Following the trend of sell I am looking to see price come up short term for GJ to then continue dropping I have found using COT data and price action that smart money have began to sell GBP and is starting to buy JPY so we could see some manipulation up stopping out sellers and activating buy stops the then come down longer term to take out the point of interest...
Just as EU I will be looking for an up to then see price drop further using COT data I found that NZD is bullish as well as that EUR is being sold heavily by smart money using that to our advantage and price action I have found a low risk high reward sell that I would like to see play out long term if smart money stays in the same positions Please use proper risk...
Here is my bias for EU I am looking for a pull back to then see a drop I will be be keeping an eye on news as well as the DXY to determine if I will enter in this one due to the influx of news this week nonetheless if this one plays out as predicted I would like to assume that GU the set up I just sent out would play out the Same way. Please use proper risk...
4hr structure is bullish institutional candle/mitigation candle is present fib levels lining up with 70.2-88.6 we have clear targets
Same confirmations on GU are present on GJ as well
Hello Traders! Witaj! We play with Smartmoney concepts, that means that we focus mostly on price action to determine what will happen in future. As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SmartMoney). They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY...
Hello Traders! Witaj! We play with Smartmoney concepts, that means that we focus mostly on price action to determine what will happen in future. As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SmartMoney). They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY...
4hr set up got clapped saw that price was reaching for that last up candle before the down move (in the purple box) that left imbalance marked up the open and the 50% of that candle and market executed at around 54.75-54.70 oil can be very volatile sometimes & this set up happened very quickly but I was quicker #pewpew when you get clapped don't worry just clap...
in a sell from my first orange line looking to get a possible re entry off of the opening of my hourly poi @ 1.10120 ill be watching price action
currently in both positions for a sell lets see how it plays out
looking for a continuation to the upside before potentially selling GU off my my daily point of interest WEEKLY is bearish D, 4hr and 1hr is bullish retail traders def see a bullish flag forming we might not come down to my area but I still have buy limits set
Forgot to publish this one but it is playing out very nicely very little to no drawdown :) SL is at breakeven making this a risk free trade #smartmoneywins
Playing off such a nice institutional candle from the left. Price hit the body but has chilled in that area, so i am looking to enter at the 50% and also clear the accumulation before taking price to the downside. looking at 100 pip take profit where the last low was made