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Sniper Trading System Trade Break Down 12-29-23As we study #PriceAction - Our 12am Indicated the Bullish Play on this last #TrapDay of 2023 - The #Algorithm raided the 1st #StandardDeviation to entice Timmy, Lenny, & Tenisha nem to chase the sell because they had no clue we are BULLISH today.💰 Around 5am the Algorithm followed it's DAILY route- Consolidated turned around and liquidated the Shorts and tapped the Sell Stops and liquidated them as well. #SmartMoney Bought the WICk of the #SwingLow which is our #DrawPlay 🔼 Typically price will Trend to the 3rd or 4th #StandardDeviation in confluence with the #Trend that day. 😮 then retrace and or Reverse. This is the 2024 DAILY Schedule. This schedule makes us the #BANK ✔🤫🥶💵 LEARN IT! 📌💵 #SniperGang 🏦🏦🏦
Long
by Master-Jedi-Trader
1
15 Essential Topics to Transform into a Pro Trader 📈💹 Embarking on a journey to become a professional forex trader requires a solid understanding of various key topics. Whether you're a beginner or looking to enhance your trading skills, mastering these 15 forex topics will set you on the path to success. Let's dive into the essentials! 💪 1. Understanding Forex Basics 🌐 - Learn the basics of currency pairs, exchange rates, and market participants. 2. Fundamental Analysis 📰 - Explore economic indicators and events affecting currency values. 3. Technical Analysis 📊 - Study charts, patterns, and indicators to make informed trading decisions. 4. Risk Management Strategies 🛡 - Implement effective risk management to protect your capital. 5. Trading Psychology 🧠 - Master emotions and discipline for consistent trading success. 6. Different Trading Styles 🔄 - Explore day trading, swing trading, and position trading. 7. Leverage and Margin 📊 - Understand the risks and benefits of trading with leverage. 8. Market Order vs. Limit Order ⏩ - Differentiate between instant execution and pending orders. 9. Interest Rates and Carry Trade 📈 - Learn how interest rates impact currency values and the carry trade strategy. 10. Correlation in Forex Markets 🔄 - Understand how currency pairs move in relation to each other. 11. Economic Calendar Awareness 📆 - Stay updated on economic events and their potential impact. 12. Backtesting and Demo Trading 📊 - Test strategies in a risk-free environment before trading live. 13. Diversification Strategies 🌐 - Spread risk by trading various currency pairs and assets. 14. Market Sentiment Analysis 📈📉 - Gauge the mood of the market to anticipate price movements. 15. Continuous Learning and Adaptation 📚 - Stay updated on market trends, technologies, and regulations. Becoming a pro trader involves continuous learning and a commitment to mastering these essential forex topics. With dedication and practice, you can navigate the complexities of the forex market and trade with confidence. Happy trading! 🚀💰 Let me know, traders, what do you want to learn in the next educational post?
OANDA:XAUUSDEducation
by TopTradingSignals
3
CADGBP Triple Bottom Chart PatternCADGBP, the Canadian Dollar against the British Pound, is showing indications of a potential reversal as it forms a triple bottom pattern on the 1-hour timeframe, finding support at a key level. This pattern suggests a potential shift from a downtrend to an uptrend. Traders observing this potential reversal might consider a take profit level at 0.5983, targeting an upward price movement towards this objective. To manage risk effectively, it is advisable to place a stop loss at 0.5932, serving as a protective measure if the reversal does not materialize as anticipated. While the triple bottom pattern and support level offer encouraging signals, it is essential to consider other factors such as overall market conditions, fundamental analysis, and prevailing market sentiment. Relying solely on technical patterns may not guarantee successful trades, so it is important to closely monitor the market for any changes or developments. Looking forward to read your opinion about it!
