erikgtFX

erikgtFX

HTF bias with LTF anylsis , looking for price to come for the BSL and use this 30min supply in premium to fuel price to the downside to re balance the inefficient bullish legs

erikgtFX

clean daily supply I will be looking to short from once we have lower TF conformation

erikgtFX

2hr demand , bullish structure , handle 1.92000, m5 flip off the 2hr demand and m5 entry off the 5min demand ,

erikgtFX

short term longs up into our 4hr supply , we have unmitigated 1hr demand with an inducement above the zone

erikgtFX

strong unmitigated 4hr supply I am looking to get potential shorts from 4hr demand in this bullish continuation trade

erikgtFX

clean 2hr demand that we saw cause the push to the downside after respecting our 4hr supply , we have the gap from market open just below that we need to see filled and we also have an inducement that we will use as liquidity , we have handled 500 in the supply and can target the EQL as liquidity

erikgtFX

4hr demand respected and then I dropped down to the m15 timeframe where I have seen price sweep the asia low as liquidity and now violate bearish structure with a m15 ss to the upside , we now can get our entry off the m15 demand targeting asia highs

erikgtFX

this is GIU on the 4hr , this is showing you my POI for shorts and longs , won't go into too much detail but we still have clear liquidity resting above our demand and have now entered a 4hr supply , waiting for lower timeframe development for shorts

erikgtFX

Clean 4hr supply , with liquidity resting below , handle 1.79000, looking to sweep Asia lows , as long as price doesn’t take the Asia lows I will be validating this zone

erikgtFX

After the shift in structure from bearish to bullish , 4hr demand has been respected and we have seen a further bos to the upside leaving this clean 4hr demand zone with handle 1.76000 , we have inefficient price above with imbalance and a unbalanced market where sellers were too strong , we can see possible shorts from the 4hr supply I also have marked out in the...

erikgtFX Updated 

looking for shorts as we have respected the 4hr supply and I am now looking to get into this scale in position to target the asia lows as liquidity

erikgtFX

following the bearish structure on the 4hr , we now see this 4hr supply that caused BOS , with handle 7000 , we can hopefully see a build up of liquidity and approach the zone in a corrective manner , looking to see the structural lows taken out

erikgtFX

after mitigating the 4hr wick supply , we have seen a ss to the downside and have seen bearish structure as we violated the last higher low on the m15 , as we have a inefficient bullish leg we are looking to target the asia low as liquidity

erikgtFX

as price was dropping in London and the beginning of NY leaving imbalance and a lot of upside liquidity to be taken , we was looking for a area for price to reverse , saw key area of 1.23500 and also saw a area on the previous 15min reaction of this area I wanted to see price hold , one I had seen a song rejection of the key area and a candle closer above recent...

erikgtFX

so for this trade we had bearish market structure with new lows and lower highs, we then saw entering NY we had a area of supply where price had previously sold from , we now also saw a key area and physiological level where we was expecting to see price react off 130.000 zone , we had also a 50% retracement from the swing highs the the pull back into our area ....

erikgtFX Updated 

we have seen market structure become bullish with break of structure to the upside , we now have seen price pull back down to test our area we have looked for then a COCH back to the upside after the rejections in our zone for entry , we also have the ema as support and our 50% fib zone risk 1 %

erikgtFX

On GJ we have see price turn bullish after the news on the GBP trying to re gain strength , we saw price create new highs and a break of structure to the upside so we simply waited for a re test on our key area 156.500 as this area has recently been used as support and resistance and is a level banks like to trade around , we also had our 50% level on our fib...

erikgtFX Updated 

after news came out we saw a spike in price to the upside but we knew this was a fake out as price was brought back down into structure and closed below our key area , we then waited for price to pull back into our key area of 154.500, we had ema conformation , our fib zone respected , break of stucture to the downside, bearish engulfing and higher timeframe conformations