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#newyorksession

@LALPIPS US30 ANALYSISMarket price dropped down to the level of 34760 yesterday and respected that area as a support level. Since then it's been creating higher highs and higher lows on the 5min & 15min timeframe. Today at 9:30 am price broke the resistance level of 35290 shooting up to 35370 in under 10 minutes. giving an indication that it will keep rising until it gets to another strong resistance area of which is 35500-35600. After it reaches that point, I suspect we'll see price correction
ULong
by The8thWonderTrader
OTE entry on GBP/USD - NY Killzone ICT concepts, ICT tradersI have been studying forex on and off for about 7 years now, And nothing has created results like developing an understanding of TIME PRICE LIQUIDITY SENTIMENT ( AKA THE ICT OTE ) My learning and studies remind me of a statement made by a previous teacher in my martial arts training, "fighting, When it happens is going to come down to 1 or 2 moves that you know really well and can execute in the worst circumstances" The brain seeks to understand and simplify things so that we can save our cognitive load, This is essentially the function of the Reticular activation system. Many mentors from all walks of life will teach this concept, And ICT mentions this time and time again in his series on Youtube, Train the brain to see what it needs to see. I feel as humans, we overcomplicate processes, Turn them into rituals that are blown out of proportion and then worship them, This does not lend itself to success in my opinion. For me, Forex is simply - Time, price, Liquidity, Logical sentiment direction. This creates the bias that allows me to pull the trigger without emotion. Disclaimer: yes this is a demo trade, Yes this is a STUDY and share of knowledge for education and collaboration purposes, I have nothing to sell you. simple example of the ICT OTE working within, And just outside of the NY kill zone, I had already taken a position of the market as seen in the MT4 DEMO account. the "live trade" was a re entry at a new valid level after I had "made my money" with a smaller position. YouTube - ICT www.youtube.com
Short
by hunterprotocolFX
How to Identify Market Structure and Increase Your ProfitabilityHave you ever wondered, when is the best time to trade? It all depends on what market structure is present at the current moment. There are 3 different types of market structure: 1. Ranging 2. Trending 3. Indecisive During a ranging market, prices can turn rapidly so taking profits quickly is crucial. Not optimal market conditions but can be traded if you don't get greedy. During a trending market, prices can keep continuing in one direction and not look back. It's better to be more lenient on rolling your stops. Expect the trend to continue and trade accordingly. Once the trend ends, sit back and wait for a clear picture of the market. During indecisive markets, you want to stay out! Don't touch. Avoid at all costs. I appreciate you investing your time in your future. Much Love Dil
Education
by justlivingmylife
Could the bearish daily trend be about to continue?Good morning traders! I trust your week has been good thus far, yesterday offered some great trades with members of our team getting involved. EURUSD is still in a daily selling range and we have now had a mitigation of the daily range marked up a for few forecasts ago. Looking at the lower TF we are in a 1hr sell range and 4hr buying range. Price is currently in the discount of the 4hr buying range. A sweep of the Asian lows and mitigation of the edge money range would offer a great spot for a long, alternatively a move back to the highs and a selloff would offer great selling opportunities. Whatever does happen I will remain Neutral and trade the market in the moment. As always, trade safe EnvisionEJ
by EnvisionEJ
The weekend is when the deep work happensWhat do you use your weekends for? The Forex markets are closed, but your mind shouldn't be. This time is best used reviewing and learning about the week before. Take this trade for example, it had it all-5min Buy range, Change of character, BOS, 1min buy range, pull back to the equilibrium, pull back to range impulsive move. This happened later Friday night my time, however by reviewing it I get to see how good this trade would have been for those awake. As always trade safe, I'll see you on Market open! EnvisionEJ
Long
by EnvisionEJ
Look at how EURUSD moves in New York sessionThis chart is meant to be studied. Trades setups are for New York session. This is more of an analysis of where price is likely to go, and then entry/exit is up to you. The analysis is derived from five core concepts: 1. Each trading session (Asian, London, and New York) acts different and has a job -Asian session tends to consolidate and trap traders in both directions 2. Each trading session interacts with the sessions around it -Part of the analysis looks at the high of Asian session as a resistance zone 3. Price acts the same day after day -A bullish engulfing bar will always represent buying pressure 4. Price interacts with places of high and low volume -Part of the analysis uses volume point of control to find areas of interest 5. Price will move quickly in one direction, then slow down and reach exhaustion, at which point it will move in the opposite direction for an undefined amount of time -A strong push to the upside will be followed by a pullback Keep in mind nothing is correct 100% of the time. The key to long term success is risk management. If you take a loss, find out why, smile, and wait for another opportunity:)!
by cylfx
GBPAUD- Weekly AnalysisHappy Sunday to you all, Definitely was a weird week last week for GBP. What I think will happen when the market opens is price will gap back down to where it gapped from last week, which it never retraced back to. Even if it doesn't price will rise then eventually retrace to that area for sure! I personally have never seen anything happen like this, where price doesn't retrace to where it gapped from within the same week. So what i'm expecting this week is price will retrace and rise just like it has previously at this area a few other times. If price was to take on the bulls price is definitely headed to 1.80000+. I will be updating/posting this pair all week so stay tuned, I feel a good week is ahead of us!
Long
by lobfxempire