Long
by TopgOptions
I AM THE ALGORITHM NOW!!!!! EURUSD KING!!!!!Just follow the script. I wrote it today :) Never Over leverage. Trust the set up. Then trust the PROCESS. EVERYBODY EAT$$$$ I AM SMART MONEY NOW> Master Jedi & Sensi of #SniperGang at #OBG ✔ #Narrative for #EURUSD May 23, 2023 3:22am EST> 🔽🔼Our 12 AM Candle is= Red indicating the main move is BULLISH> Therefore we KNOW that before the algorithm Stop hunts before the main move either way: So we expect price to raid external Liquidity to the extreme levels of the 3rd or 4th SD before the W Set Up>EURUSD www.tradingview.com 🤫💲
Short
by Master-Jedi-Trader
1
The Narrative for EURUSD today May 18 Twenty Twenty Three 3:42am#Narrative for #EURUSD > Thursday May 18, 2023 2:14am - If price does not turn around at 2:30am est we expect price to raid #Liquidity to the extreme areas of it's #ADR > We KNOW the ADR areas of 68pips-88pips is when #EURUSD begins to turn around. > Therefore we expect price to form the W Set up at the extreme areas of the ADR by the end of the London Session around 6am. 6am est sets up the #NewYorkSession and price typically reverses at the #MacroPivotPoint > Our entry will be off of #WE #DBP Entry. This is your #AgressiveEntry The Modest Entry is AFTER the #SwitchPlay which confirms with a shift of the EMA's 🤫💲✔🔽🔼 - Now let's see how #Price follows our #Script for today⚡ Never over leverage. Trust your narrative because it IS THE SCRIPT (fax) Have fun and Happy Trading Family!!!! EVERYBODY EAT$
Long
by Master-Jedi-Trader
IT ALL MAKES SENSE NOW!! EURUSDOn a bullish day look for price to short 1-3 Standard Deviations before the Algorithm begins to LONG Price. On Bearish Days look for price to Long 1-3 Standard deviations before the algorithm engages the short. You can trade with this information both ways when you know the bias of the day. It’s safer to WAIT until price hits the standard deviation that is closest to the ADR of the asset that you are trading that day. This will give you accuracy and confidence when the long or short is initiated. The shorter DR that creates the standard deviations the more accurate. DR 25-35 pips tends to give you the greatest accuracy. Anything over 40 pips tends to have variables: News 📰 Heavy Consolidation, and seek and destroy algorithmic profiles✅ 🔼 I AM #SmartMoney aka Master Jedi & SENSI of #SniperGang EVERYBODY EAT$$$$$
Short
by Master-Jedi-Trader
1
EURUSD Filling Imbalances aka FVGPrice moves for two reasons: To fill imbalances aka FVG and to areas of liquidity aka buy and sell stops in the market. According to the #SniperTradingSystem the 12 AM SR Candle indicates we are looking for the Bearish play. Therefore we want price to buy up to our 4th or 5th SD then hunt for the sell. The bullish move now is a continuation from yesterday, If you are already in the Buy it should continue to our 4th or 5th Standard Deviation. Stay Sharp! #SniperGang
Short
by Master-Jedi-Trader
4
EURUSD SNIPER TRADING SYSTEMSNIPER TRADING SYSTEM: Simplicity is the key. There is genius in simplicity. 12 AM 1hr Candle is RED indicating we are looking for the Bullish Set Up. So we sell EURUSD to the 3rd or 4th Standard Deviation where we will hunt the BUY SET UP. From one extreme of the ADR to the Bottom. The goal of a Sniper is to catch as many pips in the Daily ADR that the trend will allow. This system trades the MACRO Pivot Points so we are in the trede when it begin$ Never Over Leverage. Trust your trade set up. Have fun! I AM TRADING MADE SIMPLE. Master Jedi & Sensi of #SniperGang
Short
by Master-Jedi-Trader
1
SNIPER TRADING SYSTEM OVERVIEWThe Sniper Trading System is set up for the Sniper to make minimum 30pips Daily in Forex. The system is built on the algorithmic movements (aka TIMES of day) that the market has the highest probability to trend✅ The systems foundation is Market Structure that we frame with two formulas: Wick Formula that gives you the structure areas and 17:1 ADR Strategy which traps price vertically within a specific time period that the algorithm moves price. Today I will break down the system in a straight forward way. Box 5PM-1AM EST (From wick to wick) Measure how many pips this zone is. This is your MORNING ZONE. Your 12AM candle is the key to finding your set up. If the 12 AM 1 Hr is RED you are looking for BULLISH plays for the day. If your 12 AM Candle is Green you are looking for the BEARISH play. Once price breaks the high or low of your MORNING ZONE you look for the set ups in confluence with your 12 AM 1 Hr Candle. After we find our set up bias we drop down to the 15min to snipe the play. We have a very tight 5 pip Threshold aka Stop Loss on the trades so this allows you quickly to know when price isn’t going in your favor to pull the trade and wait for another entry. This system trades the Macro Pivot Points so we are always in the trade at the beginning vs waiting for a pullback which often times doesn’t happen cleanly. Take profits at Extremes of the ADR aka liquidity areas (top of the wicks to the body of the candles) This play happens every single day in the market like clockwork. News will set the moves back later so it’s best to trade AFTER news hits unless you are already deep in the trade. I still suggest pulling your profits before news. This system is consistent and will put your trading in AUTOMATIC. Check out today’s set up and how it followed the system perfectly. Never over leverage. Trust your set up. Have fun! Everybody eat$ I AM Master JEDI and Sensi of #SniperGang
