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Fairvaluegap

$ETH - Bearish to start the week - Bullish to end *SMT*EDIT: MY BNAD FOR NOT STRETCHING OUT THE CHART OF HEAD O0F TIME, i WAS LOOKING AT ANOTHER CHART WHILE TYPING THE IDEA..... It's not pretty but I hope you get the point. SMT= Smart Money Theory, Please See the related Tutorial regarding smart money principles. Tripple high, possibly breaks a little higher, make people think it a break out and then it slams on the breaks and heads back down towards the two large fair value gaps and a "Missed opportunity gaP" to possibly the bullish OB (Order Block) that will probably happen around Thursday or Friday (between 1145 and 1135. Before having the weekly profile complete its task of creating wicked on both sides and creating the high and the low at the beginning and ef the week. It still has broken structurer and with two fairt value gaps belowe this only seems the most logical Additionally we should ALWAYS Look at the commitment of traders indicator it is subject to provide such records for the CFTC. Here you can see a massive drop from longs to more net shjorts, which tells me a short is coming this way... or those p [eople that really study thjis and trade it a lot are not to bright Heres the daily with no indicators except where the imbakances are, which is about all you need to know about ETH right meow. chart ENTRSANCE - 1315-1318 SL - 1360 take Profit - 1217 TP2 1151 TP3 - 1130 I know I fluibbed bad on the last one but last week was news heavy and the fundamentals had a lot to do with it. This week, not so much, so the technical analysis should win this week. GL GT BodiesXWix - COINBASE:ETHUSD BITGET:ETHUSDT MEXC:ETHUSDT.P CME:ETH1!
COINBASE:ETHUSD
by BodiesXWix
$dYdX -Hit Top of Daily Bearish Order Block- Now Retracing *SMTSMT = See related idea on the analysis of what Smart Money Theory is. $dYdX seems to be the only crypto worth trading at the moment. As it hit the top of the Daily bearish order block and started reversing. Wick may have went through each side on the 4 hour but two four hour candles closed inside below the median of the Daily bearish order block . This is bearish movement. So I have two take profits. The first is within the huge 4 hour Fair Value gap below. Entry 2.441 Take Profit 1 - 2.068 (Top of Breaker) Take Profit 2 - 1.946 (Bottom of Breaker) Stop loss - CLOSES ABOVE 2.538 on the1 hour I don't play the stop loss game unless I'm Not going to pay attention and what matters on a stop loss is the close not We'll See what happens. But thats my educated guess. Usually, Smart Money teaches me right. (See related Idea Bitcoin- last short
Short
by BodiesXWix
London Open Killzone Liquidity Build and FVG Hello Traders! What I shared with you happens on most days of the week and is a super easy way to get trdaes that are highly probable.. London Open Killzone time is: from 3:00 AM to 5:00 AM New York Time.. (though it could extend a bit further).. What we should be looking for is this scenario: We have a clear liquidity area..(single or double lows/relative equal lows) and time is London Open Killzone and we have reached liquidity area.. on this case we expect price to reverse and we look for a confirmation (in this case a "Fair Valie Gab").. Note that: I recommend using 15-min chart to spot liquidity area and for looking at how price is performing.. And once we get into a liquid area, we should go lower (5-min_1-min) charts to look for FVG.. Hope you find this helpful 😃 Let me know your thoughts in comments I would be happy.. Be Well All!
Education
by MST_Trader
1
$ETH Short Now to 1292 (Scalpish) *SMT* EDIT: SL ChangeSMT = See related idea about "Smart Money TA" Price has broken buy side liquidity. Retail is expecting a breakout. And it's doing a good job of acting like it is going to continue upward Nope, It is now looking for an Imbalance. Below is a 4 HR Fair Value Gap. I'm being conservative and only reaching for the 62% retracement of the pullback. Additionally it would break the liquidity sitting at 1294.27. it could get deeper, it also may not. I edited the SL Because Price could possibly reach up tot the 15 minute Bearish Order Blocks. Entrance - now (1313.40) S/L - 1329.61 (Edited) TP - 1292.45 KUCOIN:ETHUSDT COINBASE:ETHUSD CME:ETH1! CME:ETB1!
