THIS HAPPENS ALL THE TIME!!!Check my previous post as to why, but here we have the same scenario. Lets see how both pairs play out.
Previous post -
Banks
BACK IN THE GAME... LET'S SMASH 2020 TOGETHER!!Been away from trading due to holidays (Thank you Isreal you were amazing!!)
So here we are in a long term descending channel from a higher timeframe. Price will most certainly reach the top and re-test it.
And during this long term channel, we have a shorter ascending channel with a perfect place to enter.
HOWEVER...
If it was only that easy ever retail trader would make money! The banks know this and manipulate to market to take out all the stop losses for liquidity. They need this as their orders are so big, price would just shoot if they tried to place them all at one level.
GOLDEN RULE - - - FOR A TRANSACTION TO TAKE PLACE ON THE MARKET, THERE MUST BE A BUYER AND THERE MUST BE A SELLER. ALWAYS.
Planning a trade wayyy before it happens.... HERE'S HOWI'm expecting price to return to the long term descending channel as there is a lot of liquidity there for the taking.
I expect this to happen via the channel breaking (wiping out stop losses) then price to continue downward. I have a trade idea already generated before price even reaches that destination, so when it does I am fully prepared for any scenario.
If you can try and look to the future then you will get a better feel for the markets.
I struggled to explain this one, sorry.
Happy trading!
AUDCAD ShortSmart Money Concept. How the banks trade your money.
Update from the very last AUDCAD Long setup. Enjoy :)
Long on KBE WHY KBE? KBE - tracks an equal-weighted index of US banking stocks. Meaning, The big boys (Banks) and the smaller ones gets an equal -weight.
With small cap ( IWM ) leading the major index last week and the finance sector ( XLF ) being under the radar with good earnings, we might c a major breakout 2 the whole finance sector.
In the technical point of view' i identify one of my favourite pattern , The ascending triangle.
With that said, We might c KBE gets the upside i am waiting 4.
DXY NarrativeSo what i'm looking for in the DXY Narrative
is some decrease in supply and more demand
in other words institutions have met their supply levels
and look further to sell DXY as Demand increases for
discounts on the Dollar. This will affect every Dollar based
pair so look for the disparities in price!
GBPJPY short UPDATE (Stop Hunting EXPLAINED) HAPPY PROFITSHello Traders !
Happy Profits on GBPJPY.
Final Target is the Demand Zone.
I hope you enjoyed the explanation and the Analysis.
Let me now in the comment section below your view on GBPJPY and what you think about my Analysis.
Please leave a Like
Thank you and we will see next time
- Darius.
USDJPY short (Video Analysis) Bank Trap Why ?Hello Traders !
Nice move on USDJPY. It broke through the Resistance/Supply Zone. This was not a surprise actually. A lot of people saw that "nice" Resistance and jumped into shorts.
USDJPY is currently near at a Supply Zone. Watch Price Action for the Entry and Confirmation.
Hope you enjoy my Analysis.
Let me now in the comment section below your view on USDJPY and what you think about my Analysis.
Please leave a Like
Thank you and we will see next time
- Darius.
Canadian Banks (UPDATE)Canadian bank stocks haven't really moved in 2 years. This consolidation has confused both bulls and bears, but it will come to an end by the end of this year (2020). Breaking above the all-time high will be a big buy signal, as it will indicate that the cyclical bull market is still intact. However, breaking below the major upward trendline will confirm a change in trend. Current the bias is to the upside, but this can quickly change if time runs out and price doesn't make it above the all-time high.
Based on my own fundamental analysis of the Canadian banking sector, there are significant problems brewing that could heavily impact equity values. Bank assets that are included in this bank index are mainly composed of speculative loans (+75% of bank balance sheets) to the real estate and financial sector. In China it's the opposite situation, where most bank assets are held by corporations who are engaged in some kind of productive activity. Thus, in Canada if there is a shock in the asset values of the speculative assets underlying the loans it will have a severe negative impact on Canadian bank equity.
Also, remember that Canada's yield curve is currently negative. This is a big sign of a recession ahead for the country. Households are holding a significant amount of debt (almost the highest ratios in the world), and are staring at some of the highest asset valuations in history. Moreover, manufacturing is contracting. There are no industrial policies in Canada at the moment that could counteract these trends, and it doesn't seem like Canadian governments are shifting away from laissez-faire policies.
PS. If you found this idea useful/interesting be sure to follow me on my Twitter account where I post more frequently. The link can be found on my TradingView profile or @ErikFertsman.
