Great-Things Traders!
Breaking down my EUR/USD trade from earlier for educational purposes. Pay close attention, as there are key lessons here for refining your execution and market understanding.
Market Structure & Initial Bias
Looking at the higher timeframe structure, we identified a strong bearish impulse leading into a deep discount zone. The initial manipulation phase set up liquidity grabs during the New York session, leading to a sharp reversal. This was a clear indication that smart money was active.
Key Zones & Liquidity Grabs
Manipulation Phase: We observed aggressive sell-side liquidity being taken out during the New York PM session, setting up for a potential reversal.
Accumulation Phase: Price began consolidating post-manipulation, forming an accumulation phase. This was a clear sign of institutional interest before the next expansion.
Asia Liquidity Grab: Price swept Asian session highs, confirming the accumulation and creating a high-probability trade setup for a long entry.
Entry & Execution
Entry Confirmation: After liquidity was taken, price formed a solid bullish structure shift (market structure shift - MST). Confirmation came with a strong bullish engulfing candle, signaling intent to push higher.
Entry Zone: Entered at the Fibonacci 0.62-0.79 retracement zone from the manipulation low.
Stop Loss: Placed below the manipulation wick, ensuring protection against potential liquidity hunts.
Target Zones:
First Target: Mitigation of 50% of the prior imbalance.
Final Target: 1.0460 Distribution Zone, aligning with major liquidity pools and previous supply zones.
Market Psychology & Smart Money Concepts
Mitigation & Repricing: As price retraced, it mitigated unfilled institutional orders from the prior bearish move, leading to the explosive bullish push.
New Week Opening Gap (NWOG): Price respected the 50% of the New Week Opening Gap (NWOG), using it as a launchpad for higher pricing. Also swept Asia Low.
Distribution Zone: The final target aligns with a previous supply area, where smart money could look to offload positions.
Lessons to Take Away
✅ Always wait for liquidity grabs before entering trades.
✅ Use smart money concepts to identify high-probability setups.
✅ Market structure shifts (MST) + order flow are key confirmations.
✅ Fibonacci retracements & mitigation zones offer sniper entries.
✅ Patience pays off – let the market show its hand before taking action.
This trade followed a textbook manipulation-accumulation-expansion-distribution model, aligning with institutional order flow. Hope this breakdown helps refine your execution and enhances your understanding of how smart money operates!
Stay disciplined, stay patient, and execute with precision.
Lord MEDZ
Breaking down my EUR/USD trade from earlier for educational purposes. Pay close attention, as there are key lessons here for refining your execution and market understanding.
Market Structure & Initial Bias
Looking at the higher timeframe structure, we identified a strong bearish impulse leading into a deep discount zone. The initial manipulation phase set up liquidity grabs during the New York session, leading to a sharp reversal. This was a clear indication that smart money was active.
Key Zones & Liquidity Grabs
Manipulation Phase: We observed aggressive sell-side liquidity being taken out during the New York PM session, setting up for a potential reversal.
Accumulation Phase: Price began consolidating post-manipulation, forming an accumulation phase. This was a clear sign of institutional interest before the next expansion.
Asia Liquidity Grab: Price swept Asian session highs, confirming the accumulation and creating a high-probability trade setup for a long entry.
Entry & Execution
Entry Confirmation: After liquidity was taken, price formed a solid bullish structure shift (market structure shift - MST). Confirmation came with a strong bullish engulfing candle, signaling intent to push higher.
Entry Zone: Entered at the Fibonacci 0.62-0.79 retracement zone from the manipulation low.
Stop Loss: Placed below the manipulation wick, ensuring protection against potential liquidity hunts.
Target Zones:
First Target: Mitigation of 50% of the prior imbalance.
Final Target: 1.0460 Distribution Zone, aligning with major liquidity pools and previous supply zones.
Market Psychology & Smart Money Concepts
Mitigation & Repricing: As price retraced, it mitigated unfilled institutional orders from the prior bearish move, leading to the explosive bullish push.
New Week Opening Gap (NWOG): Price respected the 50% of the New Week Opening Gap (NWOG), using it as a launchpad for higher pricing. Also swept Asia Low.
Distribution Zone: The final target aligns with a previous supply area, where smart money could look to offload positions.
Lessons to Take Away
✅ Always wait for liquidity grabs before entering trades.
✅ Use smart money concepts to identify high-probability setups.
✅ Market structure shifts (MST) + order flow are key confirmations.
✅ Fibonacci retracements & mitigation zones offer sniper entries.
✅ Patience pays off – let the market show its hand before taking action.
This trade followed a textbook manipulation-accumulation-expansion-distribution model, aligning with institutional order flow. Hope this breakdown helps refine your execution and enhances your understanding of how smart money operates!
Stay disciplined, stay patient, and execute with precision.
Lord MEDZ
Note
Should be "Look how price came back to mitigate the 50% of the NWOGNote
Note
Lord MEDZ
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Lord MEDZ
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.