AmplaFX

AmplaFX

Good afternoon ladies & gents, A long opportunity has been identified on USDJPY. Despite UJ being in a bullish orderflow on both the Weekly & Monthly chart, the Daily Bullish structure, this means we should be conservative with this position. A bullish reversal appears to be taking place, the buy structure created is clear. I'm looking for price to swing down...

AmplaFX

Good morning ladies & gentlemen, Hope you're all having a beautiful week. A nice short opportunity has presented itself on EURUSD after trading upwards for several weeks. It's now ready to see some substantial downside. DXY is poised to go higher also. The monthly orderflow for EURUSD is currently bullish. The weekly and daily however shows that we're in a sell...

AmplaFX

Good afternoon ladies & gents, After multiple days of drop. Price has finally reached our objective, the Daily Bullish Orderblock. We are now anticipating a reversal, a clear structure is seen on the lower timeframes that supports a reversal today. DXY is looking bullish and ready to push up from this area. As the weekly & daily institutional orderflow is...

AmplaFX

Good morning everyone, A nice opportunity setting up on AUDUSD. Price is showing a clear AMD model going into the Daily/Weekly Bearish Orderblock after breaking to the top side of the H4 range. On the H1 chart, we see a clear break in the bullish market structure indicating a potential reversal short soon. I've got quite a large SL on this trade idea; however,...

AmplaFX

Good morning ladies & gents, Hope you're all having a good Friday morning. A sell structure has presented itself on EURGBP. After a relentless move to the upside all week from the rejection of the Weekly Bullish Orderblock, we can anticipate a move down to the area indicated below prior to a continuation to the upside. In light of this, the M15 chart shows a...

AmplaFX

Good morning ladies & gents, Cable is positioned to go short this morning in London. After breaking the market structure on the higher timeframes, I'm looking to take a pullback pending order @ the price indicated on the chart. I anticipate that price will clear these three objectives below; however, I'll be scaling out of my position as price reaches and...

AmplaFX

Good morning ladies and gents, Price has retraced back into a Daily Propulsion Block. On the H4 Chart, price has dropped back in an area we label "Source". As per our system at AmplaFX, the H1 and M15 rules are fulfilled so we have found a long position available at current market price. Looking to take it up to refill the H4 imbalance for an RR of 1:5. I...

AmplaFX

Good morning ladies & gents, Following on from our USDCHF short idea, price has now traded back into our D1 Bullish Orderblock. From this area, I'm looking to look for a reversal to the upside. The market has NOT shown signs of breaking down yet on the lowertimeframes, so these boxes don't highlight my entry point. What they highlight is areas where you can...

AmplaFX

Good morning ladies & gentlemen, Following on from my EURUSD long idea, price has traded up into my area of interest where I'm looking for a short. Right now, price has fulfilled the D1 Objective, now I'm looking on the lower timeframes for an indication of market breakdown, from there I'll look for an entry. The boxes on this picture is NOT my entry point NOR...

AmplaFX

Goood afternoon ladies & gents. USDCHF has presented us with another short opportunity. After relentlessly rising, the market structure has finally shown signs of breakdown. I'm looking to short from this area down to the first TP where there's a set of equal lows. Oftentimes, a build up of sell stop pending orders are left there from retailers, this is the...

AmplaFX

Good morning ladies & gents, I'm looking to short USDCAD today. After price traded up to a D1 Bearish Orderblock, we saw a rejection and a market structure breakdown. Today price has come back to retest the H1 Bearish Orderblock after that big drop yesterday to induce sell stops, price has come up to raid the stop losses of any retail sellers. Looking for a...

AmplaFX

Good morning ladies and gentlemen, Gold is ready for a reversal to the upside. Price has broken market structure on the lowertime frames (H1 & M15). I'm looking for price to trade back down into the region below where I'll be looking for a long opportunity with my stop below the market structure. Looking to target these two areas above as intial targets....

AmplaFX

Good morning ladies & gents. USDCHF has also broken market structure, looking for a reversal trade from this area going short. After trading up aggressively into our D1 Bearish Orderblock, I see a reversal from this area down to the H4 Bullish Orderblock and also the BISI area below, once it hits the BISI and the Market Maker's books are rebalanced on the H4/D1...

AmplaFX

Goood morning ladies and gents. EURUSD has broke market structure after an extended run, I'm looking for a reversal based trade here today at the specified entry point on the M5 chart. Looking to target the two Daily Bearish orderblocks sat above. Potential reversal downwards off the first bearish block is possible, that'll yield a RR of 1:5. If it breaks...

AmplaFX

Good morning ladies & gents, This is a re-entry of the previous trade idea that was outlined yesterday. Let's see if it's ready to move down today. Looking for an entry on the retest of the M15 Breaker Orderblock.

AmplaFX

Good afternoon ladies & gents. USDCHF has presented us with a very high risk to reward sell opportunity. I've got a short term target of 0.93360 which yields an RR of 1:5 approximately. I've got a secondary target at 0.93090 which is apprixmately 1:10 My third target is the H4 bullish OB below which is an RR of 1:20. My final TP target is 1:26. Good luck....

AmplaFX

Good morning ladies and gentlemen, Following on from the trade idea I just posted about EURAUD long. I believe that EURUSD could come down to fill the liquidity void that lies below as a result of the FOMC news release. If it fills the liquidity void, I'll be looking to go long on this pair around the H1/M30 bullish Orderblock with my stop below the...

AmplaFX

Goood morning traders, After FOMC yesterday, setups are forming everywhere. We got a huge short on USDJPY and EURJPY as well as a long on USDCAD. As they've already moved, there's no point in me posting a chart analysis on that. However, EURAUD is yet to move. EURAUD has traded down into a H4 Bullish Orderblock. The orderflow is currently bullish. I'm...