Short
by BodiesXWix
2
$EURUSD = Ending the week With a Judas Swing Short *SMT**SMT* = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges, trendlines, channels, harmonics, etc. has any effect on how price reacts. I'm sorry, but you won't convince me that Tesla or Bitcoin knows it has created a triangle and that it knows how to react to that? It does and will remember price levels, that's it. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to remember is price will do 2 things 1) move toward attacking where there is Liquidity (Equal Highs, Equal Lows, phantom Trendlines, etc.) and 2) Move toward Imbalance (Fair Value Gaps, Liquidity Voids. Open Gaps) That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.* The asian range ican be a good determining factor as to where to look as to which direction the end of the week will move toward. First I look at the NY opening price at midnight. Price should cross that point at some time during the next trading day, whether it be during london or NY session, I honestly don't know. But it should get just above the recent swing high and breaking buy side liquidity and hitting a bearish blockj and then dropping towards the sell side liquidity breaking the lsell side iquidity created last friday by the daily low. The standard deviation of the asian range is exactly at that same low from last friday. So I have two entries,. 0.51% of account - 1.7:1 ratio Entry 1 -0.98135 Stop Loss - 0.98797 Take Profit - 0.97000 (Just above the standard deviation to be safe) 1.75% of account ~6.4:1 ratio Now my second entry is based on the space between two bearish order blocks . Entry 2 -0.98456 SDtop Loss - 0.98670 Take Profit 0.97000 Additionally, I ee the dollar dropping to a bullish order block and moving up to fill a liquidity void (that should happen about the same time as the take profit hits) Then My analysis has the dollar dropping below the liquidity as the dollar contiues to drop in its valuation. I'm hoping I hit both entries and I am able to calculate this correctly that I hit both entries and hit bothj take profits. However, due to the nature of the asian sedsion, I think It's only going to hit the first entry and take profit. If I expect that, I will probably add more to my position at some point, probnably when I can the direction is reversing, (if it does) I could be wrong and it continue upwards, breaking structure in the upper prices. Howevber, if you look at my ideas back til may, I have not lost a trade. I may have to pass on the knowledge that was given to me via private mentorship if I keep this up. EDIT: AFTER POSTING AND LOOKING AT PRICE ACTION THERE IS A 15 MIN fvg ALREADY LOWER THAN CURRENT PRICE, IT WILL WANT TO FILL THAT IMBALANCE. Lastly in case it doesn't get to my final take profiut, I do have 3 goals to aim for. I usually do 30% 1st target, 30% second target 35% last target, leave a 5 % trailer to see if it continues down and keep moving your stop loss each time you hit a take profit so you dont los your winnnings. Good luck and happy trading. OANDA:EURUSD TVC:DXY ICEUS:DX1! BMFBOVESPA:EUR1!
Short
by BodiesXWix
5
$EURUSD - UPDATE: New Entry, Close 15 min FVG then BEARISH *SMT**SMT = SMART MONEY THEORY* WHERE INSTITUTIONS RIP RETAIL TRADERS TO SHREDS BECAUSE THEY DON'T THINK OUTSIDE THE BOX. Please see related Idea for details. I posted on earlier 0.98045but after watching it closely I only believe it will get as high as enclosing a 15 min Fair Value Gap, then it wil drop aiming for the liquidity uner neath last friday's lows. which is also 1 standard deviation below the Asian Range during the Asian Session. I'M GOING 2% OF ACCOUNT -USING ALL 50 OF MY LEVERAGE entry - 0.98045 S/L - 0.98540 TP 0.97080 IF YOU FIB FROM THAT LAST 15 MIN CANDLE UP BEFORE THE LARGE DROP, YOU'LL SEE IT WILL RETURN ABOUT 80% OF THE RETRACEMENT. THAT'S ABOUT NORMAL FOR RETRACEMENTS. OANDA:EURUSD BMFBOVESPA:EUR1! ICEUS:DX1! BIST:EURUSD1!