by Master-Jedi-Trader
1
Will EURUSD Rally This WeekThis is the Futures Contract of EURUSD. The Futures Contract is simply where price is PREDICTED to trade to in the future. Traders Buy Futures Contracts to hedge their trades. #TradingMadeSimple So buy reading the Futures contract it gives the Sniper an edge to have a very good objective high probability perspective of where the market will probably trade to. This is the Monthly TF. The White Lines represent monthly SR. These are the brick 🧱 walls; the strongest areas of SR in the Forex Market. I’ve broken down the sell to the most probable Low that was created on the last day of trading in the month of September. Adding that the fundamentals for the EURO 💶 and the Dollar are perplexingly distraught there could be a major shift from EURO Falling to the depths of disparity and the Dollar 💵 soaring to the depths of no return. This sets up a very high probability for EURO to Rally in October or at least consolidate a while before breaking North to possibly take out those Equal Highs I have annotated with the red SR LINE. This would put the EURO 💶 above parity before the holiday season and bring the dollar 💵 down before Christmas here in the states. With all of that said who’s buying EURO next month? Never over leverage. Trust your trade set up aka Detailed ANALYSIS based on your technicals AND fundamentals. Have fun!!! Never risk more than you are prepared to lose because anything can happen in these Markets! I AM Pro Trading Made Simple. Master Jedi - Sensi of #SniperGang 🏦🏦🏦
CME:6E1!Long
by Master-Jedi-Trader
1
Weekly Analysis of September 25-30, 2022The importance of annotating the previous week is immeasurable. This gives you the proper perspective of where price has been and will likely go the following week. As Snipers in the Markets we rely heavily on past price action because it is indicative of future price action. Often times equal lows will get swept, imbalances aka FVG will get filled and equal highs and lows will get smashed. These are all areas that the algorithm that delivers price to the market reaches for at specific times of the day; every day in this multi TRILLION dollar space we know as FOREX. By studying your weekly analysis you are studying YOUR map of Price action on the asset that you are trading. You then get in sync how it moves, when it moves, and what levels of liquidity it will reach for. This chart is an example of the POWER of annotating the asset you trade and identifying the different times it moves. When you capitalize on these movements you capitalize on the PIP$! Never over leverage. This keeps your head in the game and allows your perspective to stay objective when draw downs will inevitably happen. You won't pull the trade early, and you'll allow the trade to manifest. Trust your set up. You wrote the script. You took the time to study price and where it has a high probability chance of going. Give price time to get there. Often times it will. Have Fun! This is the only space where you can make as much money as you want every day of the week! I AM Pro Trading Made Simple. Master Jedi-Sensi of #SniperGang Everybody Eat$
by Master-Jedi-Trader
The Cleaner on EURUSD! Narrative : Last week the NEWS generated a HUGE repricing and caused the market to drop that left a huge imbalance that hasn't been cleaned up yet. Imagine paying for a 5 star Hotel and you get to it and it's a mess from the last occupants who were a Rock Group that celebrated a vey successful tour:) Well this week is brand new and the market would want to clean up all imbalances before the inevitable DROP I believe is coming Mid Week. Fundamentally the writing is on the wall for the EURO unfortunately. The DXY is still in orbit and this drop is only temporary to clean up the imbalance it left when it took off like a rocket during that news day last week. But after the clean up I see the DXY Soaring because the Dollar is still SUPER INFLATED! Thus Euro will Fall deeper into parity. #SniperMarketMechanics All of that said: the potential dip in the DXY is adding more confluence for this ride LONG on EURUSD. To add even further confluence to this ride NORTH is: All imbalances and liquidity voids have been pretty much cleaned up on EURUSD. So it's a very great assumption that the algorithm will hunt the STOPS above since it ate pretty good down south! As always Never Over Leverage. The Forex market isn't a get rich quick space. But over time through proper risk management aka NOT OVER LEVERAGING your accounts will grow like an OAK TREE. Trust your set up. Give the narrative time to manifest and fall into the script. Have Fun! It's a new week and new gains are on the horizon! I AM Pro Trading Made Simple. Master Jedi & Sensi of #SniperGang --- EVERYBODY EAT$
Long
by Master-Jedi-Trader
