FTMUSDT H1SELL ENTRY @1.1554
STOP LOSS@1.2022
TAKE PROFIT@1.0899
Market Update (Looking to Long)
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USDJPY LONGLonged UJ last week due to the 0.618 fib zone and the uptrend support, this analysis paid of and have since moved SL to BE and took profit 1 at 124.680 i believe it will bounce from here and break resistance switching it to support where there will be another buy opportunity, there is also an opportunity to buy from this double bottom on the 15 min chart which is highlighted.
GOLD (XAUUSD) PROJECTIONXAUUSD was seen in a tight range and has failed to come out of the range.
We're optimistic that when a break is observed to the up side / down side? as seen in the chart, there will be a supply to the north or south depending and which direction the it heads.
At this time we remain skeptical and would continue to trade in the range by selling at resistance and buying at support levels.
Institutional Liquidity Orderflow 📉📉📉Hi guys! I would like to briefly explain my strategy, I use liquidity to understand where should market go .
🏦 Liquidity is basically a zone in the market where a lot of stops are located both retail/ institutional, I will look to enter near that area but only after the manipulation on the buy-side or sell-side liquidity to all my trades with "Smart Money". as known as "Wall Street"
You can separate the Liquidity Concepts in two areas.
✅ Buy Side Liquidity - area of the price where sellers put their stop loss, its located on old highs, equal highs (Resistance) above double tops, above key psychological numbers
✅ Sell Side Liquidity - area of the price where buyers put their stop losses, usually below old lows, below equal lows(support), below psychological key levels.
‼️ REMEMBER
Dumb Money sell at high
Smart Money SELL ABOVE THE HIGH
Dumb Money buy at low
Smart Money BUY BELOW THE LOW
Using this concept as i explained you will have less stop losses because you will allign your trades with institutional orderflow.
I attached couple photos so you can have a better understanding.
DOLLAR INDEX USD MID TERM BEARISHNESSZEYAN here!!!!
IM EXPECTING THE DOLLAR TO GET WEAK IN MEDIUM TERM
This is the end result of my analysis; I analyze the market using a very unique method for trend and entry; please do not take this information at face value; conduct your own research.
If you want me to analyse your charts, please let me know in the comments.
THIS IS IN NO SHAPE OR FORM A FINANACIAL ADVISE
If it was helpful, you owe me a like!!
Bearish Candlestick Pattern's 📉📉📉📈 Technical Analysis
I use those bearish candlestick patterns as an extra confluence when price gets into my POI (point of interest) they can make your trade much better.
⬇️ Bearish POI look for :
Tweezer Tops
Three Red Crows
Bearish Engulfing
Evening Star
Hanging Man
Evening Star
Gravestone Doji
‼️ Don't use them ALONE as a single argument, the change of getting a good trade could dramatically decrease
What do you think about those candlestick patterns, do you use them ?
Spinning Top's Candlestick Pattern ✅✅ A spinning top is a candlestick pattern that has a short real body that's vertically centered between long upper and lower shadows. The candlestick pattern represents indecision about the future direction of the asset. It means that neither buyers nor sellers could gain the upper hand.
✅ White spinning tops are candlestick lines that are small, green-bodied, and possess shadows (upper and lower) that end up exceeding the length of candle bodies. They often signal indecision between buyer and seller. To look for the spinning top among the red candles, you can use the Spinning Top Black candle pattern
✅ There are two variations of this chart pattern: the bullish spinning top (green in colour) and the bearish spinning top (red in colour). The bullish formation occurs when the closing price is higher than the opening price, while the bearish pattern occurs when the opening price is higher than the closing price.
Do you use this candlestick pattern in your analysis ?
📉📉📉 Wedge Trading Pattern 📉 What Is a Wedge?
A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts.
📉 Understanding the Wedge Pattern
A wedge pattern can signal either bullish or bearish price reversals. In either case, this pattern holds three common characteristics: first, the converging trend lines; second, a pattern of declining volume as the price progresses through the pattern; third, a breakout from one of the trend lines. The two forms of the wedge pattern are a rising wedge (which signals a bearish reversal) or a falling wedge (which signals a bullish reversal).
📉 Falling Wedge
When a security's price has been falling over time, a wedge pattern can occur just as the trend makes its final downward move. The trend lines drawn above the highs and below the lows on the price chart pattern can converge as the price slide loses momentum and buyers step in to slow the rate of decline. Before the lines converge, price may breakout above the upper trend line.
This usually occurs when a security’s price has been rising over time, but it can also occur in the midst of a downward trend as well.
The trend lines drawn above and below the price chart pattern can converge to help a trader or analyst anticipate a breakout reversal. While price can be out of either trend line, wedge patterns have a tendency to break in the opposite direction from the trend lines.
📉 Rising Wedge
This usually occurs when a security’s price has been rising over time, but it can also occur in the midst of a downward trend as well.
