Lukegforex

Lukegforex

EUR/USD 1H - As you can see price has taken the next leg lower as of around 6am this morning, unfortunately I was not at the charts at this time of the morning so missed the entry for this trade. A regular occurrence as of recent but nothing can be done as I am not one to set pending orders unless I already have entry confirmation, with this we hadn't had it. I...

Lukegforex

NASDAQ 30M - I am wanting to see this market trade us lower for the rest of the week, this could be disrupted by upcoming fundamentals though so we need to be careful. As you can see price has been respecting areas of Supply and has continued to trade us in a bearish way, breaking lows and protecting highs. We have seen that price has as of recent traded us up...

Lukegforex

EUR/USD 4H & 1H - This market as you can see has put in a double top pattern on the four hour timeframes after penetrating a large area of Supply. This is the distribution price has put in prep for the down move, which I feel price is about to take. We just want to look to get involved on the correction thats in play. Once price trades us into one of two areas...

Lukegforex

AUD/USD 1H - This is just a carry on from the analysis I have just posted just to give those zones an areas I see price trading up and into, giving us a place to re-enter. I would love to see price trade us back, tapping us into one of two zones, delivering us with enough Supply to instigate the next impulse to the downside. We will get confirmation of the next...

Lukegforex

BTC/USD 1W - How we getting on guys, I thought it would benefit those of you who dabble in cryptos. I wanted to share my thoughts with this market and how I see price playing out over the course of the next year. As you can see I have marked out three areas of Demand, I believe price will absorb the first one and we will see price react from one of the bottom two...

Lukegforex

NASDAQ 15M - Could this be prep for the next bear run, as you can see price has been very bullish as of recent, creating some crazy highs in the market. What we have seen as of recent is price really slow. This almost looks like a distribution to me, this could be price preparing for the next down move, correcting itself lower before the next hike up. We can look...

Lukegforex

AUD/USD 30M - As you can see price has played out really well from the zone given in Sunday’s analysis and we have seen a new low made based on that zone. This zone gave us the ability to add to our position on further shorts, meaning we could take more profits from this short swing. I believe we will take profit by the end of the week. This trade is currently...

Lukegforex

GBP/AUD 30M - Again this is another market that has played out really well for us, this was the trade we took on Friday and as you can see we have had great bearishness being put into this market with very little resistance. I want to see a continuation in this strength to the downside right the way threw to our take profit target, I believe this is more than...

Lukegforex

AUD/USD 1H - As you can see this market is playing out well for us and are currently sitting in a good amount of profits. I want to see a continuation in this bearish structure and I want to see this market continue to trade us lower. I have gone ahead and marked out two potential areas of interest that we may see price trade up and into before delivering us with...

Lukegforex

GBP/AUD 1H - I would love to see price now come up to correct itself before taking this market lower. You can see here price has traded into an area of interest left over after breaking structure. This is what we wanted, we wanted to see price come back up to correct itself trade into a more fractal area of Supply and show signs of rejection we have had exactly...

Lukegforex

NASDAQ 4H - This market has been reacting to areas provided perfectly, I will be sure to link this with previous analysis that I have provided to show you all the short we could have placed. I have marked it out with a yellow path and you will see that price has also reacted well to the FVG that was marked out as well, filling this area before taking us higher in...

Lukegforex

EUR/USD 1H - Again with this market we are looking at a very similar setup, I would like to see price trade us up and into the Supply Zone I have marked out above for us, this giving us a refined area to look to go short from. As always we would need the confirmation that the S&D balance has flipped and that price is going to put in a bearish leg from this area...

Lukegforex

GBP/USD 1H - As you can see I have gone ahead and marked out an area of interest for us on the 1H timeframes, I believe price will trade into this area and deliver us with a bearish leg taking us lower. Before I look to enter I will want to have all pieces of confirmation met, this will come from a BOS to the downside followed by a correction and a second more...

Lukegforex

GBP/USD 1H - This pair here is playing out exactly as we had predicted the start of last week, completing this correction trading us higher in this market, I am wanting to see this come to an end once we have price trade into the level of interest above. Once price trades us up and into the level of Supply above I am expecting a complete distribution to take...

Lukegforex

USD/CAD 30M - You can see that we have already had a 30M break of structure to the downside, giving us a level of confirmation that price is no longer respecting the laws of bullishness. This helps confirm that enough Supply has been introduced and enough Demand has been offloaded to give us this structural break and the potential for a new down move, In order...

Lukegforex

USD/CAD 1H - As you can see this market played out very well last week giving plenty of short opportunities, due to the lack in my availability there we some opportunities that were missed. Nevertheless I have marked out two potential areas that I want to see price trade up and into before we see a continuation in bearish structure, I feel price needs to come and...

Lukegforex

USD/CAD 15M - I am just going to leave this here… as you can see price has traded into another OB, are we going to see the next bear run from here? I have still got my pending order open above waiting for that to be activated, however I am thinking price maybe very heavily edged to the side of Supply and we may not see price trade into that. My reasoning behind...

Lukegforex

NASDAQ 30M Update - Update on this pair for you all, I got taken out earlier at entry on my position, implementing those safety measures. Good job we did as we would have gotten swept out of the trade by a few pips, typical as of recently. The good news is, the direction we are looking to trade this market is playing out perfectly. I want to see price trade us...