Short
by BodiesXWix
3
$XRP - Hedging Bullish Against Pevious Call? *SMT**SMT* = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. I'm Sorry, but you won't convince me that Tasla or Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remember price levels, that's it. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to remember is price will do 2 things 1) move toward attacking where there is Liquidity (Equal Highs, Equal Lows, phantom Trendlines etc.) and 2) Move toward Imbalance (Fair Value Gaps, Liquidity Voids. Open Gaps) That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.* I batttled withthis and had two ideas and I've narrowed it down to one. It should fill the 4 hour fair value gap bellow before shooting up and filling the Weekly fair value gaps created back in May/April So Currently the price dropped today in the new day and month but has not finished out the week. And I don't think that my original idea will be finished out this week. I do believe that the price will Move up. because if you look at the current Wave, the 162% is the current high within the last few days . Additionally it is within the weekly Faif value gap that it entered and droped created an Instititional Order Entry Drill (WHICH IS THE CURRENT HIGH) Now you can enter now with little leverage and leave a atop loss of about $0.42000 as well as a second entry of $0.4400 with the same stop loss. also with very low leverage. The reasoon I have it bullish above these prices are because the last quartly highs haven't been above $0.4100 and I would expect them to stay above that considering the weekly fair value gap prices. However, I do take a step back and think that it could fulfill the current 4 hour fair value gap before moving updward and then fulfilling the weekly fair value gap before getting to the current high. So that's why I have a thir entry, this would be high leveraged and the current 4 hour fair value gap price jumps from .4050 to .4230 Lastly I have an entry of $.42500 with a stop loss that would cover the 4 hour fair value gap and that entry would be the last bullish order block of $0.42545 covering to the previou areas consolidation low of $0.3760 ( 9however, if this is what you think you might as well add more leverage to your short and us these numbers as take profit) although, it' really the 4 hour FVG Low of 0.40550 that O dpn't think it will get lower than before I put on a high leverage long through the current Weekly Fair Value Gap and Hoping It gets to the other weekly Fair value Gap just above it. as you can see the weekly lows of the current chart are balanced vut where there is a weekly fair value gap above that price usually wants to fill, this is where the unbalanced act is that needs to be balanced. If it does fill the below 4 hour fair vlaue gap, my previous idea's take profit is complete and then it should move up to complete the banlancing of the weekly now that the daily's have been balanced. But if it goes up first and completes the balancing of the weekly, I wouldn't be surprised to see price not hi my original stop loss and turn around and filll the 4 hour gap. So just to be clear here is what I think the scaenarios are on chart 1. Now until $.4400 is an entry with a S/L of $0.42 Staying above highs. but falling again once it covers the weekly FVG near 5585 or 2. Entry at or below $0.4250 to $0.40550 To up above 0.5585 In which case the original idea has hit it's Take profit and now we're just going the opposite way So while I believe it is going to long, right now, it's whether it's going to go long short term and fall back to cover the 4 hour? Or cover the 4 hour FVG first and then go long? Considering most prices still follow bitcoin and I think Bitcoin still has time to get to it's ultimate low of $15,6 I think it's going to cover the second option first, clear out my first take profit and then head to my second. Giving it a 3.25 R:R. However, if you think right now is the time to go long, then you have a 2.75 R:R ... This is why I currently have a small amount in low 3x leverage going long, because if the second comes true, I can get 4 times the amount if I enter correctlty with 12 x leverage. Because I believe either are going to win. And I might Just not enter a second time until .41 and just ad double my current entry and have 15x leverage rather than losing any at all. Quite a bit to think about but any of these scenarios I believe are winners, It's just paying attention to Bitcoin now.
Long
by BodiesXWix
Zoom In And Learn! GBPSUD Yesterday's Trade AnalysedGBPUSD yesterday's trade was very good and I anticipated it since the day before yesterday.. You can see on the chart the following: We had a level of "Sellside liquidity" and the price reaching just before London Open. Price showed strength and confirmation for entry, targeting, first, the Relative Highs, and next, the Swing Buyside Liquidity to which the price reached up and reversed (we closed position a bit after that).. DXY was confirming the move.. Would be happy to hear from you in comments 😊 Stay Sa£e & &ood Tradin&
Long
by MST_Trader
1