In this live trading session video,we look at closed positions on gold and Brent and open positions on currencies and potential trades coming on Bitcoin,US30, etc and the thinking behind them.
GBPUSD is compressing and making a double insider bar. After a compression,we usually get a big outburst move. We have placed our entry on the confirmation bar according to our smart money framework and the target for the 50% OE distance as indicated on the chart.
Trader Order Details:
GBPUSD(Short)
E - 1.2146
SL - 1.2332
T - 1.2040
We will be tracking this...
We have now successfully hit target on Bitcoin. The chart image shows the sequence of events from 1-4 as per the trade order. As per our previous post, here are the trade order details.
Trade order details:
BTCUSD(Long)
E - 26086
SL - 24919
T - 29045
Target hit on 16th Oct 2023
2959point profits @£1000 risk
= £2535
Great job on those who followed us on this...
In this live trading session video,we look at our open and closed positions and the potential trades setting up for the week on GBPUSD,S&P 500,Brent Oil,Bitcoin and many more.
To understand our ideas and videos better,we highly recommend watching our following stream videos:
1.Trader Starter Pack 5 day video course
Look on our channel profile or at our signature...
We are looking at Brent oil for a potential short trade only if the following occurs:
1.Wait for Daily bottom to confirm
2.Then for top to confirm before taking shorts till Weekly Confirmation Bar
low is taken out at 83.46
**We will only be considering this short trade for a very small period as Weekly is in Uptrend**
We will be tracking this move and updating...
Bitcoin is still holding its potential weekly bottom level of 24920. Price structural level of 24756 on the weekly timeframe is still holding and has not been broken yet to give a trend change. Next level for BTCUSD to break through for further strength to the upside is the last potential top at 28592 as in image above. As of now,Bitcoin is retracing quite abit....
As per our previous post, the US30 had a 10% probability of going lower and it has turned around this week to confirm its bottom according to our smart money indicator. The weekly is on a Uptrend P2. The 2nd daily bottom is it's 2nd attempt to make a weekly bottom towards a weekly P1.We have taken this trade on a long position upon entry on the 4H timeframe...
In this live trading session video,we look at our open and closed positions and the potential trades setting up for the week on GBPUSD,S&P 500,Brent Oil,Bitcoin and many more.
To understand our ideas and videos better,we highly recommend watching our following stream videos:
1.Trader Starter Pack 5 day video course
Look on our channel profile or at our signature...
We had entered EURUSD on the daily confirmation bar on a short trade. This is based on a daily P1 trend continuation move, and along with a weekly continuation trade move according to our smart money framework indicator. As per pour previous posts, after the Fed News, our stop did not get hit and the trade went further in our favour to hit our target 9 days later...
In this live trading session video,we look at our live running position on gold and the closed trade on EURUSD. Both these trades were take live on the RTCT webinar and still running. They are based on the Smart money framework,cycle methodolgy and volume principles.
To understand our ideas and videos better,we highly recommend watching our following stream...
In this live trading session video,we look at our open and closed positions and the potential trades setting up for the week on GBPUSD,S&P 500,Brent Oil,Bitcoin and many more.
To understand our ideas and videos better,we highly recommend watching our following stream videos:
1.Trader Starter Pack 5 day video course
Look on our channel profile or at our signature...
We have entered EURUSD on the daily confirmation bar on a short trade. This is based on a daily P1 trend continuation move, and along with a weekly continuation trade move according to our smart money framework indicator. As per pour previous post, after the Fed News, according to our OE tables, the more than 50% likely chance of the weekly potential low got...
We had previously entered USDJPY on the daily confirmation bar on a long trade. This is based on a daily P1 trend continuation move, and along with a weekly continuation trade move according to our smart money framework indicator. Ahead of the Fed news, we had trailed our stop to low of IB-1 at 147.32 shown as TSL 1 on the chart image. The Fed news bar did not...
US30 has now recently made a lower high and is now in an extended market compression. For us to consider trailing our stop, it has to take out the first swing high at 35012 and then at 35098 as shown on chart image. Once it does take out both those levels, it has a higher probability to confirm the weekly bottom.Let's see how the trade plans out according to our...
Bitcoin is still on the upmove and holding its potential weekly bottom level of 24920. Price structural level of 24756 on the weekly timeframe is still holding and has not been broken yet to give a trend change. Next level for BTCUSD to break through for further strength to the upside is the last swing high level at 28142 as in image above. We have entered this...
We have entered EURUSD on the daily confirmation bar on a short trade. This is based on a daily P1 trend continuation move, and along with a weekly continuation trade move according to our smart money framework indicator. You can see on the image below on which part of the cycle we are in on the weekly timeframe and how that matches up with the daily timeframe....
We have entered Gold on the daily confirmation bar on a short trade. This is based on a daily P1 trend continuation move, and along with a weekly continuation trade move according to our smart money framework indicator. You can see on the image below on which part of the cycle we are in on the weekly timeframe and how that matches up with the daily. According to...
We have entered this trade on 4h confirmation bar and it went onto confirm the bottom on the daily timframe. However, the weekly bottom is yet to confirm. For it to go further higher and have a higher probability to confirm the weekly bottom, it has got to make a second higher bottom and take out the last swing high as shown in the image. Let's see how the trade...
