Smart Money LONG | EURUSDJust been tagged into this position on EURUSD
Let's see if this can turn into a good trade.
Any questions feel free to ask
Imbalance
USDJPYLast buy before falling.
In my point of view, there's no reason to not buying this correction, even if it seems bearish on the big picture.
EURUSD daily Last weeks PA we finally saw price break out of the range we have been stuck in since November.
This left a nice order block to look for opportunities in next week.
I would like to see price test the 1.6000 area in the coming weeks as for me this is a key order block and key daily structural point.
Keep it simple and trade what you see.
Smart Money LONG | AUDUSDLooking at AUDUSD
Anywhere below the white line is something of value at a discounted price for a long.
Two potential entry points, both I will set pending orders on. Lets see if we get an entry of any type.
Potential shorts incoming on GBPUSDWe have broken the channel and now hit a key supply zone, i will be watching closely to see if this is a liquidity trap from above the channel to move back in.
We are now nearing a key zone on the 4H TF with an imbalance zone. I will be watching the orange zone within that blue zone for signs of rejection.
GBPUSDFrom a smaller time frame, this could be our intraday targets once #GBPUSD start to fall.
Take a look to the previous setup from a Large time frame view attached down.
XAU/USD - Manipulation candlesWe recently had a break of structure on gold, creating a pool of liquidity on the downside. Gold recently tested off an order block and started moving to the downside on the 1h time frame. But on the smaller timeframes just above that previously, evidence that manipulation candles have come into play can be seen much clearer. The candle that look out liquidity on the smaller times may get mitigated before price starts to move lower. There are two potential entry points I've marked out, an IC on the 15 min timeframe, and an IC on the 5 min. The first take profit target is a 1:12 risk to reward which is more likely to play out, even if it's a temporary move. The other two are a bit more ambitious, but if this is truly a break of structure then hopefully we can see price make it's way the eventually.
Also looking at both sides of the coin, there is still a lot of imbalance in price above the entry area, and on the daily timeframe price looks very bullish. So there is also potential that price could go past entry and stop loss area to rebalance price first before making its way down eventually, hence the low risk, high reward setup.
NatgasDaily demand is created by the banks, now we are heading to the supply are that is created by the banks and the instutions.
Bitcoin CorrectionNow that we've dropped even lower, we're nearing in on an important point of interest (blue box).
If we don't see some kind of reversal in this box, and we drop below it, i think the black & green box are next point of interest.
This is an imbalance that could still need filling up, and an orderblock which could be mitigated.
I know things look kinda bearish in the shortterm, but if in doubt, zoom out: we're still in an uptrend on the bigger timeframe :)
GBP Expecting Lower PricesThis is the Daily Timeframe.
KEEP IN MIND: This analysis is solely based upon Institutional Structure, nothing else.
When an impulse takes out a previous low, it creates a Break of Market Structure (BMS), showing signs of weakness. When a previous low has been violated, the swing high that was formed prior to the violation of the low turns into a Protected High (PH). This means that we expect the market to sustain bearishly and stay BELOW the Protected High.
GBP has kept breaking lows and creating new PH's whom none of them have yet been violated to the upside.
I expect GBP to keep moving lower. I am only bearish until we break a newly created PH to the UPSIDE , as this means that we might move higher. But as long as GBP keeps doing these moves we can expect GBP to weaken in the long run.
The Weekly timeframe is doing the exact same thing, and I expect GBP's price to go lower for the next months UNTIL we break a PH to the upside, showing signs of strength.
USDCHF - POTENTIAL TO THE UPSIDE AFTER A LIQUIDITY GRABLooking at a first push up on USDCHF yesterday.
Price has now entered an accumulation phase and my preference is for price to breakout to the downside to collect more orders and clear imbalance before another move up.
NZDUSD - POTENTIAL STOPRUN & LIQUIDITY GRAB BEFORE ANOTHER PUSH Looking at a first push down on the NZDUSD yesterday.
Price has now entered an accumulation phase and my preference is for price to breakout to the upside to collect more orders and clear imbalance before another move down.
EURUSD POTENTIAL LIQUIDITY GRAB BEFORE A MOVE DOWNLooking at a first push down on the euro yesterday.
Price has now entered an accumulation phase and my preference is for price to breakout to the upside to collect more orders and clear imbalance before another move down.
Smart Money LONG | GBPJPYLooking at GBPJPY
We have a very similar set up to EURJPY
But with this pair I am more mindful that we are at a Daily OB that could present an area for price to turn around.
Will monitor this one very closely at the London Open.
Any questions feel free to ask
Smart Money LONG | EURJPYLooking at EURJPY
I have a nice 5min POI that I am looking to enter a long trade from here.
Let's see if the price can return back to where price impulsed to the upside to create a new structure high.
If you have any questions then feel free to ask
Ben
Smart Money LONG | GBPUSDLooking at GBPUSD
Really looking forward to seeing if this one can play out.
Waiting to see how the Asian session plays out, then to see if we can get manipulation of price on the Asian session to tag us into a potential entry.
Any questions feel free to ask
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Weekend Analysis + Market Re-cap Looking at the markets for after Christmas
Breaking down a few pairs that I am looking at for potentially after Christmas or into the New Year
EURUSD
AUDUSD
NZDUSD
GBPJPY
Let's see how they develop over the next week or so
Have a Merry Christmas and a happy new year
Smart Money LONG | EURJPYAfter the hourly distribution to the left failed its time to look for longs at the re-accumulation zone that caused the re-distribution zone to fail.
Let's see if we can get an entry where we can look to start managing the trade at an hourly distribution zone to the left.
Any questions feel free to ask
UJ predictionI am predicting sell from 5m tf Imbalance (IMB)
This IMB is also at the 1h tf Imbalance
Set tp & Sl by yourself
Tell Me what do you think about it
Enjoy!
EURUSD enticing the buyers? Just a video breakdown of how I draw my charts up - I'm very inconsistent in posting on here but if I'm able to help even one struggling trader then I'm happy with that.
This is my breakdown mainly using the 1hr chart which is my king timeframe I take my trades off the 1m but I'm not going to be posting that level of analysis at the moment.
I hope this helps someone and remember these levels are not levels that I just click buy or sell I wait for the lower Timeframe to align before I am willing to risk any of my money.
Sometimes these levels get ignored and that's fine, as a trader it's your job to adapt and not get frustrated that it didn't work and shouting that it doesn't make sense!
If you're new to trading my advice would not to be how to find great entries etc, it would be to understand what Liquidity is.
Master this and you'll always have a job in trading.. oh and Risk Management, oh and emotions, oh and trade management... good luck ;)
Trade Safe. PROTECT YOUR CAPITAL!!
EURGBP(UPDATE)There might be a Wyckoff distribution on EURGBP. There is also a huge imbalance area that the price might need to clear off. I'm taking a short trade on EurGbp on the daily since last week.
please take trade based on your own mm, I'm not a financial advisor.
XAUUSD SMART MONEY 1:10 RRR We are waiting for a little retraction on gold to hit the buy pending orders
