Forensicforex
GBP/USD High probability turning into a trending model. Hello Traders!
As we can see we got a counter trend candle.
We also are breaking pervious daily highs as expected from the shift to bullish.
Even if the market post another down closed day still an opportunity to buy.
GBP/JPY looks to be miroing the model as well. Take a look for yourself.
GBP/USD Bullish High Probability ScalpHello Traders!
Here we have an high probability scalp opportunity to the buy side.
Price is making higher swing lows and higher swing highs.
Is another leg higher due? or will be range?
I want to see price make a new leg higher.
Previous daily highs should be broken more often than previous daily lows if we are going to start trending bullish.
Does this mean DXY is leaning bearish? Possibly.
USOIL High Probability Scalp Model Hello Traders!
Here we can see price breaks a swing high.
This makes be think bullish "momentum". However, I must see a higher swing low form.
We do get a higher swing low and it's 3rd candle's high has been broken.
This is where I look for buying opportunities now.
Simplest thing to do is buy below M.O.P or buy below tight range Asian session low.
This could be a turning point back to higher prices.
AUD/JPY Asian Session ResultHello Traders!
Here we can see price going into asian open takes out the sell side liquidity.
Once those sell stops are triggered i'm anticipating a reversal.
Im looking for 20 pips after a break in the opposite direction.
Entry is based off the first fvg that formed after the breaking the lows.
only 15 pips were captured then price falls and stops me out.
USD/CHF Monthly Swing Trade Update 2Hello Traders!
The swing trade was successful.
Price cheap enough for the commercials to buy on the higher time frame.
Remember buying at a discount is better than buying in a premium.
Notice how much patience a trader must have to gain pips like this.
Jun 30 - Oct 14 just some perspective.
S&P 500 Update Hello traders!
As we can see we got a nice dynamic reaction within that FVG on the daily chart.
Still anticipating a lower swing high to form.
Commercials are doing all there larger orders in 3 day swing points.
Lower swing high = increase in shorts
Higher swing low = increase in longs
S&P 500 September IPDA Castforward Hello Traders!
As you can see from the September look back data range price is acting sell side liquidity.
To me this is a bear market. Smart Money is increasing net shorts and decreasing net longs.
Currently I can see a range that produced an O.T.E Sell.
The black lines are fib extensions and possible areas of the market reaching for.
Price broke the swing high but i do not see a higher low or higher swing low forming.
You can see the range measured price quickly left a premium.
Essential Day Trading Hello Traders!
Here I have highlighted specific times of day during the market.
These times of the markert are key to understanding how this markets flows.
Each session is unique and normally have a characteristic it follows.
This a full trading day. 8pm - 3pm.
Asian to Bond Market Close is a full forex trading day for the commercials and central banks globally.
For new traders I normally recommend finding a session and studying it for 3-6 months.
You will increase how fast to get familiar with the movements of each session and how they work hand and hand.
USOIL Forensic ThoughtsHello Traders!
Here I see a swing high has recently been broken.
This to me is perceived as bullish "momentum". I would expect to see price rally and break highs.
The next phase the market normally gives is a higher swing low if the trend is going higher.
Commercials are going to be buying in down closed days fooling retail traders to sell.
Eventually the net longs will increase enough to prevent price creating a lower swing low. Price will make a higher swing low launching price upward to keep trending bullish.
The next key moment to pay attention to is a higher swing low.
Odd are that the swing low will form in a pd array.
PD Arrays: Fair value gap or order block.
Price currently has been sitting on a monthly bullish order block. Time is just lining up and waiting in my opinion.
AUD/JPY October IPDA Data rangeHellp Traders!
Some observations:
Price is in a discounted market. Commercials are more likely to buy in this area.
We have a engulfing daily candle making a bullish order block.
Run below the 40 day low to grab sell stops.
Australian dollar seasonally is bullish for October.
Yen dollar seasonally is bullish overall but choppy for October.
COT data shows Commercials are net long on Aussie dollar as of 9/27/22
COT data shows Commercials are net long on Yen dollar as of 9/27/22
AUD/USD Potential Buy ModelHello Traders!
Here is a scenario that can lead into a buy model.
We have a small price range from the 20 day high and low, which we can define into premium and discount.
If we see a swing high broken within a discounted range we can stalk O.T.E setups in New York Session.
Monday - Wednesday will present the better buy days in NY session.
If price breaks this swing high I will go further with the model.
DXY November IPDAHello Traders!
Here we can see the DXY just broke the IPDA 20 day high we define.
Could this be an opportunity for smart money to get out longs and sell?
DXY has also hit 110.
For price to reach down to the sell side lows would be a difficult journey.
I still think the DXY is bullish and can reach for 120 next long term.