GbpnzdHello everyone!
Hope you guys doing good.
as we discussed a month ago in our previous post. Gbpnzd just reacted to the previous monthly strongest supply area and now drops are heppening. Always make an enrty zone to zone and get earned.
We don't use fundamentals, news etc we just follow SD imbalances.
Previous analysis linked with the post.
Good Day
Billionaire
GBPJPY WYCKOFF SCHEMATICS EXAMPLESHello traders,
we would like to share some value knowledge, about structure based mostly on Wyckoff schematics. As an example u have marked up few areas identify by us on multiple TF to help u deeper understanding about markets and printed structure itself. Please, scroll left and right chart to see multiple examples of accumulation and distribution schematics. Hopefully this will help u get some breakthrough in your trading journey.
God bless u all.
BTCUSD 6/10/2019Hello Traders!
As u can see, our focus is based on structure, so potentially we are seeing Wyckoff Accumulation. After potential spring, we would like to see push up to 8700-9400 price lvl.
There is as well liquidity and GAP in price action.
We are bullish on BTC long term for sure, but short term we need to consider both scenarios..
We pay attention as well to lower prices of BTC ..
Fibs 61.8% lvl is around 7250
Fibs 71% lvl is around 6300
Fibs 78.6% lvl is around 5500
Volume profile showing us price lvl 6511
So stay patient and look what price will do if u are not in a short trade already...
If u have any questions, feel free to ask.
GOD BLESS U ALL!
Nzdjpy Long BiasWelcome to eveyone!
This is nzdjpy analysis.
Price just stayed in the weekly supply area and may be we get confirmed weekly small demand level down there and after there we could see another rally for strong weekly supply area nested in the monthly Supply Areas. Price is just doing alignment with lower time frames lets see what happens next.
Happy Trading.
EURAUD Short BiasWelcome to everyone!
Today we share analysis of Euraud.
euraud just creating supply imbalances on lower timeframes and droping down for monthly Demand. Though this drop would be 3rd one but still that demand is strongest area because it had been broken previous supply areas. Lets see what happens now.
so Short bias right now on euraud.
Happy Trading.
USDSEK Short BiasWelcome to everyone!
Today is the day of USDSEK.
usdsek just reacting the previous strong created supply area and going for short now.
as we know the strength of dollar is getting weaker now.
We always follow our rules and stick with our plan. But no method/plan help us without controling our emotions.
Without proper knowledge forex is just a gambling for the people who try to gain profit from it following by their luck.
So Short Bias right now. This is it. Enjoy
Happy Trading : )
EURGBP Short BiasWelcome to everyone!
Today is the EG time.
Euro is just pushing but price action looks really weak and it is hardest thing to break the previous two strong supply areas.
Due to brexit GBP getting weaker day by day so that causes also that price couldn't make any strong move and went for consolidation. So hope after this small consolidation drops would be happend. So just stick with the plan and Control the emotions.
Happy Trading.
Platinum short biasWelcome to everyone.
i just want to share a small thing here about xptusd. There is daily strong supply CP which would actually take some time to break. How it is strong? Because zone 1 (said CP) have been broken the previous strong demand (zone2).
There are some rules in supply and demand which we follow strictly that never allows right now to go long more.
Lets see what gonna happen.
Happy Trading.
3% Possible Gains in the Daily Bounce!As you can see in my link about my previous weekly idea we will have a month of bear cycles, according to weekly Stochastic at risky levels. In this same link you see that I estimate a 30-35% correction. Obviously the price wont get the correction in one single candle, but I am planning to profit from the bounce up every time the market dumps. Please don’t forget to thumbs up and follow for more analysis like this.
On average market make anywhere from 5-7% partial dumps before they consolidate again and dump or pump thereafter. My strategy is first to locate the nearest historical support level (in this case 97.33) I could hedge this short position by going long with my 25% of my total order, however since I am sure that the market will keep on correcting in the mid-term I will not rush to risk myself because even if it pumps a little it will definitely not change the longer timeframe 3 weeks from now.
In this daily chart I am expecting a dump anytime from now up to the next 2 days. I will place 75% of my order at the blue line (nearest historical support level), which coincidentally reflects a 5-7% partial correction. The other 25% of the order will be placed just right at the EMA line, at 93.7.
MACD already showing negative momentum and daily Stochastic is at levels where a reversal is a more plausible scenario (instead of just oscillating at the top of the Stochastic line)
As soon as the orders fill my sell orders will be automatically placed at $99 LTC/USDT.
Thank you. Please comment your thoughts!
25th July 2016 - why I am not a billionaire! Yep - 25th July 2016 - I was asleep. So I missed my chance! LOL. If I had bet on the USD against the Argentine Peso going long, I would probably now be sunning out somewhere in the Maldives instead of hanging out on Tradingview! Chuckle chuckle!
I'm throwing this educational post up, only because I wanted to show that there are so many opportunities out there, that it is impossible for one person to find the most important ones.
I think Tradingview's community is an excellent place for people to share opportunities when they find them early enough. The great thing is that we're not competing with each other. We have a 'common enemy' or 'common cash cow' - which ever way you wanna see it.
This is a call to arms for all traders to cooperate and share more. Let's get richer together!
Best wishes.
Double Top UJ | R/R 4.15 | MASSIVE 40 pip profitsOn significant resistance level - FX:USDJPY 40 pips in 4.5 hours
Doji and a following Bearish hanging man - could have entered here, little riskier but better RR
Also could have entered after the Bearish engulfing / completion of evening star after market has shown you were momentum is going
at either entry point, very little draw down . much easier to trade with less draw down :)
M double top (easier to see with the zigzag)
NY DROP for 40 pips
Risk Reward very nice taking it down to the next major zone
No fancy indicators, just price action and market structure