Fvg
CPI Data release TradeFirst video ever. Once again not financial advice, this is simply to monitor and journal by trade ideas.
This trade was on the ES S&P 500 E-mini Futures. Shorted some contracts off the lunch hour consolidation into the new daily lows. Pretty simple and easy price action to trade today so long as your bias was bearish.
#ict #thestrat #spy #spx #options #futures
Smart Money Manipulation 🥊Alkaline is back baby! 💣
As smart money concepts gain popularity, liquidity increases.
I have taken a month away from trading to study the new forms of market manipulation and have been pleasantly surprised by what I have found.
Here is my discovery:
1) The market is currently focusing on taking liquidity from breakeven positions over fixed stop losses.
This is because emotional traders put their stops to BE quickly to avoid pain, especially during indecisive markets.
2) Order blocks are the perfect manipulation areas.
If you take time out to backtest significant order blocks, you will notice price will tap and lure or simply sweep above/below the zone before going in the intended direction.
3) That tight stop loss you are using is doing more damage than good.
Scale into your positions, trust me when I say this will reduce your emotions and give you a more relaxed trading style.
4) Use your brain, even if you are in denial.
If the majority of traders lose money, and the majority of traders now use smart money concepts, do the maths.
It feels good to be back after a long month of studying, I have lots of new things to teach and share.
I will be taking on new students shortly, have a great weekend everyone 👋
SPY Puts 9/2/22 NFP announcemt DayTook SPX puts from $6.10 on the red arrow and they ran all the way to about $80 each contract.
This was on 9/2/22, after announcement of the Non Farm Payroll (NFP) data, which was announced at 5:30am PST. It was as easy as you see it. Opened with a gap up, that lead to a slight pullback that did not fill the gap at first. It bounced and took out the previous days high, creating Buy side liquidity. Retail would think that the break out will continue hence buying in hopes of a move up. Price held for a while riding that high and never made a significant move above ever again. It then proceeded to dump and dumped hard, also right after Biden's speech. The targets are self explanatory. Sold some way to soon but its all good still got a nice move. #ict #thestrat #priceaction #spy #spx #puts #options
GJ SELL BIAS TO DISCOUNTDaily Analysis mapped out with a range FIB retracement - already modified before analysis
Price was at Premium Side of the market using the Daily POV, top down to the hourly chart and developed a sell bias as Sell side Liquidity was swept at Equilibrium and idea of imbalance filling up before price action and trend resumption
Nasdaq Higher Timeframes AnalysisPrice potentially formed a lower high filling the fair value gap on the weekly timeframe. Potential short from the H4 order block to continue lower and tap into the daily demand zone. Potential bullish reversal on the daily demand.
EURUSD LONG 8/23/22 TUESDAYEURUSD LONG 8/23/22 TUESDAY
DOA
-KILLZONE TIME: 5:15pm
-SESSION: Asian
-TIME OF EXECUTION: 1:00am
-DATE: 8/23/22
-DAY OF WEEK: Tuesday Night
Entry
-POI: CPE
-RR: 1:2.74
-POSITION: Buy Limit
-SL: 38.9
-TP: 106.7
Moral
-Market had Bullish Expansion previous day and left FVG
-Bullish Doji on Daily Chart signaling reversal
-Discount Market
-15Min FVG
Results
-Goal reached!!
-Took forever was in drawdown for a long time
-Seen 1k and snatched
-Took partials and placed SL in Profit
Lesson
-Good Patience tester
-Great job at managing the trade
-Keep it the good work
NQU2022 Daily TF Analysis. FVG + Order Block EntryOk guys, My name is Ryan, also known as Peezy_FX & this is my first Published Trade idea so I pray it plays out lol
I am anticipating for the market to initially trade down, against my bias, taking out previous day's low & Thursday's Low, which would be our purge of Sellside Liquidity, creating the low of the week sometime before
Tuesday's New York Open & by doing so generating Buyside Liquidity, i.e. Relative equal highs involving Thursday & Friday's high's. A specific price of interest to me is the 13250.00 - 13206.25
If that occurs, I will then drop down to a 15m timeframe as well as the 5m timeframe & wait on a clear Shift in Market Structure ( SMS ) to form at or around New York Open 8:00 AM (Est) to The Opening Bell at 9:30 AM (Est)
Once I identify the SMS , I will be looking for a retracement down into a lower timeframe FVG and/or an Order Block, Targeting previous day's high (close partial profits) & the liquidity pool resting at 13620.00 (take profit)