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Forensicforex

DXY Weekly DrawHello Traders! Looking at the market we can see we broke above reality equal highs. Smart money takes these opportunities to get out buys at highs because there willing participants to allow sellers in. We have a couple Discount PD Arrays below price. Order Block BISI(FVG) I would like the pervious weekly low reached for. It has been a while since price has been in a bearish trend. If the DXY was to dropped heavily I would expect it to reach down to at least the last down closed candle.
TVC:DXYShort
by ForensicForex
New York Lunch Session AVOID ITHello Traders! The New York Lunch Session tends to do two things - Consolidate - Trend It starts at 10am and ends at 8pm. However there is a session overlap which is the London Close. After the London Close finishes you will see the volume of the market reduce significantly. After the bond markets close you will also see volume reduce as well. This will allow you to be more meticulous with your trades and focus on high rewarding setups.
Education
by ForensicForex
Gems. Hello Traders! Here I break down a full trading day. Main Ideas: New York Lunch Session: Period of consolidation (10:00am - 8pm) Central Banks Dealers Range (2:00pm - 8:00pm) EuropenOpening Price (2:00am) Avoid London Session when CBDR and Asian Session is trending more than 35-40 pips. Bearish on the day entry Ideas: - Sell above MOP - Sell above Asian High (5-15 pips) - Sell CBDR +1 or +2 standard deviation(High/Medium Impact News Days +3 /+4) - Sell above late NY buy stops Bullish on the entry Ideas: - Buy below MOP (5-20 Pips) - Buy below Asian Low (5-15 pips) - Buy CBDR -1 or -2 standard deviation(High/Medium Impact News Days -3 /-4) - Buy below late NY sell stops Tuesday and Wednesday are your higher volume days(More high and medium news packed) Trade with the Time Zones London, New York, Asian (make it work with your work or life schedule) Bearish on the week entry Ideas: - Sell above Sunday's opening price (20-40 pips weekly premium) Bullish on the week entry Ideas: - Buy below Sunday's opening price (20-40 pips weekly discount) Intraday trader exit around 12:00pm or 3:00pm (I would personally do 12:00 pm) Weekly range trader exit Thursday New Open or London Close(Market reversals) This is just my personal take on the market. I keep it simple and keep the rules clean and cut.
TVC:DXYEducation
by ForensicForex
1
USOil Weekly Chart Hello Traders! I am still long on USOIL. Price has been ranging between this weekly swing high and swing low. This is where we can find our premium and discount range. If we are bullish look for a buying opportunity within the discount range. Notice how price gave a buying opportunity at the bullish order block within a discounted range. Im looking to enter the market on a buy stop entry at the open of down closed candles. We can also see price broke the previous week high. This makes me anticipate price is drawing higher for next week.
TVC:USOILLong
by ForensicForex
DXY Weekly DrawHello Traders! As we can see price swept last weeks high and has quickly displaced lower. Why is that? Whenever price runs a significant high or low that gives smart money the opportunity to short or long. However, they will do it during certain times of day and during news events. I do not want to see price return back to SOP and stay above it by the tomorrow's New York Open. London Close I would look for opportunities of the market capping its range expansion(making high or low of the week). If price has also reached the 3 day average pip range I would expect less movement by the weekly candle.
TVC:DXY
by ForensicForex
DXY True DayHello Traders! Here is a full trading day of the DXY. Is smart money looking to sell the Dollar? (What has the higher time frame story line show?) The Sell Stops have be Look at when price is most active as well. It is not random how larger and explosive moves during certain times of day. Tomorrow is Wednesday, which means this we must know where our weekly opening price is. Does it look like price is trying to rally higher and away from Sundays opening price? Does it look like price is trying to displace lower and away from Sundays opening price? Look at AUD/USD and compare it to the DXY. What does today's CBDR look like? Is it a tight range of consolidation? or is leggy and ranging? (Hints to Avoid Trading London Open Session and Opt for NY Open).
TVC:DXYShort
by ForensicForex
DXY Running Old HighsHello Traders! Here we can see the equal highs we wanted to be targeted has been reached. (Link to post below) Price has buy stops pending above those highs will smart money take this opportunity to go short? There is a possibility, however we would need time and price to line up (Time of day and Day of Week). Tomorrow is Thursday which typically is the high of the week when bullish. I would anticipate shorting in London Close or looking for a New York Reversal short. 8:30 am there will be high and medium impact news tomorrow April 28th.
TVC:DXYShort
by ForensicForex