MuddassarH

MuddassarH

Smart money took out the equal lows and captured a tonne of liquidity from retail traders on 26/5 which led to a strong bearish move down, the target ? was to mitigate orders thatchy were in drawdown in from old contracts, after mitigating and filling in the imbalance of price action created on 9/3/2020, Smart money then commenced instigated reversal (as...

MuddassarH

USDJPY does not seem to be correlating with the DXY unlike EURUSD. Smart-money clearly has an agenda here and it is highly probable that they are heading to the area highlighted (in blue) where we can see some imbalance in price action in the daily candle (26th March). So this area is where I will be focusing on and looking at (thats why I put the eye icon there)...

MuddassarH

No doubt you will agree with me that EUR USD is looking extremely Bullish at the moment, but how long will it last? My expectation is that price will hit the 1.13-1.135 area highlighted, then look to turn around from there. Smartmoney took out and grabbed the liquidity ($) from the late March highs as expected after taking the highs out from April and May. I...

MuddassarH

As the Dollar is looking bearish it will most likely continue to however, I expect it reach the ranges of 96.5 - 97.5 , this is going to be a area of interest and will then expect a potential accumulation / reversal heading back up to take the liquidity (marked $). Watch this space. Upon reversal confirmation I will be looking for Long opportunities for USD XXX...

MuddassarH Updated 

Note this is a long term projection based on daily price action. As expected liquidity was taken from the equal highs of February, March and April, the next step is for Smart money to push price higher to mitigate the weekly candle which is overlapped by the institutional candle of 13/1/2020, also meeting an institutional price level of 122.00. After...

MuddassarH

EUR with recent strong moves from EUR showing strength I expect price to bounce back from the most this bearish move seen today (1/6/2020). Price is expected to go up to the open of close of the most recent bullish daily candle to balance out the imbalance of price action, then head to the downside following the overall bearish trend. entry, take profit and SL...

MuddassarH

We are buying here as we are currently in the early phase in the daily expansion, EURO is looking extremely Bullish and we are looking to take advantage of this trend. This is a lower time frame entry , risk manage as always guys.

MuddassarH

I don't normally publish my trade ideas, so lets see how this one turns out. Overall the Dollar has been showing a bearish trend (when looking at the Dollar index) and XXX USD pairs being bullish and USD XXX pairs being bearish. After a strong bullish move on this pair at the end of last week, I expect a correction and return of the weakness shown by price by...