IPDA on EURO FUTURES CONTRACTSellside and Buyside Have both been Purged Since the New Yearly Open with price Resting at the Midpoint of the overall Neutral Order Block we are currently sitting inside of. I am Neutral Until I see a significant Displacement Leg Form; Shifting Market Structure to a More High Probability Setup. For now I will Simply use the Weekly Range(s) of Liquidity on a Daily TF to Locate 4H Swing Highs/Lows for 1H Model Frameworks - allowing LTF 5min 3min 1min Entry Setups At HTF and MTF PD Arrays. Running sentence, sorry. #ICTStudent
** NOTE: Even though Long Term I am Neutral - I am Bearish on the Short Term till price Reacts off of the Bullish Breaker, because we are in a Bearish Weekly Candle with a confirmed Daily Swing High for Monday, Tuesday, and Wednesday that has drawn a Daily Bearish FVG.
Ictstudent
EURUSD Breakdown 1HRAfter having a High momentum Push down yesterday we see market moving upside in a low momentum so we expect sells highly to come in after filling the 1HR FVG and also taking out the BSL, So after taking out all those we wait for 1M Market shift and another BOS for 2ND Entry(Low risk) We SELLS
GBPUSD H1 analysisOn Friday I said price would deliver to the 22/05/22 nwog after an H1 candle close above 1.24260 before friday close but was too ambitious, instead price closed today at C.E (consequent encroachment) of the nwog. 1.25465 buyside is the first target for this week, so long as it doesnt trade below 1.24332 (23/04/23 NWOG low). Beautiful to see the algorithm deliver with accuracy like this :)
LONG EURUSDLONG EURUSD
First idea published. Don't execute on this.
Friday-Monday AM
- correction from previous week impulse leg
Sunday NY PM Session 13:00 sharp
- correction reaching into HTF (H4) order block from previous week
- potential low of the week formed
Tuesday London Session
- impulse leg
- leaving previous day high and candyland intact
- liquidity at candy land = multiple rejections at that level + FVG
- liquidity at double top, additional liquidity just above candyland)
Trade Idea
- Tuesday NY 8:30 correcting in discount territory of london impulse leg
- Tuesday NY 9:30 reaching for new highs
Short-Term Trade Entry (until end of week)
BUY LIMIT 1.09470
GSL 1.09197
TP1 + BE 1.09979
TP2 1.10730
TP3 1.11831
New York Midnight Open - Influential. Here is an example whereby the New York Midnight Open (NYMO) was influential.
Overnight trading and pre-equities open was drifting just below the NYMO price.
and once it broke above for the 2nd time with intent...it rallies hard higher for remainder of the mornings session.
However, as we breakdown lower, approaching the breakout area of the morning's rally, we see a great deal of support and unwillingness to break down further; as we enter the final hour of trading.
This is likely due to the original displacement 15min FVG / BISI which triggered the morning's move, with candle bodies respect the C.E. of the FVG, now acting as support.
And within that same vicinity is also the NYMO price. The market dips below the NYMO price, hitting the Bullish Order Block (+OB) perfectly, right at the 15:15 to 15:45 macro.
Which fires the market higher before the equities closing bell, running against those who were short from the lunchtime/afternoon run lower.
$EURUSD Possible 5:1 Scalp *SMC**SMC = Smart Money Concept. See related Ideas* It's showing willingness to go to buy side on a Tuesday meaning this could make the high for the week. I put the entry as now, put the take profit near the current high could be below, and the stop loss at the xurrent low minus the average true range and you'll get 1.88. I believe this should result in a winning trade if not at least 30 pips. even though I think i have it much more than that.
Good Luck!
OANDA:GBPUSD
MOEX:GU1!
TVC:DXY
LOOKING FOR A BUY ON NAS100NAS100 Has been bullish for all of last week, so I expect the 1st half of this week to still deliver bullish price. I would love to see a retracement to where price broke from on Friday and break the most recent high created. Let me know if you see something different or to be part of my community.
[O] - Weekly - ShortPotentially might see price find small amounts of support at the bottom of the weekly FVG / BISI - as price completes a rebalance of an imbalance. Lines up with the 75% fib retrace.
Fallback would be the volume imbalance resting just below the FVG.
Seeing how price reacts at the FVG and or VI would be key as to whether we see strong or weak level of support for a potential upside retracement.
However, price action remains very heavy with no up-close candle insight in previous 7/8 weeks. No clear and obvious upside objectives or draws on liquidity (other than a small VI).
Whereas, there are multiple discount PD arrays outlined, which are likely the root cause of heavy downside draw on liquidity.
1st target - previous large downside leg's low - $55.50
2nd/3rd target - RELs outline at $55.28 and $54.54
4th deeper target - high of weekly liquidity VOID - $52.45
Do you agree? Have I missed something?
Let me know of your thoughts.