First dip into Institutional TradingI did personally did not take this trade. After watching videos on learning how banks and institutions trade, I decided to try and mark out liquidity zones on Gold and drew my analysis. In this process, I realized that these moves happen all the time in the market and everything started to click. I intend to become more well-versed with institutional trading concepts and eventually take action on potential trades I see in the market. I haven't made one yet but I feel like a well thought-out, solid trading plan would help me immensely and get me where I want to be. This style of trading is super eye-opening and only convinces me to improve.
- Who wouldn't want minimal draw-down and and high reward??
- Sniper entries all day.
- I'll always be a student the market. Cheers ya'll.
Santander Looking Like an Interesting SetupBanco Santander looking like an interesting setup for a long term trade. It has broken the downtrend and it has broken horizontal resistance. Full disclosure I have been long since 3.80. I may add to my position if it holds support at 4.22
Deutsche Bank LongNYSE:DB
Entry - $7.60
Target 1 - $8.30
Target 2 - $9.65
Target 3 - $12
Stop loss - $6.79
DB is at an important Fib level as well as showing Bullish Divergence.
Be aware that this is a contrarian play and a countertrend trade. However, this area has a good chance of being a medium term bottom and we might be catching a trend reversal here which can be very powerful.
I plan on taking a 100 share position and selling calls against it on the way up as we hit important fib levels/moving averages.
Trade at your own risk and remember, this is not financial advice and I am not a financial advisor. Do your own research and due diligence.
Likely breakout of the Danish bank "Sydbank"Seems like the downtrend is about to become an uptrend. Good buying spot here at 132 DKK in my opinion, I would put my stop loss at 121.8 DKK as indicated by the black line.
AUD/CAD - DON'T DO IT!!... Don't go long!... YET!!4 Previous touches on that trend line, and now some bullish candles appearing. I bet a lot of people are wanting to join in right about now. And if you are tempted would your stop loss not be where I have put the trade prediction?
Well if I can see that, big banks and institutional traders who get paid a lot more than me can see it.
Apples for the taking (I think that is the quote).
Don't feed the banks pockets, feed your own!
SA BANKS falling wedge?Banks selloff lately has been big. Is this a potential falling wedge on the banks?
Rally Base Rally / Banks order and cheating (TRAPS)The price should be back to Demand zone exactly where Bank make an order
If you have any questions please leave a comment
GBP/NZD - LONG... Did you just get stopped out? Here's whyDid you just hand back over some money to the market after what you thought was a great entry? But why, that "support" looks fantastic? You might have thought;
Multiple touches in the past, strong zone.
Price created some nice bullish Price Action, it must be bouncing off the support.
We had a huge strong move up not too long ago.
This is accumulation within that strong move now is a good entry.
Lets enter and place our stops underneath that strong zone, surely price will fly!
All the banks and the big investors see is a nice zone full of stop losses, great liquidity for the taking. Why would the banks try and fill their massive orders at a worse price, when they can manipulate it downwards and gain a much much better entry.
Trade smarter not harder. Follow the big money in the markets. Wait until the liquidity (stops) have been cleared out, then enter!
Barclays - Heading higherBuy Barclays (BARC.L)
Barclays PLC is a global financial service holding company. The Company is engaged in credit cards, wholesale banking, investment banking, wealth management and investment management services.
Market Cap: £29.60Billion
Barclays appears to have completed an inverse head and shoulders bottom pattern back on the 11th of October 2019. The shares continue to hold up well as a Conservative win at the upcoming election remains the most likely outcome. the medium-term target is up at 200p.
Stop: 163.65p
Target 1: 181p
Target 2: 193p
Target 3: 200p
Interested in UK Stocks?
Join our free Telegram channel for up to date analysis on the best main market opportunities in the UK right now - t.me
XAU LONG IDEAPotential reaction off of an institutional play with the yellow zone highlighted, we may see this move happen for multiple reasons such as also being in my kill zone area which is between 62%-88%.
This trade may happen before market closes however most likely next week let keep close eyes on it and if you see an opening take it.
This is a nice 3:1 ratio trade that can pay more than it can hurt, always take partials out of your trade along the way, especially if you are new to the market and get into moments where you question yourself if you should close your trade or not,.. thats when you know you SHOULD be taking partials and most certainly moving your stop loss into profit accordingly .
The link in my bio i explain more about how i view the market for its opportunities.
Learn-Interact-Trade
Lit Capital
