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Compression

GBPJPY: Liquidity Run 🚴I expected price to collapse after the liquidity run but it seems like new equal highs have been created to trap more sellers. Because of this new formation, I will be waiting to see if price wants to go higher into the next supply zone before considering sells. Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬 🚨 RISK DISCLAIMER: Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use a tight stop loss. -------------------------------------------------------------------------------------------------------- Please like, subscribe, and share this idea with others! ⬇️ --------------------------------------------------------------------------------------------------------
Short
by AlkalineFX
24
Compression Supply and Demand ¦ Key Patterns!Compression is the term every trader should understand. Reading the price is most important in the technical analysis of forex trading. Like if the price is changing at a fast rate then you must know the reason behind it. If you are a technical analyst you should use only technical tools. Like why the price is forming big bullish candlesticks at a certain zone or why the price is forming small candlesticks at a certain zone? You must know the reason behind it. What’s Compression in forex? There are only two reasons for the movement of price. One is demand and another one is supply. The price will go up when there is demand. The price will go down when there is supply. What will happen when there’s no demand left but only supply? What will happen when there’s no supply left but only demand? Bullish movement Compression pattern forex When the price is moving slowly up as well as consuming all the demand on the way then there will be no demand left until the origin of this pattern. As there is no demand so large amount of supply will cause the price to come straight to the origin of this pattern without any hindrance. This pattern is the main reason behind a large bearish candle or big price movement in a very short interval of time. This is called compression in the forex. How to trade compression in forex? This topic will be different for different traders. As every trader has its own strategy to trade forex. Only the top 1% are winners because they are unique from others. So don’t copy strategies but try to make your own strategy. You can use a compression pattern in your existing strategy to increase the risk-reward ratio or winning rate or increase your take program level or modify the stop loss level. It depends on you only. For your help, I have mapped you a simple trend line breakout strategy with a compression pattern above.
COINBASE:BTCUSDEducation
by Pips-Collector
1
Week 40: Compression is coming on FCPOX 2020Week 40: 28 September to 02 October 2020 FCPOX 2020 analysis At the moment the price is in the consolidation zone, to make it simple to the naked eye, the price is forming the Right Shoulder. However, please note that there are many variations of the "right shoulder", it can be a straight horizontal channel, diagonal channel, flag, wedge, and ascending triangle. Therefore, there are many variations that we can play with the market. As this is a weekly analysis, I will choose the smallest risk with a much favourable risk rewards ratio. Here is my personal trade: Sell Limit at RM2,978 Stop Loss at RM3,027 Take Profit at RM2,695 Risk Rewards Ratio = 5.9R Disclaimer : The analysis above for educational purposes only, I do not responsible for your losses. Please adjust your own lot-sizing according to your appetite. If you are benefiting from my trade opinion, please buy me coffee. As always, move your SL when you are in the profit zone.
MYX:FCPOX2020Short
by machintose
AUD/USD Quick Analysis (Supply and Demand)The Price is now compressing down slowly to the Demand Level as you can see in the Chart. The Fake Support at the Fake Out Zone has been broken by Sellers. This Fake Support was created by the Market and tested two times, at S1 and S2. The Banks and the big Institutions are preparing to clear the lows and the stop loss of retail traders who are in Buys. After this, a lot of traders will join the sell mood and start selling. The Market Manipulation has already started. All Supply and Demand Traders know that every gap or void must be filled. We have a very Strong Confluence of Support in the 0.6930 - 0.6990 area. This is the real support. Our Buy Area is the Green Circle in the Chart. So we will set our Pending Order and wait for price to get there..🙏🙏 Confluence of Support (Three Types of Supports): Weak Horizontal Support at 0.6960 - 0.6970 Pivot Point Support 3 (S3) at 0.6967 23.6% Fibonacci Support Level (H1 Chart) at 0.6965
Long
by Benettel
Potential Short for HKXHKDThe FOREXCOM:HKXHKD prices had been consolidating for quite a while and not creating any higher highs (HHs). Yesterday was a good setup to short after the compression was done, but I failed to catch it. This morning, I saw another good opportunity to short with a condition that the price will close at 24,190 area. Here is my personal trade opinion : Sell Stop at 24,190 Stop Loss at 25,000 Take Profit at 23,125 Risk Reward Ratio = 1.35R Disclaimer : The analysis above for educational purposes only, I do not responsible for your losses. Please adjust your own lot-sizing according to your appetite. If you are benefiting from my trade opinion, please buy me coffee . As always, move your SL when you are in the profit zone.
FOREXCOM:HK50Short
by machintose
SGDIDR is heading South soon. This August 2020 , we are expecting FX_IDC:SGDIDR to tumble at 10,919.605 area. For the past two months the prices are compressed tightly. Hopefully before the 17th August Independence Day, IDR will emerge stronger than SGD. Here is my Trade Opinion : Sell Limit at 10,919.600 Stop Loss at 11,073.700 Take Profit at 10,072.100 This will give you Risk Reward Ratio of 5.8R Disclaimer : Follow the trade call with your own risk appetite, I am not responsible to your losses. When your trade is on the profit zone, move your Stop Loss at Entry Level.
Short
by machintose
Gold will lose its shine at $2,029 areaGold rush! everyone is buying gold and in the past 5 days OANDA:XAUUSD prices were forming a compression. It created an impression that the price may go up even higher once passed $2,000 mark. Don't get tricked, we are a trader, we look for a better price and minimise our risks. Here is my trade opinion : Sell Limit at $2,029 Stop Loss at $2,082 Take Profit at $1,814 Risk Reward Ratio = 4.1R Disclaimer : The analysis above for educational purposes only, I do not responsible for your losses. Please adjust your own lot sizing according to your appetite. If you are benefiting from my trade opinion, please buy me coffee . As always, move your SL when you are in the profit zone.
OANDA:XAUUSDShort
by machintose
3