This is just looking back at an interesting set up that occurred in USDCAD earlier in the month. This is what I call the balance tipping to the sell side.
Hope you find it as interesting as a did. Thanks for stopping in.
I had closed out in profit on this EU trade just prior to Friday's close. I am of the opinion it is best not to put yourself at a psychological disadvantage going into weekend. Let's see if we can sweep those lows and consolidate perhaps.
Just a quick look at the AUDNZD 'possible' short scenario and some COT data. Recap on the current GBPCHF long - so far so good. A good start of the month. Have a great rest of the week.
I'm looking at the Dollar Canadian Pair & I couldn't help but spot this Sell Model. I think in the next month or two we are going to complete this structure & ultimately reach for the 1.2000 level.
Earlier this year in June the Dollar CAD made a significant swing low after purging a Intermediate swing however the purging isn't complete in my opinion. If you...
Huge pattern guys.
I have never seen the bulls with such confidence they we forget where they come from and that one day or another the price will come back to correct here in a very short time I analyze the social networks is it is incredible how bulls are BULLS no limit
warmly the holy correction of the ganges
Market Maker Profile
Sell MODEL
EURJPY was making a run to take out sell side liquidity. In which it did and after showed resistance at the price 122.016. This is another trade idea that I usually try to hunt down. The more resistance or support I see at those prices the more comfortable I will feel when getting into the trade idea.
I would like to see EURGBP drop since it hit off of a bearish Daily Oder block. That gave us a nice reaction to the down side. Now I would like to see the market show a sign of retracement for us to capture some sell entries and have the market continue to the downside just like how I said. It's important to notice how the market will take out that liquidity pool...
