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Ictbreaker

US500 - Short - RR3Smart Money Concepts During the london killzine (2.00-5.00 ny time) a draw on buyside liquidity took place. The draw on liquidity took out the previous high and formed a bearish market structure shift. As a result of taking out the previous high and forming a market structure shift, a bearish breaker block has formed. Due to the strong bearish momentum, a bearish fvg has formed. There's a difference between an imbalance and an fvg. We only take an entry on an fvg combined with a breaker. An fvg is a 3 candle formation that has formed immediatly after a draw on liquidity. The overlap between the breaker and the fvg is our point of interest to take an entry. In addition, a bearish orderblock has also been formed, which will serve as a last line of defence for our stop loss placement. As an extra confluence to the above strategy, at least one of the conditions below must be present as well (not all of them are required, one is sufficient enough). 1. MACD signal must be bearish for a short, or bullish for a long 2. MACD bullish divergence for a long, or macd bearish divergence for a short 3. Hull Suite green colored and price above the ribbon for a long, or Hull Suite red colored and price below the ribbon for a short. 4. RSI over bought for a short, or rsi oversold for a long 5. RSI bullish divergence for a long, or RSI bearish divergence for a short 6. Fibonacci golden pocket
UShort
by Pipmunch
Bearish Weekly Sentiment for DOWAfter range bound weeks of trading and a news heavy week from Wed-Thu, I'm expecting a rise in price to meet and Orderblock/ Break Block, FVG, and OTE confluence before selling off towards weekly low targets. High of the week can typically be expected around Tues-Wed so I'll be looking for bullish setups to start the week and increased volatility to take us to the order block before a sharp or explosive sell off from Core PCE and such. Curious to what setups or ideas you guys have. First time publicly marking up. I'm very fond of liquidity found from Friday's price action that left a magnitude of trend line liquidity and unprotected lows in the market. I would like to see Sunday open down and Tuesday start the movement higher. CBOT_MINI:YM1!
CBOT_MINI:YM1!Short
by GarneredFinance
Potential Bearish Setup in GU as week unfoldsI've been anticipating a bearish ICT breaker setup in GU and EU if the DXY gives more bullish price action. I still hold a bearish bias in foreign currency since the DXY has continued to show bullish over the past few months. The only thing that would change my bearish foreign currency outlook is if the DXY provides clear and substantial bearish movement. Which to me would mean aggressive moves lower from the DXY and clear bullish setups in foreign currency.
Short
by TheBrainlessTrader
2
GBPUSD ShortLooking at a potential GBPUSD short today. News comes in at 10:00am, so we will be waiting until around that time for larger entries, but the DXY looks like it may attack the old 2002 fair value gap, which would likely cause correlated foreign currency to attack recent lows. I like GU most today since it has already formed ICT's Breaker on the 15m chart and has taken buyside liquidity earlier this morning. We'll see how things go, stay tuned and stay blessed.
Short
by TheBrainlessTrader
EUR/USD 1H BREAKER BLOCK TRADE IDEAGreetings traders, I will outline the short I am currently eyeing on EUR/USD. If you pay attention to market structure it should be clear to you that EUR/USD is in a long-term downtrend and therefore higher probability trades will be found shorting this pair - the trend is your friend as they say. If you look at your 4H chart you will see the area of resistance which forced EUR/USD lower this week, this being the 4H bearish order block. Moving onto the 1H chart we see that the market stop hunted the highs at June 22nd, rejecting at the close of the 4H bearish order block (4H -OB), then broke market structure to the downside as indicated by the grey horizontal arrow. Once this price action occurs, the bearish candle before the stop hunt is validated as a bearish breaker block (represented in the chart by the red rectangle and labelled as 1H -BB) and all one would need to do is wait patiently until price returns to the breaker to have a high probability bearish trade. That my friends is exactly what I aim to do - my entry lies a few pipettes below the close of the 1H -BB and my stop loss lies above the high of the breaker block. My targets are at the sellside liquidity pools below the respective lows of June 23rd but I will not marry this idea. Depending on how the market behaves I will take partials or close the trade entirely. Remember traders, anything can happen in the market, the astute trader acknowledges this and seeks to manage risks while waiting patiently on his preferred setups. This is what is needed in order to thrive long-term in this game. Hopefully the market reaches our entry point, if it doesn't, unlucky, we move. If the trade loses, unlucky, we move, but one thing is for certain, we move. May the markets be with you.
Short
by CorpusFX
GBP/USD 4H Indicating BearishnessHi traders, it's yet another week and this means fresh opportunities in the majors. Today I bring to your attention the short position I am currently holding on GBP/USD . This pair is currently in a longterm downtrend, therefore the highest probability trades will be found shorting the pair, this frames my bias. On May 4th the market ran just above the high of April 29th on FOMC volatility , the market then returned below this high, breaking market structure in the process, traders using institutional concepts refer to this as the stop hunt. With this framework, once price returned to the breaker which initiated the stop hunt, I entered my short positions. The stop loss of the trade is placed above the 4H breaker block (the block is represented by the red rectangle ) and my final take profit level is placed at the high of the 4H fair value gap. The level represented by the blue line indicates where I will take my first partial if price moves in my favour. I have selected this level since it is an area of mitigation and so price can bounce from there. More details of the overall framework of this trade is explained in further detail in my first publication, which can be seen below this publication in the "related ideas" section. I really appreciate you for reading this post and remember, buy/sell at levels that make sense and let the market do the rest. May the markets be with you.
Short
by CorpusFX
2