Forensicforex
High Probability Scalp Study GBP/JPY1. Swing Low Broken
Waiting for a Swing High to form now.
Potential Swing High Forming.
2. Swing High formed.
Waiting for 3rd candle low to be broken.
Could expect a retracement back up into a FVG +OB
3. 3rd candle low broken.
Looking for short opportunities.
4. Waiting for another swing high to form
Could get a retracement back into the SIBI + OB
High Probability Scalp Study GBP/JPYHello Traders!
1. Swing Low Broken
Waiting for a Swing High to form now.
Potential Swing High Forming.
2. Swing High formed.
Waiting for 3rd candle low to be broken.
Could expect a retracement back up into a FVG +OB
3. 3rd candle low broken.
Looking for short opportunities.
High Probability Scalp Study GBP/JPYThe Pound Dollar is heavily shorted currently.
Yen Dollar is gaining strength.
Weak Pound + Moderately Strong Yen
Here we can see price broke a swing low.
Once a swing low is broken that triggers the algorithm to seek for lower prices.
I am waiting for the 3rd candles low to be broken to go short
Patience is key.
High Probability Scalp Study EUR/JPYHello Traders!
The Euro Dollar is heavily shorted currently.
Yen Dollar is gaining strength.
Weak Euro + Moderately Strong Yen
Here we can see price broke a swing low.
Once a swing low is broken that triggers the algorithm to seek for lower prices.
I am waiting for a new swing high to form lower to the prior one formed.
Patience is key.
IPDA walk through (March 2022)Hello Traders!
Here I am showing the IPDA Data range look back.
IPDA = Interbank Price Delivery Algorithm
IPDA controls price along side with the commercials(Central Banks)
This is part of how I setup myself up as a trader to be more successful moving into a new trading month.
Will link another example of the power of using IPDA.
My brain is the indicator Hello Traders!
Here the chart speaks for itself once again.
"gold is on its last bull run" is what retail traders keep telling me.
Price is not randomly chasing these price points.
It is not a random box or zone these retail traders have on their charts.
It is an exact high or level.
Quick scalp exampleHello Traders!
I decided to counter trade gold, here is a live paper trade.
Remember you do not always need to hold your trades all the way to your final target.
Do not be fooled into thinking you need to hold a trade all the way to your Tp area.
You can even set you TP just short of your final target to be safe.
Ideal buy below Asian Low when bullish Hello Traders!
As you can see what I antipacted came to life.
Price takes out a short term low formed before the Asian Open.
Price going into the new day traps street money(retail traders) below the Asian Low and knocked them out shorts.
Did you short gold? or Long it?