The trend lines drawn above and below the price chart pattern can converge to help a trader or analyst anticipate a breakout reversal. While price can be out of either trend line, wedge patterns have a tendency to break in the opposite direction from the trend lines.
Do you use this trading pattern ?
cad/chf looking for a sell off at this resistance area???looking at cad/chf we can we see we Haven't smashed thru this resistance and im anticipating with this divergence we are seeing Price can drop from where its at
disclaimer - information shared is for educational and demo purposes only
happpy trading and let me know what you think?
Volume Trading Indicator 📉📉📉✅ Volume is an important indicator in technical analysis because it is used to measure the relative significance of a market move. The higher the volume during a price move, the more significant the move and the lower the volume during a price move, the less significant the move.
✅ Volume indicators are technical tools to evaluate a security's bull and bear power. Most look specifically at buying vs. selling pressure to determine which side is in control of price action. Others attempt to identify emotions that are moving the security at a particular time
✅ A high positive multiplier with high volume indicates strong buying pressure which pushes the indicator higher. On the other hand, a low negative number with high volume indicates strong selling pressure which pushes the indicator lower.
✅ Down volume indicates bearish trading, while up volume indicates bullish trading. If the price of a security falls, but only on low volume, there may be other factors at work aside from a true bear turn
Do you use this trading indicator ?
ENGULFING CANDLESTICK PATTERN 📉📉📉✅ The pattern has greater reliability when the open price of the engulfing candle is well above the close of the first candle, and when the close of the engulfing candle is well below the open of the first candle.
✅ The bullish engulfing candle signals reversal of a downtrend and indicates a rise in buying pressure when it appears at the bottom of a downtrend. The bearish engulfing signals reversal of the uptrend and indicates fall in prices by the sellers who exert the selling pressure when it appears at the top of an uptrend
✅ The bearish engulfing candle occurs when the real body of a down candle completely envelops the real body of the prior up candle. A bullish engulfing candle occurs when the real body of an up candle completely envelops the real body of the prior down candle.
✅ How accurate is bullish engulfing?
The bullish engulfing candlestick acts as a bullish reversal 63% of the time, which is respectable, ranking 22 where 1 is best out of 103 candle patterns
✅ What is bullish engulfing pattern?
A bullish engulfing pattern is a candlestick pattern that forms when a small black candlestick is followed the next day by a large white candlestick, the body of which completely overlaps or engulfs the body of the previous day's candlestick.
What do you think ? Comment below..
US30 Entries + ExitsThe 1on1 video is currently out, if you would like it in order to understand how to play my analysis FULLY, please let me know privately.
All likes/comments and feedback are very much appreciated!
How to play my chart:
Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry, you place a buy. If however that support buy doesn't go into profit and goes negative -35 or -60 pips (depending if it was a fast break/or if the break landed on a minute 15 zone), if it breaks you would then exit your buy and immediately enter the sell. You would then ride that sell down to green TP1, or you could then repeat and play the buy/break there.
The same exact thing goes for resistance sell/break plays!
AMD Trading Pattern 📉📉📉📈 To increase your chance of succeding in the financial markets as a trader you should understand what the market phases is and the logic behind this concept.
🔰 Accumulation - tipically accumulation is a range area where price forms equal highs and lows, from an institutional perspective we can see this zone as a clash between sellers and buyers usually after a accumulation move price will move sharply into a direction
🔰 Manipulation - manipulation aka the FAKE move will be the first move that exists the range in 80% of the situations the first move is just a move to trap retailers go into a certain direction and then quickly reverses, usually the manipulation happens during LN open (London) NY open ( New York ) NYSE open ( Nasdaq ) and the accumulation move forms during asian session especially for fx pairs
🔰 Distribution - distribution is the moment when price takes the opposite direction of the MANIPULATION it is offten called the TRUE DIRECTION of the DAY where its generally raided by institutions because retail traders were trapped in the manipulation phase.
Was this a valuable information ?
Market Strucutre 📉📉📉✅ MARKET STRUCUTURE .
Today we will talk about market strucutre in the financial markets, market strucuture is basicall the understading where the institutional traders/investors are positioned are they short or long on certain financial asset, it is very important to be positioned your trading opportunities with the trend as the saying says trend is your friend follow the trend when you are taking trades that are alligned with the strucutre you have a better probability of them closing in profit.
✅ Types of Market Strucuture
🎯 Bearish Market Strucuture - institutions are positioned LONG, look only to enter long/buy trades, we are spotingt the bullish market strucutre if price is making higher highs (hh) and higher lows (hl)
🎯 Bullish Market Strucutre - institutions are positioned SHORT, look only to enter short/sell trades, we are spoting the bearish market strucutre when price is making lower highs (lh) and lower lows (ll)
🎯 Range Market Strucutre - the volumes on short/long trades are equall instiutions dont have a clear direction we are spoting this strucutre if we see price making equal highs and equal lows and is accumulating .
I hope i was clear enough so you can understand this very important trading concept, remember its not in the number its in the quality of the trades and to have a better quality try to allign every trading idea with the actual strucutre