, Intraday...
This is how we trade QM, TF 4H It is a great opportunity for those who follow RTM category specially QM section, RR 1:10
EURCHF is trading in a strong bullish trend on a daily. After the pair set a new higher high, it retraced to a solid rising trend line. Analyzing the reaction of the price to that, I spotted a double bottom pattern on a 4H time frame. With the release of CHF/EU fundamentals this morning, the pair successfully violated its neckline. We can expect a bullish...
Hey guys! Its your girl forex potatoe and its another week of trading, happy holidays Today we analyze our technical analysis for this pair and the reasons for my bias. Confluences: Head and shoulder Weekly, and daily bearish divergence downtrend on daily, 4H timeframe All these are strong confluences for why this pair in my opinion is going to drop right...
Bearish throughout the week with the daily order block being met on the 29th, one day before good Friday before retracing to the upside. Due to the sentiment being overall bearish, many retail traders would be inclined to go with the notion that 'trend is your friend' and short the market whilst placing their stop loss above recent highs, causing smart money to...
Rangebound price action throughout the week with hourly buyside and sellside pending to be tested. 1.26546 intraday buyside liquidity is a premium area in price which cable is most likely to run to, especially if dollar is to continue to sell-off into the daily fair value gap @ 104.144. Hourly order block @ 1.26146 has been respected from Thursday throughout....
We kept it short and sweet last week and my short term projections delivered just before reversing to current price now @ 40,140. YM trading back into the median of the weekly range is still considered as a healthy retracement in a overll bull market. It's also in-line with ES short term shorts. My philosophy is simple... Fortify Michael J Huddlestone's...
FOREXCOM:XAUUSD Momentum has shifted to the bears sides on the smaller time frame. With a confirmed double top on the 1 hr time. There is great chance of a reversal at this area if price fails to break above the double top once it is retested. If this level is broken above we can wait on a pullback to enter a buy.
4.1.2024 Initial AM Buy Setup Analysis (Buy Limit Execution) - Morning Analysis based on ICT's 2022 Mentorship.
Weekly: -Weekly highs. -H&S pattern. Daily: -H&S pattern. -IC. -Imbalance. 4H: -H&S pattern. -FVG.
Unlike ES, I will be analysing the daily timeframe as NQ and YM are used to create my intermarket relationships between the indexes to trade ES only. SMT Divergence is a good strategy to use if only analysing ES, YM and NQ alongside DXY. Throughout the week has been slow and choppy with liquidity void being filled but we are still in a premium. A minor...
Market Structure Bullish on HTF Weekly Rejection at AOI Strong Weekly Support Level Daily Rejection at AOI Previous Daily Structure Point Around Psychological Level 0.85500 Daily EMA Retest H4 EMA Retest REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is...
Structure Bearish on HTFs Weekly Rejection at AOI Retest Of the Weekly Head and Shoulder Neckline Strong Bearish Momentum Previous Daily Structure Point Around Psychological Level 0.60500 Daily Rejection at AOI H4 EMA Retest Entry at H4 HL 90% +3 REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be...
Structure is Bullish on HTF Weekly and Daily in the same AOI Weekly EMA Retest Weekly Rejection at AOI Daily Rejection at AOI Around Psychological Level 0.89000 REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash,...
Structure Bearish On HTF Weekly and Daily at same AOI Weekly Rejection At AOI A lot of Seller's Momentum in the Market Daily Rejection At AOI H4 EMA Retest 65% +2 REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash,...
Market Structure Bearish on Higher Time Frames Weekly and Daily At same AOI Strong Seller's Rejection on the Weekly Weekly Rejection at AOI Previous Weekly Structure Point Daily Structure Point Daily Rejection at AOI Around Psychological Level 1.35500 H4 EMA Rejection 100% +2 REMEMBER: Trading is a Game Of Probability : Manage Your Risk ...