NEWS NEWS NEWS! EURUSD Headed NORTH Finally!Narrative: News News and More News will cause for a very Unpredictable ride in this 7 Trillion $ space known as FOREX. Nevertheless we ride all waves: the trends as well as CONSOLIDATION. Why? When you trade with the Bias aka Trend; after the dust settles; you'll always be on the RIGHT side of Hi$TORY. The 13th News driven DUMP was nothing short but AMAZING! Those Long candles created on New$ days create Great opportunities to catch the RETURN TRIP for the Premium Price as well. Yesterday the 14th we experienced delays on the 1st Class Trip North due to heavy NEWS. Price stalled and had to return due to weather aka NEWS:) Nevertheless we know when HUGE Imbalances are created they normally are retraced 45-50% minimum if not MORE. The DXY 4hr is Cleaning up the swings and headed to fill that huge imbalance it left on the 13th as well. We use the DXY as our #1 Indicator because it is the Ying to EUR's YANG. Add all of those Real Time Confluences together and you have a very High Probability Trade with Low risk as you can see indicated in this Beautiful Chart. As always Never Over Leverage. Trust your trade set up. Especially on trades that you stand to profit MAJOR PIPS. The algorithm's job is to STOP HUNT to make the narrative interesting. Most importantly HAVE FUN. What other space you know where you can make as much $ as you want every day? I AM Pro-Trading Made Simple. Master Jedi & Sensi of #SniperGang EVERYBODY EAT$
by Master-Jedi-Trader
EURUSD ON THE RISE!!!The Narrative for this LONG goes like this: The overall perspective is when you look at the trade from 50k feet vs the regular Daily Perspective. Some days when the market seems NOT to follow the script that's when you step back and look a the BIG Picture. It's clear that EURUSD has tapped Buy Side Liquidity. The Wicks are liquidity runs tapping stops below structure before the main move. This is #SniperMarketMechanics The market doesn't want anyone to make money on the main moves thus it throws wicks to knock out the stops that it knows lies right below structure. Why do you think it's called (Liquidity Runs)? Nevertheless Stop losses are great to protect your capital in the situations when you cannot monitor the trade manually. We are currently in the MZ when price volume begins to wake up and also creates the High and the Low within the MZ Structure. At 12am the algorithm that delivers price to the market creates a new high or low depending on the BIAS of the day. You gauge that from the higher time frames like Daily Weekly Monthly. The higher TFs give you a great perspective of what price wants to do that day. Now let's add the fundamentals into the script. The ECB just today raised interest rates by 75 Basis Points. Which should inject the EURO with some much needed rocket fuel to propel it upwards out of parity territory. Contrast that to the DXY - Fed Chair has vowed to bring inflation down by raising interest rates which should effect the DXY and cause the bubble to burst. The DXY is the ying to the yang of EURUSD and US base pairs. So this trade set up looks like a great NASA Project ready to take off to the moon. The ADR for EUR USD is 88-101 Pips. And that can be hit in one day of trading. Finally, Never Over leverage. Take in account the inevitable pull backs and stop hunts that the algorithm is programmed to engage at certain times of the day. Trust the set up. Give the trade time to fall aka TREND into the script. Most importantly HAVE FUN!!! There are no do overs in this beautiful blessing we call life or FOREX so make it all count. I AM Pro Trading Made Simple. master Jedi & Sensi of #SniperGang EVERYBODY EAT$
Long
by Master-Jedi-Trader
EURUSD WILL FALL ... It has BegunNarrative goes like this: We'll call this one #MarketMechanics The plot is very deceiving from the start of the week but not really because I wrote the scripts to this one:) Knowing the real bias is DOWN today we began this trading week going in the right direction. But to give the traders a little plot twist all of a sudden we go LONG at the bottom of our MZ. Suddenly all of the Short retail traders began to watch their house money dissipate until it was no more. This was just to trick them out of their fortune. The Long retail traders were in a state of joy because they started picking out Lambos and mansions as they saw their accounts go UP!. This was just the fake out. What they didn't know price was simply hunting the shorts Stop Losses above the MZ. After the Shorts were completely Liquidated the plot thickens: Now all of the Long Retail traders that did not pull their profits will soon begin to watch their lambos and Mansions disappear because price is now liquidating the longs and headed directly for their Stop Losses below MZ Structure and putting the Original Long play back in effect and the Shorts will Win the Day and eventuually long term the week. How's that for a Monday Narrative?:) As always never over leverage. This will keep you in the narrative until its completed the scene. Even if you have to adjsut the script a little to fit the narrative. Trust the set up. Because every set up needs time to manifest. Have Fun watching your accounts compound like a a OAK TREE. #SniperGang EVERYBODy EAT$
Short
by Master-Jedi-Trader
4
SCALP IS OVER!We've already Established that the Trend Is Down today. So that scalp was the Stop Hunt for all of the LONG Retail Traders Stop Losses above MZ Structure. So that 20 Pip scalp was a great Snipe! It's looking Like price has taken out the Short Retail Traders Stop Loses now it will begin to liquidate the Long traders and engage in the REAL move SHORT. This will also take out all of the Retail Traders that went Long and take out their Stop Losses below MZ Structure as well. This is the #SniperPerspective A Sell Stop will pick up the REAL Trend South Nicely and put you in position to catch some MAJOR PIP$ on a MONDAY:) Never Over leverage Trust your Set Up aka Narrative. Have Fun! WE ARE #SNIPERGANG EVERYBODY EAT$
Short
by Master-Jedi-Trader