We all know that markets are highly manipulated and the traders have to look for a signs of manipulation. There are a lot of types of manipulation - imbalance, candle without wick, liquidity grab and so on. On the chart I marked few areas, where price was manipulated and reversed. The strategy shows you how to recognise the manipulation patterns. It is based on...
US30 is in a range, since few weeks. It is very unclear structure right now, but we know how the asset moves. Since us30 moved down with a low liquidity move, I am targeting the internal liquidity for next week. Of course more accurate analysis may be given, when the market open and we can see the actual daily and weekly pivot points. From the charts below, you...
Right now EU is very bearish. My idea is for a continuation down. But we have to be cautious how deep, because DXY also looks bearish. Macroeconomics The idea of hiking the US rates more than expected, currently push the dollar high. But how long will last this effect, may be CPI will change the course. US Yields Currently the US Yields bring...
On Gold I am more bearish than bullish and let's see why. In my opinion Gold will continue down in a bearish channel and we have two reversal points. I marked them on the chart. There is still a possibility of a bigger push to fill the imbalance, but in my opinion price is not ready for a such big bullish move. Macroeconomics Last week FED announced that they...
Following the price action pattern from the previous 3 days and few other confirmations that we will observe, I suggest that today will be bullish day. 1) Last few days we had strong bullish move during Asia and London and NY reversed. 2) Market is moving in a bullish channel, so the current market structure is bullish. 3) Days are with big wicks, but still they...
Last week I targeted 1760 level and the bias was right. Price moved even more and faster, without retracements. This week my bias is bullish again and I will share my confirmations with you. I am expecting from Gold to go a little bit higher, reaching daily manipulation zone and the monthly pivot point. After that a retracement is expected. Price moved...
Last forecast you can see here: GU moves in bullish channel. I am expecting to continue higher, after a retracement. The dollar is going down and this is another confirmation for bullish momentum. SMT Divergence The bullish direction is for now confirmed, because there is no SMT Divergence Interest Rates England is not much behind US, but the...
Last week the forecast was for a bullish move. This week the forecast is bullish again. Price already broke the structure and turned into bullish one. I am expecting a continuation up. The weakening dollar will continue to push the price up. SMT Divergence There is no divergence. Direction is confirmed for now Interes Rates There is still...
on the link below you can see my bias for today. (if you click on it, you can see the full analysis) Today I had bearish bias and price totally broke my theory. CPI showed that inflation is going down -slowly but down. Yields melted and the combination with the buying banks, price broke all resistances. Price reached the sell POI from the weekly...
Same reasons and analysis as EURUSD. Price will go up next week. Interest rates Difference in IR are too big and will not let change of major trend SMC Divergence It seems that GU is forming a big pull back.
EU is forming bullish channel. This retracement need to create at least one more bullish leg, before continue to drop. Interest rates There is a big difference in Interest rates between US and Eur. Union. This difference will not allow change of the major order flow. This leads me that the recent bullish moves are only big retracement. SMT Divergence...
It will be quite long report, because a lot changed since Friday. Thats why lets start step by step. Recently I got some questions about my style of trading and strategy. Let me explain, before continue with the analysis. First of all I look the macroeconomic environment to create my main bias. Everyday I look the important economical news to get my daily/weekly...
On the chart below you can see the forecast for today: (if you click on it, you will see the whole analysis) NFP was better than expected, which means that people are not worried about the wages and vacancies. They will spend more money - in result the inflation will grow. This is against the FED and their fight with inflation. Two days ago J.P. said that...
Yesterday on FOMC meeting I had bearish bias. IR were announced (0,75bps) and price spiked up to clear all liquidity above. I did not expected this big push, but eventually was profitable day. I took 3 setups before FOMC meeting - the first one hit my SL. Setup 1 After big push price formed 1min high confluence setup and I entered. Gold started to consolidate...
For now I am targeting the major most recent liquidity - DB and then DT.
Last week Gold formed high confluence reversal setup. It bounced from the middle of the channel, was making false breakout with divergence. Gold is consolidation and right now is at the bottom of the range. The target for this week is the liquidity (orange line) above previous high. Last CPI shows that despite the rate hikes inflation is not going down. On last...
Today I forecasted 3 possible movement for the day. The channel was the right one First setup Price broke the channel to the down side, retested it and went down, but eventually took me out. Second entry Price formed high confluence buy setup and I entered on retracement of the order block. Then broke the triangle, retested it and reached the the...
Last week NFP was very profitable, a quick recap you can see from the chart below: and lets see if we can catch some pips this week Main bias Long term bias: bearish. Mid term : neutral Short term: bearish The analysis below give me mix confirmations for this week. I prefer to wait until the market open and see what will be the reaction of Asia. They had...