Fvg
Probability for 22/12/22 After nice drop in GBP/JPY and makink 40% I'm wondering if that was more to do with luck or my analisis. I did predict price will go down and I saw the build up, I wasn't expecting it will take that long and funny enough I wasn't aware of BOJ intrest rates news.
However I got two posibilities, up or down ( like alwas). Main Sellside liquidity was taken out and I see another build up but there is another sellside liquidity and massive FVG which was created during BOJ Intrest Rate News. I'm more towards going up but this is what Smart money wants you to think about it.
Please share your thoughts.
BOJ action!!!!12/19/22 - 12/20/22
This was a wild evening session that rolled into a great trading day if you played it right. There was multiple entries up and down. As you can see from the prior day session there was a 1H Order Block and as soon as price ran into it I sold some ES for a potential down side play. With a little luck the BOJ dropped some wild news that they would basically let rates rise if needed. There was a wild reaction in the markets and it dumped hard. That was sheer luck. Then coming into the New York Day action I noticed a 5m FVG form in the pre market overnight. As the market opened Price ran into that FVG and I risked some buys to take it to the Equal High from the prior day session, and it did just that. As soon as it cleared the Equal Highs I figured there would probably be a pull back off that Buy side liquidity. Sold some ES and drew out my FIB aiming for a pullback below the 50% and possibly into the Golden Pocket. Almost perfectly it wicked off the Golden Pocket. At this point my bias was still bullish simply because the Bullish DR/IDR. So I then went back in with buys hoping for the High of day, and boom took the HOD out and I was out and done for the day. I figured there was a good chance it would keep running but at that point I had no levels and already had a successful day.
FVG and FIB setups So i have been now trading using FVG and Fibs for well over a year in a half now and i can personally say this is by far the best trading strat around since i started using this i right away noticed how it really does simplify trading down to the bare bone essentials which has helped me see and read price action a lot better yesterday being the best trading day i have had in a while i played 3 shorts with high success so more than anything i'm making this post to encourage people to check out this strat especially if they have come into some struggles trying to trade in this bear market you might want to give this a try
BTC UPDATE Hello traders
As we mentioned in the previous analysis, there is a possibility for the continuation of the rise of Bitcoin near the levels of 19 thousand. Based on that, we bought Bitcoin from the block of orders responsible for causing the change in structure, but now the stop loss must be placed at the entry point because we have a strong supply area formed, from which the price may fall to the demand area Before the ascent, if the bitcoin can overcome it, the ascent may continue for the target
previous analysis:
You Should Know Importance of Asian Range! Asian Range is very important when we want to talk about liquidity concepts in general.. Most importantly, Liquidity Grab ..
First have a daily bias .. then use Asian Range's high and low to determine sellside/buyside liquidity.. Wait for London Open Killzone and search for a FVG ..
Let me know your thoughts in comments 🤠
$ETH - Could Long, but not yet - Below 1194 *SMT**SMT = Smart Money Theory. See Related Idea for Tuorial/Explaination on Smart Money
Keeping to the principles of SMT, There are two Redeliver-Rebalances below current market price. A redliver Rebalance is like a fair value gap except where the Wicks don't touch, a presiding wick outreaches a proceeding candle. These act as imbalances i which price seeks. We should see the price possibly move up to the bearish order bock . Why? to suck in all the buyers. Then Smart Money Takes the chart against the buyers (CHARTED HERE:
After bouncing off the bearish order block it should seek that imblanace where the Redeliver-rebalances are. It should fill the small 15 min one or just run right through it, to the second one which is near 1194. The 11 94 i also near the Smart Money Buy Zone or discount of the current "wave" (Last low before breaking and closing above the preceding high); At that point Smart Money will then buy ETH at a discount rate and should take the price higher. How much higher? I don't know because I'll need to see the price action on the way down... it could go even lower. So for the safety of my account, I'm playing it safe and only going to where I the it will travel the last furthest. It could drop and fill the R-R and hit the Bullish Order Block at 1192.68 before we see a hard bounce up again.
I have it going to that low until there until the "Crypto week/day" ends. After that it's a waiting game to see where it goes, but I still have it ultimately going as low as 860. The current -1 standard deviation of the current high/Low is actually around 804 where there's more confluence for price to reach, but playing it safe I'm thinking 860, that 804 mark where the Weekly fair value gap is below the sell side Liquidity
All we can do now is wait
Happy Trading and good luck
Again, this information comes from my observational training and mentoring under ICT.
COINBASE:ETHUSD CME:ETH1!
BYBIT:ETHUSDT.P CRYPTOCAP:ETH.D
12hTTF,1hEC NQ 11/23 - Thanksgiving Week12h TTF, 1h EC
Looking for a bearish1h to sweep back under this RHL and go back to the green. I Do not really trust this pump over the high since my daily target has already been hit.
Invalidation is a 12h candle close over the RHL.
Happy thanksgiving all! and if there is no entry, there is no trade.