Consistency and Long-Term Perspective: Forex trading is a marathon, not a sprint. Focus on consistency in your trading approach and aim for sustainable profits over the long term. Avoid getting discouraged by short-term losses and stay committed to your trading goals.
By price structure and volume analysis we can identified selling climax
m30 show double bottom that already break and retest to confirm this entry
also in 4H if we check Elliott wave it possible that now GBPUSD is on 3th wave
M6B had a huge drop today and checks all the boxes on the change of structure, liquidity grab on both the 4hr and 15m charts. On top of that the .618 (Orange) is right at the $1.2641. If this breaks into the grey box below and does not close below $1.2609 then it is a really good solid play. I put the PT at $1.2755 which was yesterday's close, but the .618 on...
Commercials have been actively distributing sterling over the past month and a half, even as large and small speculators persist in taking long positions. However, today witnessed a startling turn of events as the Bank of England caught the market off guard by implementing a substantial 50 basis point rate hike. In the event that the price concludes the day on a...
GBP - 1.24 Next?! CME:6B1! FX:GBPUSD
GBPUSD - 1.24 Next!
We've had a great run, I'd still be buying longer term dips on GBP - However, for now I feel a pull back is due and this is great opportunity for us traders to take opportunities of the bull and bear side!
Overall pattern, wedge - We've broken to down side the first area of interest to me is 1.24/...
This expectation is a framework to look for a potential trading setup; I don't just execute based on these levels, I always wait for confirmations on lower timeframes
This Analysis was done using my complete Strategy which includes:
- Smart Money Concepts
- Multi Timeframe Liquidity and Market Structure
- Supply And Demand
- Auction Theory
- Volume Analysis
-...
GBP - Month & Quarter End...
What a quarter we've had...We do still have plenty of data coming out today. Buckle up!
We just had EUR CPI flash coming out lower than expected but the core is in line but today we have another important data print coming out of US - Core PCE Price Index m/m. Which is a key metric the FED are taking into account.
Now I don't know...
This expectation is a framework to look for a potential trading setup; I don't just execute based on these levels, I always wait for confirmations on lower timeframes
This Analysis was done using my complete Strategy which includes:
- Smart Money Concepts
- Multi Timeframe Liquidity and Market Structure
- Supply And Demand
- Auction Theory
- Volume Analysis
-...
🎯 I m in the short, BOE in a few minutes but I hold thru the news.
🟧Entry basics
Never enter blindly on the level. Always put everything in a higher timeframe context. The level must be violated and the price has to do a pullback and Break of the structure. Then you look for the entry on the order block or FVG above/below 50% pullback. SL is above swing high...
FX:GBPUSD Well this gonna be hard to tell. GBP USD is in clear bullish move since Nov 2022, and now accumulate/distribute. There are so many news which hurt TVC:DXY
I'm expect OANDA:GBPUSD will go up for a few more week. It's has a perfect pullback to the 50% when moving up from Nov 4th, has something like Spring in Wyckoff. Price try to move lower but market...
🎯 I will be looking for entries in the external liquidity levels as highlighted on the charts
🟩 Trading TIme
Setups must occur at these times otherwise I'm not interested.
🔵London Killzone - LOKZ 02:00-05:00 NY time // 08:00-11:00 EU time
🟢New York Killzone - NYKZ - 07:00-10:00 NY time // 14:00 - 17:00 EU time
🟧Entry Scheme
Never enter blindly on the...
🎯 I will be looking for entries in the external liquidity levels as highlighted on the charts
🟩 Trading TIme
Setups must occur at these times otherwise I'm not interested.
🔵London Killzone - LOKZ 02:00-05:00 NY time // 08:00-11:00 EU time
🟢New York Killzone - NYKZ - 07:00-10:00 NY time // 14:00 - 17:00 EU time
🟧Entry Scheme
Never enter blindly on the...
