GBPUSD is moving back up toward fair market value on the 4h chart. I will be waiting for price to reach the yellow line before waiting to see if there are signs that the price is beginning to trend down. On seeing this I will short the pair for a high risk to reward ratio trade. I will post updates on this trade as it progresses throughout the day.
Hello,
Whilst waiting for the perfect entry of the original idea, I am going to open a short position above the $1950 mark. This is a short time trade, probably looking between the 1-2 day mark.
GBPUSD has been in a downward trend on the weekly chart since October 2007. It looks like we are in an accumulation schematic starting in October 2106. Price pushed above the weekly downward trend line before starting it's new move to the downside. I have shorted and will be waiting for a spring action of price moving below the lows of March 2020 and then starting...
Hi,
This is a trade I have posted about a couple of times recently. I am still bearish on GBPJPY and looking at the 4h chart I am even more confident.
What am I seeing?
- Full Wyckoff distribution range starting May 21
- Increasing volume on downward moves and descreasing on upward in UTAD starting March 22
What am I doing?
- Waiting for price to fully retest...
Hello,
This gold trade is one I am most excited about right now due to the potential returns. Gold has been building an accumulation schematic since November 2021 and looks ready to break out now. Price pushed down into the liquidity on 29th March and is now making a big push to the top of the range. I am waiting to see if price doesn't break the $1965 mark and...
Hello,
This is going to be a trading plan with 4+ trading entries! Using Wyckoff we are going to trade GPBJPY through the swings ultimately catching a big move down from 163 -> 120 before then going long @ 120 aiming for the 250+ mark. This is going to be an extremely long term trading plan probably lasting 1-2 years+, you have been warned!
Trade #1 will become...
Hi,
Great short opportunity on GBPJPY. 30:1 initial trade with potential for an even larger move to the downside as the trade progresses. Target price reaches back to 2020 so be prepared for a long trade here.
This is a trade that I have been watching for a while. We have a near perfect Wyckoff distribution pattern playing out. Partner that with all of the negative press around the USA recently and this trade is the one that I am most confident in. I expect a move down between $50 - $60. I will update as the trade becomes active and my thoughts as it plays out.
Natural gas has been building a re-accumulation pattern since the start of December. This is following its big move down from the $6 price back in October 2021. The re-accumulation UTAD occurred on 12th / 13th Jan at the top of the range created by our initial downwards push back in October. Price has just hit the top of this range again giving us a good...
GBPUSD is not breaking above 1.35895. I have taken a short position aiming for ~10% return and looking for price to break below 1.35441. After that, I will be expecting price to retest the 1.35895 area. If price fails again to break 1.35895 then I will expect a bigger move lower testing 1.34099. It is on this test that I will be looking to go long with 1.42419...
This is a continuation of my last idea in which I showed the short position that I had taken up on GBPUSD. Whilst I am still short on this pair for the time being, that will change when price reaches the 1.40988 value. Once we get to the bottom of the trading range, around 1.40988 I will be watching for a sign of weakness below our range. Once we have had that...
GBPUSD seems to be forming a perfect wyckoff schematic on the 10m timeframe. I will be watching for a spring below the trading range at 1.40992 and on the test of that spring I will be looking to enter. The spring has the potential to go down to 1.40780 to take out any buyers in the market before moving higher.
Hello, this is a trade that has potential to allow us to play the swings up and down for a near 10:1 risk to reward each time. We have an accumulation schematic at the bottom of the range and a distribution one at the top indicating a trading range on a higher time frame. I will be selling at the top and buying at the bottom and waiting for the larger timeframe...
BTCUSDT has almost finished forming a distribution wyckoff schematic. It's struggling to make new highs above 42400 so I will short in anticipation of re-testing lows from yesterday of ~30k
This is a trade that I've been talking about a bit recently. USDJPY has been in an upward climb for days and today has seen it's first significant drop in a while. Could finally be on course for a correction.
As you can see on the 5m chart it looks like a accumulation schematic may be playing out on this currency pair. We got what looks like a second test of the lower bounds around 9:30am this morning. I will be keeping an eye on this pair over the next day or two to see if our pattern keeps playing out.
